MetLife posts record Q3 2026 earnings with adjusted EPS of $2.85
MetLife reported its third‑quarter 2026 results, delivering record adjusted earnings per share of $2.85, a 22% year‑over‑year increase. Total revenues reached $20.522 billion and net income rose 187% to $2.351 billion. Adjusted earnings were $1.78 billion, up 12% on a reported basis, and the company returned roughly $650 million to shareholders through share repurchases.
Why it matters
The company’s record adjusted EPS and strong profit growth signal robust underwriting and investment performance, which may support higher dividend payouts and further share buybacks. The surge in net income and adjusted earnings also improves MetLife’s capital position and could lift its credit metrics.
Key facts
- 1Total revenues were $20.522 billion for the quarter, up 12% year‑over‑year. sec.gov
- 2Net income was $2.351 billion, an increase of 187% from the prior‑year quarter. sec.gov
- 3Adjusted earnings were $1.78 billion, up 12% on a reported basis. sec.gov
- 4Adjusted earnings per share were $2.78 on a reported basis and $2.85 excluding notable items. sec.gov
- 5Return on equity (GAAP) was 42.7%; adjusted ROE was 19.2% (19.6% excluding notable items). sec.gov
- 6Book value per share fell 22% to $30.73 (GAAP) while adjusted book value per share rose 5% to $59.41. sec.gov
Open questions
- Revenue growth is reported as 18% in material 1 but 12% in material 2; the exact percentage is unclear.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.