• Brighthouse Financial posted a net loss available to shareholders of $792 million, or $13.82 per diluted share, in first-quarter 2026, widening from a $294 million loss a year earlier.
• Adjusted earnings edged up to $239 million, or $4.15 per diluted share; results included a $12 million unfavorable notable item tied to actuarial refinements.
• Book value rose to $3.9 billion, or $67.27 per common share, while book value excluding AOCI slipped to $8 billion, or $139.63 per common share.
• Annuity sales fell 4% quarter-over-quarter to $2.2 billion, while life sales dropped 11% to $32 million.
• Aquarian Capital agreed to acquire Brighthouse Financial for $70 per share in an all-cash deal valued at about $4.1 billion; the transaction is expected to close in 2026, subject to insurance regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brighthouse Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260506742529) on May 06, 2026, and is solely responsible for the information contained therein.