Brighthouse Financial, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Eric Thomas Steigerwalt
- Full Time Employees
- 1,400
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- 11225 North Community House Road Charlotte NC United States of America 28277
- IPO Date
- May 19, 2020
- CIK
- 0001685040
- Website
- brighthousefinancial.com
- Similar Companies
- Business
- Brighthouse Financial, Inc. specializes in the design, manufacture, and sale of annuity and life insurance products in the United States. The company's core offerings include fixed annuities with guaranteed interest rates; fixed indexed annuities that provide principal protection while offering market-linked growth potential; variable annuities featuring guaranteed lifetime income options; and income annuities providing immediate or future guaranteed income streams. These products are marketed through independent distribution channels and are aimed at helping consumers protect and grow their retirement savings and wealth. Brighthouse also offers enhanced annuity products with living benefit riders, such as income riders that guarantee lifetime income, and fee-free withdrawal options under certain conditions. The company operates primarily in the U.S. market and is headquartered in Charlotte, North Carolina. Founded in 2017 as a spin-off from MetLife, Brighthouse has grown to become one of the largest providers of annuities and life insurance in the country. In terms of recent major developments, Brighthouse Financial has made significant strategic moves within the past two years. In late 2023, the company launched a suite of fixed indexed annuities designed to address diverse retirement portfolio needs. It also announced a $750 million stock repurchase program in November 2023, signaling a strong capital position and returning value to shareholders. Most notably, in 2025 Brighthouse entered into a definitive agreement to be acquired by Aquarian Capital LLC, a transaction valued at approximately $4.1 billion in an all-cash deal representing a 37% premium over the company's prior share price. This acquisition, expected to close in 2026, positions Brighthouse as a standalone entity under Aquarian Capital’s ownership and aligns with Aquarian’s strategic focus on the U.S. retirement market. Aquarian Capital is backed by RedBird Capital Partners and Mubadala Capital, reflecting growing private capital involvement in the insurance sector. Throughout these changes, CEO Eric Steigerwalt continues to lead the company. Brighthouse Financial’s product segments include annuities (fixed, fixed indexed, variable, and income annuities) and life insurance solutions designed for asset protection and predictable retirement income. The company targets individual consumers seeking retirement income security and life insurance protection. Its operations are supported by strong financial strength ratings such as A+ from AM Best and A3 from Moody's, reinforcing contract reliability and financial stability. Brighthouse manages approximately $204 billion in assets under management as of year-end 2023, with a significant portion tied to its annuity products. In summary, Brighthouse Financial, Inc. is a U.S.-focused insurer specializing in fixed, indexed, and variable annuities as well as life insurance products, offering market-linked growth potential together with principal protection and guaranteed income features, with strategic expansions and capital return initiatives recently highlighted by a pending acquisition by Aquarian Capital LLC set to complete in 2026.
Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
Brighthouse Financial, Inc. (BHF) Q3 2022 Earnings Call Transcript
Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
Brighthouse Financial, Inc. (BHF) CEO Eric Steigerwalt on Q2 2022 Results - Earnings Call Transcript
Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
Brighthouse Financial, Inc. (BHF) CEO Eric Steigerwalt on Q1 2022 Results - Earnings Call Transcript
Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions
Welcome To Brighthouse
The R.I.P. Portfolio's Q2 2020 Update
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