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Metlife Inc (MET.N)

MET.N on New York Stock Exchange

52.54USD
10:53am EDT
Change (% chg)

$0.77 (+1.49%)
Prev Close
$51.77
Open
$51.60
Day's High
$52.55
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$51.39
Volume
232,548
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1,567,549
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$58.09
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$36.18

Latest Key Developments (Source: Significant Developments)

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

Metlife posts Q2 operating earnings per share $0.83
Wednesday, 3 Aug 2016 04:15pm EDT 

Metlife Inc : Metlife announces second quarter 2016 results . Q2 GAAP earnings per share $0.06 . Q2 earnings per share view $1.35 -- Thomson Reuters I/B/E/S . Q2 operating earnings per share $0.83 . As a result of review, metlife recorded a non-cash charge to net income of $2.0 billion, net of deferred acquisition costs and after tax . Accelerated 2016 annual variable annuity actuarial assumption review from Q3 to Q2 due to plan to separate substantial portion of U.S. retail business . About $1.5 billion of charge attributable to changes in policyholder behavior assumptions and changes in economic and other actuarial assumptions . Qtrly net derivative losses were $1.4 billion, after tax . Qtrly net investment income was $4.9 billion, down 6 percent . Qtrly operating premiums, fees & other revenues were $12.1 billion, down 1 percent on both a reported and on a constant currency basis over q2 of 2015. . Says at quarter-end book value, excluding AOCI other than FCTA, was $53.20 per share, up 5 percent from $50.73 at June 30, 2015 .Metlife will conduct remainder of its annual actuarial assumption review, which addresses products other than variable annuities, in Q3.  Full Article

Metlife declared Q3 2016 common stock dividend of $0.40/shr
Thursday, 7 Jul 2016 04:15pm EDT 

Metlife Inc :Sees announced that its board of directors has declared a Q3 2016 common stock dividend of $0.40 per share.  Full Article

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U.S. financial regulators discuss firm's 'too big to fail' label

WASHINGTON The Financial Stability Oversight Council, made up of all major U.S. financial regulators, met late on Thursday afternoon and reviewed its designation of a nonbank firm as "too big to fail," according to a statement from the Treasury Department.