Brighthouse Financial, Inc. (BHFAP)
Brighthouse Financial, Inc. operates in the Insurance - Life industry of the Financial Services sector, headquartered in Charlotte, NC, US. The stock last traded at $13.78, up 0.55% on the session, giving a market capitalisation of $2.28B. On trailing twelve-month figures it carries a trailing P/E of 3.91, a net margin of 13.2%. Its beta of 0.87 implies it has historically moved less than the broad market.
Brighthouse Financial, Inc. is a U.S.-based financial services company that offers annuity and life insurance solutions throughout the country. Its operations are organized into three main divisions: Annuities, Life, and Run-off. The Annuities segment provides a range of products, including variable, fixed, index-linked, and income annuities, designed to help clients with tax-deferred wealth accumulation, estate planning, and securing future income. Through its Life segment, the company delivers various life insurance policies such as term, universal, whole, and variable life, meeting policyholders' needs for financial protection and protected wealth transfer. The Run-off segment is responsible for managing a portfolio of older business, which includes structured settlements, pension risk transfer contracts, specific company-owned life insurance policies, funding agreements, and universal life policies with secondary guarantees. The firm was established in 2016 and is headquartered in Charlotte, North Carolina.
Brighthouse Financial, Inc. is most often compared with the following Financial Services names: