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Metlife Inc (MET.N)

MET.N on New York Stock Exchange

51.81USD
28 Apr 2017
Change (% chg)

$-0.33 (-0.63%)
Prev Close
$52.14
Open
$52.09
Day's High
$52.23
Day's Low
$51.77
Volume
1,141,441
Avg. Vol
1,457,321
52-wk High
$58.09
52-wk Low
$36.18

Latest Key Developments (Source: Significant Developments)

Metlife chairman says from 2016 through 2019, company plans to invest $1 bln in efficiency enhancements - shareholder letter
Thursday, 27 Apr 2017 09:29am EDT 

April 27 (Reuters) - Metlife Inc ::Metlife chairman in shareholder letter says in U.S. and abroad, will continue to allow "older, more capital intensive" liabilities to run off in 2017.Metlife chairman says from 2016 through 2019, we plan to invest $1 billion in efficiency enhancements - shareholder letter.Metlife Inc - “for 2017, we are on track to return close to $4.5 billion of capital to our shareholders”.Metlife chairman says "U.S. federal regulatory outlook is now more positive than it has been in nearly a decade" - shareholder letter.Metlife chairman says "prospect for pro-growth tax reform has also brightened" - shareholder letter.Metlife chairman says optimistic that reducing U.S. corporate income tax rate will make U.S. companies "more competitive globally".Metlife Chairman says intend to maintain common stock annual dividend at $1.60/share after separation of Brighthouse Financial, and grow it over time.Metlife chairman says "the time is long past due for the federal reserve to fully normalize U.S. monetary policy".  Full Article

Metlife sets quarterly dividend of $0.40 per share
Tuesday, 25 Apr 2017 04:15pm EDT 

April 25 (Reuters) - Metlife Inc ::Sets quarterly dividend of $0.40 per share.  Full Article

Metlife confirms Q1 2017 preferred stock dividend
Monday, 6 Mar 2017 04:15pm EST 

Metlife Inc : Metlife confirms first quarter 2017 preferred stock dividend .Metlife -confirmed previously announced declaration of q1 2017 dividend of $0.25 per share on floating rate non-cumulative preferred stock, series a.  Full Article

Metlife says originated $3.6 bln in agricultural loans in 2016
Thursday, 2 Mar 2017 09:28am EST 

Metlife Inc :Metlife Inc - company originated $3.6 billion in agricultural loans in 2016 through its subsidiaries and affiliates.  Full Article

Metlife reports Q1 2017 dividend of 25 cents/shr on preferred stock
Friday, 17 Feb 2017 04:15pm EST 

Metlife Inc : Metlife announces first quarter 2017 preferred stock dividend action, subject to final confirmation .Metlife says declared a Q1 2017 dividend of $0.25 per share on company's floating rate non-cumulative preferred stock, series A.  Full Article

Metlife investment portollo starting to benefit from higher interest rates, ceo says
Thursday, 2 Feb 2017 09:26am EST 

ceo : Says early 2017 sales are "solid," expects pfo growth to be at higher range of 3-5 percent -cfo . Metlife continues to see "favorable shift to higher margin products" in emea-cfo . Metlife says looking at hedging strategiesn examining various options after q4 derivatives loss driven by interest hike, accounting rules-cfo .Metlife working with fasb on possible accounting rule changes for hedging by insuers-conf call.  Full Article

Metlife reports Q4 operating EPS $1.28
Wednesday, 1 Feb 2017 04:22pm EST 

Metlife Inc - : Announces fourth quarter and full year 2016 results . Q4 operating earnings per share $1.28 . Q4 earnings per share view $1.34 -- Thomson Reuters I/B/E/S . Q4 loss per share $1.94 . Qtrly premiums, fees & other revenues were $12.4 billion, down 1 percent over Q4 of 2015 . Q4 total operating revenue $17,203 million versus $17,111 million last year . Qtrly net investment income was $5.0 billion, up 4 percent . Quarter-end book value, excluding AOCI other than FCTA, was $49.83 per share, down 3 percent from $51.15 at Dec. 31, 2015 .Q4 net loss includes $3.2 billion, after tax, in net derivative losses.  Full Article

Metlife Inc says co and unit entered into second amendment to a $4 billion five-year credit agreement dated May 30, 2014 - SEC filing
Wednesday, 21 Dec 2016 06:21am EST 

Metlife Inc : Metlife Inc says co and unit entered into second amendment to a $4 billion five-year credit agreement dated May 30, 2014 - SEC filing . Metlife Inc says amendment provides, 2014 credit agreement will be amended and restated upon completion of separation of brighthouse financial segment . Metlife Inc says all borrowings under amended and restated credit agreement must be repaid by December 20, 2021 .Metlife Inc says amended, restated credit agreement provide for borrowings or issuance of letters of credit up to $3 billion committed by lenders party thereto.  Full Article

MetLife's Japan unit offers early retirement amid streamlining - Nikkei
Monday, 26 Sep 2016 01:31pm EDT 

Nikkei: Metlife's Japanese arm will give voluntary early retirement packages to staff beginning next month - Nikkei .Metlife will consolidate its seven Tokyo offices into two locations next year - Nikkei.  Full Article

S&P announces various Metlife Group rating actions post-reorganization
Friday, 5 Aug 2016 02:19pm EDT 

S&P On Metlife: Various Metlife Group rating actions post-reorganization; outlook on separating companies revised to negative .Revised outlook on to-be-separated operating entities to negative; outlook on other remaining Met Group entities remains stable.  Full Article

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MetLife to invest $1 billion in tech to reach cost-savings goals

NEW YORK MetLife Inc plans to invest $1 billion in an efficiency program through 2019 that will eventually reduce annual operating costs by around $800 million, the insurer said on Thursday.