MetLife Inc.: A Story Of Capital Deployment to Achieve Responsible Growth and Boost Shareholder Value!

MetLife Inc. delivered solid financial results for the first quarter of 2024 with strong top-line growth, consistent execution, and sustained momentum. The company reported adjusted earnings of $1.3 billion or $1.83 per share, up 20% per share from the prior year period, reflecting a partial rebound in variable investment income led by private equity gains. Net income for the first quarter was $800 million, taking a sharp rise from $14 million from the prior year period. Additionally, the company reported a 13.8% adjusted return on equity in the quarter, consistent with its target range of 13% to 15%.