MET · News · 20260805N
Net Income and Profitability
METLIFE INC · 2026-08-05 · Importance 41 · Surprise 48 · No source text
MetLife’s second-quarter 2026 net income increased 1% year over year to $705 million, or $1.09 per share. Adjusted earnings rose 15% to approximately $1.6 billion, while adjusted earnings per share increased 20% to $2.43. Adjusted return on equity reached 17.0%, the top end of MetLife’s 15%–17% annual target range. Results were supported by favorable underwriting, broad volume growth, and higher investment income, although lower variable investment income and higher expenses were headwinds.
Key facts
- Adjusted earnings increased 15% to $1.6 billion in 2Q 2026, and adjusted earnings per share increased 20% to $2.43. source
- Net income increased 1% year-over-year to $705 million, or $1.09 per share, in 2Q 2026. source
- MetLife reported adjusted EPS of $2.43 in Q2 2026, surpassing the FactSet estimate of $2.30 per share. source
- Reported ROE on net income was 11.5% and adjusted ROE was 17.0% for 2Q 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +1.1% | Adjusted earnings increased 15% to $1.6 billion in 2Q 2026, and adjusted earnings per share increased 20% to $2.43. |