- Q1 2024 MetLife Inc Earnings Call TranscriptMay 02, 2024$69.52 (-3.34%)Earnings
- MetLife Inc at Bank of America Financial Services Conference TranscriptFeb 20, 2024
- Q4 2023 MetLife Inc Earnings Call TranscriptFeb 01, 2024$65.22 (-7.09%)Earnings
- MetLife Inc at Goldman Sachs Financial Services Conference (Virtual) TranscriptDec 05, 2023
- Q3 2023 MetLife Inc Earnings Call TranscriptNov 02, 2023$59.8 (-0.47%)Earnings
- MetLife Inc at KBW Insurance Conference TranscriptSep 07, 2023
- Q2 2023 MetLife Inc Earnings Call TranscriptAug 03, 2023$64.71 (+2.81%)Earnings
- MetLife Inc Second Quarter 2023 Financial Update Video TranscriptAug 02, 2023
- MetLife Inc at Sanford C Bernstein Strategic Decisions Conference TranscriptMay 31, 2023
- MetLife Inc agreement with Global Atlantic TranscriptMay 25, 2023
- Q1 2023 MetLife Inc Earnings Call TranscriptMay 04, 2023$54.3 (-9.08%)Earnings
- MetLife Inc at Bank of America US Financials Conference TranscriptFeb 15, 2023
- Q4 2022 MetLife Inc Earnings Call TranscriptFeb 02, 2023$69.92 (-4.05%)Earnings
- Q4 2022 MetLife Inc Pre Recorded Earnings Call TranscriptFeb 01, 2023$72.87 (+0.46%)Earnings
- MetLife Inc at Goldman Sachs US Financial Services Conference TranscriptDec 07, 2022
- Q3 2022 MetLife Inc Earnings Call TranscriptNov 03, 2022$73.73 (-2.00%)Earnings
- MetLife Inc at KBW Insurance Conference TranscriptSep 07, 2022
- Q2 2022 MetLife Inc Earnings Call TranscriptAug 04, 2022$64.53 (+1.63%)Earnings
- Q1 2022 MetLife Inc Earnings Call TranscriptMay 05, 2022$67.34 (+0.26%)Earnings
- Q1 2022 MetLife Inc Pre-Recorded Earnings Presentation TranscriptMay 04, 2022
- MetLife Inc at Bank of America Insurance Conference (Virtual) TranscriptFeb 16, 2022
- Q4 2021 MetLife Inc Earnings Call TranscriptFeb 03, 2022$68.02 (-0.22%)Earnings
- MetLife Inc at Goldman Sachs US Financial Services Conference TranscriptDec 08, 2021
- Q3 2021 MetLife Inc Earnings Call TranscriptNov 04, 2021$62.92 (-4.16%)Earnings
- MetLife Inc at KBW Insurance Conference (Virtual) TranscriptSep 10, 2021
- Q2 2021 MetLife Inc Earnings Call TranscriptAug 05, 2021$58.21 (+1.73%)Earnings
- MetLife Inc at S&P Global Inc Annual Insurance Conference (Virtual) TranscriptJun 09, 2021
- Q1 2021 MetLife Inc Earnings Call TranscriptMay 06, 2021$66.3 (+1.31%)Earnings
- MetLife Inc at Bank of America Insurance Conference (Virtual) TranscriptFeb 10, 2021
- Q4 2020 MetLife Inc Earnings and Outlook Conference Call TranscriptFeb 04, 2021
- Q3 2020 MetLife Inc Earnings Call TranscriptNov 05, 2020$40.05Earnings
- Q3 2020 MetLife Inc Financial Update Video TranscriptNov 04, 2020
- MetLife Inc Acquisition Of Versant Health Conference Call TranscriptSep 17, 2020
- MetLife Inc at KBW Insurance Conference TranscriptSep 10, 2020
- Q2 2020 MetLife Inc Earnings Call TranscriptAug 06, 2020$37.67Earnings
- MetLife Inc Annual Shareholders Meeting TranscriptJun 16, 2020
- Q1 2020 MetLife Inc Earnings Call TranscriptMay 07, 2020$33.43 (-1.59%)Earnings
- MetLife Inc at Bank of America Merrill Lynch Securities Insurance Conference TranscriptFeb 12, 2020
- Q4 2019 MetLife Inc Earnings Call TranscriptFeb 06, 2020$50.53Earnings
- MetLife Inc Investor Conference TranscriptDec 12, 2019
- Q3 2019 MetLife Inc Earnings Call TranscriptOct 31, 2019$45.97Earnings
- MetLife Inc at KBW Insurance Conference TranscriptSep 04, 2019
- Q2 2019 MetLife Inc Earnings Call TranscriptAug 01, 2019$50.47Earnings
- Q2 2019 MetLife Inc Financial Update Video TranscriptJul 31, 2019
- Q1 2019 MetLife Inc Earnings Call TranscriptMay 02, 2019$47.87 (+6.28%)Earnings
- MetLife Inc at Bank of America Merrill Lynch Insurance Conference TranscriptFeb 14, 2019
- Q4 2018 MetLife Inc Earnings Call TranscriptFeb 07, 2019$43.49 (-3.53%)Earnings
Q3 2020 MetLife Inc Financial Update Video Transcript
Hello, and thank you for joining me today. I'm pleased to be speaking with you from MetLife's headquarters in New York City, where I'll discuss our results for the third quarter of 2020.
MetLife delivered a strong third quarter, driven by variable investment income, balanced underwriting and expense discipline.
Third quarter net income was $633 million compared to net income of $2.2 billion in the third quarter of 2019. The decline is primarily a result of mark-to-market losses on derivatives that hedge our liabilities.
On a year-to-date basis, net income was $5.1 billion compared to net income of $5.2 billion a year ago. Adjusted earnings were $1.6 billion, up 33%, and up 35% on a constant currency basis. On a per share basis, adjusted earnings were $1.73, up 36% from the prior year period.
During the third quarter, MetLife conducted its annual global review of actual assumptions underlying the estimate of certain insurance assets and liabilities. Actual assumption review reduced net income by $301 million,
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
![](https://static.gurufocus.com/material/money-back-guarantee.png)
![](https://static.gurufocus.com/trust_rating.png)
![](https://static.gurufocus.com/trust.png)