MetLife (MET) Stock

MetLife, Inc. (NYSE: MET) has announced its preferred stock dividends for the quarter. Shareholders will receive a dividend of $0.39232690 per share for the Series A floating rate non-cumulative preferred stock, and $351.5625 per share for the Series E 5.625% non-cumulative preferred stock. Both stocks have a liquidation preference of $25 and $25,000 per share, respectively.

On Thursday, the U.S. Treasury Department announced that MetLife's branch, American Life Insurance Company, located in New York, has decided to resolve its possible civil responsibility for more than 2,300 apparent breaches of sanctions related to Iran.

MET's earnings for the third quarter have been affected by increased costs and a reduced recurring interest margin in RIS.

The main figures for MetLife (MET) provide an overview of the company's performance for the quarter that ended in September 2024. However, it could be useful to compare these important metrics with Wall Street predictions and the results from the same period last year.

MetLife (MET) reported quarterly earnings of $1.93 per share, which is lower than the Zacks Consensus Estimate of $2.16 per share. This is also a decrease from the earnings of $1.97 per share from the same period last year.

MetLife, Inc. (NYSE: MET) has released its financial results for the third quarter of 2024. The company reported a net income of $1.3 billion, or $1.81 per share, which is an increase from $422 million, or $0.56 per share, in the same quarter of 2023. Additionally, the adjusted earnings were $1.4 billion, or $1.95 per share, slightly down from $1.5 billion, or $1.97 per share, in the previous year, while the book value rose to $39.02 per share, a 33 percent increase from $29.34 per share in September.

HONG KONG--(BUSINESS WIRE)--MetLife Foundation has revealed more recipients of its Community Impact Grant Program (CIGP), which helps local non-profit organizations that offer urgent support to communities affected by the increasing income and wealth gap. The latest recipients are from both the U.S. and the Asia-Pacific region, following the program's expansion earlier this year and the announcement of a second round of funding for 2024 in the U.S. CIGP was initially launched in 2023.

MET's earnings for the third quarter are expected to have improved due to higher premiums and increased investment income.

MetLife Foundation has revealed more recipients of its Community Impact Grant Program (CIGP), which helps local non-profits that offer urgent support to communities affected by the increasing income and wealth gap. The latest recipients are located across the U.S. and the Asia-Pacific region, following the program's expansion earlier this year and the announcement of a second round of funding for 2024 in the U.S. CIGP was initially launched in 2022.