bhf: the income statement

MyFinsight

Brighthouse Financial, Inc. (BHF)

For the year ending 2024-12-31, BHF made $17,996M in revenue. $286M in net income. Net profit margin of 1.59%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

	2024-12-31
Reinsurance assumed	53
Reinsurance ceded	-913
Direct universal life and investment-type product policy fees	2,976
Gross investment income	5,570
Less investment expenses	348
Reinsurance assumed	7
Reinsurance ceded	286
Direct other revenues	286
Reinsurance assumed	12
Reinsurance ceded	-637
Direct premiums	1,395
Debt securities	-245
Equity securities	-6
Mortgages	-56
Other investments	14
Real estate investment	-2
Total revenues	4,724
Policyholder benefits and claims (including liability remeasurement gains (losses) of (978), (234), 137, respectively)	2,294
Other expenses	1,946
Change in market risk benefits	2,673
Interest credited to policyholder account balances	2,136
Amortization of deferred policy acquisition costs and value of business acquired	599
Total expenses	4,302
Income (loss) before provision for income tax	422
Provision for income tax expense (benefit)	29
Net income (loss)	393
Less net income (loss) attributable to noncontrolling interests	5
Net income (loss) attributable to brighthouse financial, inc	388
Less preferred stock dividends	102
Net income (loss) available to brighthouse financial, inc.s common shareholders	286

Basic eps	4.67
Diluted eps	4.64
Basic average shares	61,199,247
Diluted average shares	61,600,382

Unit: Million (M) dollars (except for numbers of shares and EPS)