MetLife stock reaches record adjusted EPS in strong third quarter

Published on 11/05/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MetLife stock follows a record third quarter with growth across all six business segments. Management remains confident in its New Frontier strategy.

MetLife posts broad third-quarter growth

Adjusted earnings per share excluding notable items reached a company record.
Revenue growth extended across all six business segments.
Management reaffirmed confidence in the New Frontier strategy and progress toward its annual targets.

MetLife Inc., US59156R1086, Illustration mit AI erstellt.

MetLife reported record adjusted earnings per share for the third quarter on Wednesday, November 4, after the US market close. According to the company release carried by Business Wire, adjusted earnings excluding total notable items reached 2.85 US dollars per share, the highest quarterly level in MetLife history.

Record earnings across the insurer

Net income available to common shareholders rose 187 percent year over year to 2.351 billion US dollars, or 3.67 US dollars per diluted share. Adjusted earnings increased 12 percent to 1.780 billion US dollars, while adjusted earnings per share rose 17 percent to 2.78 US dollars before notable items.

Premiums, fees and other revenues climbed 12 percent to 14.056 billion US dollars. Adjusted premiums, fees and other revenues excluding pension risk transfers advanced 8 percent to 13.525 billion US dollars, with growth reported in all six business segments. Adjusted return on equity was 19.2 percent, or 19.6 percent excluding total notable items.

Investment income supports performance

MetLife attributed the quarter to higher variable investment income, broad-based volume growth and favorable underwriting. The result also included 698 million US dollars of net derivative gains, while the annual actuarial assumption review reduced adjusted earnings by 46 million US dollars. Those items underline the distinction between the company record on the adjusted measure and the broader GAAP result.

Management said the New Frontier strategy continued to deliver revenue growth across every business segment. MetLife also said it remained on track for its full-year free cash flow ratio and direct expense ratio targets. Share repurchases and common stock dividends returned approximately 1 billion US dollars to investors during the quarter.

Stock context after the results

MetLife stock traded at 94.77 euros on Lang & Schwarz at 15:42 CET on Thursday, November 5, 2026; that was 5.45 percent above the 89.88-euro quote in the October 29 report. For live pricing, see the real-time quote of MetLife stock.