MetLife stock posts record adjusted EPS as growth spans six segments
Published on 11/09/2026 at 16:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecord earnings broaden across MetLife
- Adjusted earnings per share reached a company record in the third quarter after notable items were excluded.
- Revenue growth extended across all six business segments, with underwriting, volume growth and investment income supporting results.
- Management reaffirmed its New Frontier strategy and full-year free-cash-flow-ratio and direct-expense-ratio targets.
MetLife reported record third-quarter adjusted earnings per share on Wednesday, November 4, 2026, after the US market close. AD HOC NEWS said the insurer's adjusted EPS excluding notable items rose 22 percent year over year to 2.85 US dollars, the highest quarterly level in company history.
Broad growth supports the quarter
Adjusted earnings increased 12 percent to 1.8 billion US dollars. MetLife attributed the performance to higher variable investment income, broad-based volume growth and favorable underwriting.
Premiums, fees and other revenues rose 12 percent to 14.1 billion US dollars. Adjusted premiums, fees and other revenues excluding pension risk transfers increased 8 percent to 13.5 billion US dollars, with growth reported across all six business segments.
Group Benefits contributed adjusted earnings of 523 million US dollars, while Retirement and Income Solutions generated 413 million US dollars before the exclusion of notable items. Excluding notable items, adjusted return on equity reached 19.6 percent, above the company's full-year target range of 15 to 17 percent.
Capital returns remain in focus
MetLife said the quarter included 46 million US dollars of notable items, primarily related to its annual actuarial assumption review. Net income reached 2.4 billion US dollars, or 3.67 US dollars per share, while the company returned approximately 1 billion US dollars to shareholders through common-stock dividends and share repurchases.
Chief Executive Michel Khalaf said the results reflected disciplined execution, solid underwriting, volume growth and higher investment returns. Management remains confident in its New Frontier strategy and said it is on track for its full-year free-cash-flow-ratio and direct-expense-ratio targets.
MetLife stock traded at 91.08 euros on Lang & Schwarz at 16:45 CET on Monday, November 9, 2026.
MetLife Inc. stock facts
- Company: MetLife Inc.
- ISIN: US59156R1086
- Ticker: MET
- Home exchange: New York Stock Exchange
- Lang & Schwarz quote: 91.08 euros at 16:45 CET on November 9, 2026
- Third-quarter adjusted EPS excluding notable items: 2.85 US dollars
- Third-quarter adjusted return on equity excluding notable items: 19.6 percent
The S&P 500 provides the relevant US market backdrop for MetLife investors.
