10-Q quarterly report · filed Nov 5, 2019

Brighthouse Financial Inc (BHF) Q3 2019 10-Q Quarterly Report

Short answer

Brighthouse Financial Inc (BHF) filed its Q3 2019 10-Q quarterly report on Nov 5, 2019 for the quarter ended Sep 30, 2019.

Brighthouse Financial Inc Q3 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $3.187B vs $1.422B YoY, driven by net derivative gains of $1.057B vs losses of $691M
  • Net income $676M vs $271M loss YoY, effective tax rate 15% vs 27%
  • Best segment: Annuities adjusted earnings $203M, worst: Run-off loss $426M vs $105M loss YoY
  • Operating cash flow $1.322B, short-term liquidity $3.1B vs $2.2B at December 31, 2018
  • Headwinds: lower interest rates, annual actuarial review, higher ULSG liabilities and ceded cost of insurance fees

Risk Factors

  • No material changes to risk factors from the 2018 Annual Report or subsequent 10-Qs
  • Market risk: previously disclosed risks may materially affect business performance
  • Regulatory risk: SEC filings identify potential material impacts from regulatory developments
  • Financial risk: previously disclosed risks include conditions that may materially affect financial position

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Brighthouse Financial Inc quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.