MetLife Reports Strong First-Quarter 2026 Financial Performance
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Metlife ( (MET) ) has issued an update.
MetLife reported strong first-quarter 2026 results for the period ended March 31, 2026, with net income rising 30% year on year to $1.1 billion, or $1.74 per share, and adjusted earnings up 18% to $1.6 billion, or $2.42 per share. Premiums, fees and other revenues climbed 5% to $14.3 billion, while adjusted revenues excluding pension risk transfers advanced 10% to $13.3 billion, supported by higher variable investment income, volume growth and favorable underwriting.
Net investment income increased 10% to $5.4 billion, driven largely by a 58% jump in variable investment income on stronger private equity returns and overall asset growth. The company’s book value per share rose 8% to $37.92, adjusted book value per share gained 4% to $57.41, and holding company cash and liquid assets reached $3.9 billion, at the top of its target range.
Across segments, adjusted earnings advanced broadly, with Group Benefits up 19% to $439 million, Retirement and Income Solutions up 11% to $451 million, Asia up 31% to $487 million, Latin America up 5% to $229 million, EMEA up 33% to $110 million, and MetLife Investment Management up 68% to $47 million. Management highlighted that the results reflect disciplined execution and capital deployment under its New Frontier strategy, reinforcing its aim to balance business investment with substantial capital returns, including more than $1.1 billion returned to shareholders in the quarter via buybacks and dividends.
The most recent analyst rating on (MET) stock is a Buy with a $95.00 price target. To see the full list of analyst forecasts on Metlife stock, see the MET Stock Forecast page.
Spark’s Take on MET Stock
According to Spark, TipRanks’ AI Analyst, MET is a Neutral.
The score is held back primarily by deteriorating cash-flow performance in 2025 and a clearly bearish technical trend (price below key moving averages with weak momentum). Offsetting these are a reasonable valuation with a ~3.1% dividend yield and a generally positive earnings-call outlook featuring double-digit adjusted EPS growth guidance and continued capital returns, though tempered by expected 2026 corporate headwinds and variable investment income softness.
To see Spark’s full report on MET stock, click here.
More about Metlife
MetLife, Inc. is a global insurance and financial services company providing life, health, and group benefits, as well as retirement and income solutions. The company also operates MetLife Investment Management, overseeing a diversified global investment portfolio and focusing on asset growth and steady returns for institutional and retail clients.
Average Trading Volume: 3,769,085
Technical Sentiment Signal: Strong Buy
Current Market Cap: $51.48B
For detailed information about MET stock, go to TipRanks’ Stock Analysis page.
