MetLife Announces 1Q 2026 Results

MetLife, Inc. (NYSE: MET) today announced its first quarter 2026 results. Earnings Return Per Share on Equity (ROE) 1Q 2026 1Q 2026 Net Income $1.74 ROE 18.2% Adjusted Earnings $2.42 Adjusted ROE 17.0% • Net income increased 30%1to $1.1 billion, or $1.74 per share. • Adjusted earnings increased 18% to $1.6 billion, driven by higher variable investment income, volume growth and favorable underwriting. • Adjusted earnings per share increased 23% to $2.42. • Premiums, fees and other revenues (PFOs) increased 5% to $14.3 billion. • Adjusted PFOs, excluding pension risk transfers (PRT), increased 10% to $13.3 billion, with growth in all segments. • Net investment income up 10% to $5.4 billion. • Variable investment income up 58% to $518 million, driven by higher private equity returns. • Book value per share (BVPS) up 8% to $37.92, adjusted BVPS up 4% to $57.41. • Returned over $1.1 billion to shareholders via share repurchases and common stock dividends. • Holding company cash and liquid