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PUBLIC RELATIONS Brighthouse Financial , Inc. 11225 N. Community House Rd . Charlotte , NC 28277 FOR IMMEDIATE RELEASE ● Brighthouse Brighthouse Financial Announces Second Quarter 2021 Results Announced a new repurchase authorization of up to an additional $ 1 billion of common stock The company repurchased $ 246 million of its common stock year - to - date through August 4 , 2021 Estimated combined risk - based capital ( " RBC " ) ratio between 480 % and 500 % ; holding company liquid assets of $ 1.6 billion FINANCIAL® $ 250 million subsidiary ordinary dividend paid to the holding company in the second quarter of 2021 Regulatory approval for $ 600 million dividend from Brighthouse Reinsurance Company of Delaware to Brighthouse Life Insurance Company received in July 2021 Annuity sales increased 25 % over the second quarter of 2020 Life sales increased 117 % over the second quarter of 2020 Second quarter 2021 net income available to shareholders of $ 10 million , or $ 0.11 per diluted share Second quarter 2021 adjusted earnings , less notable items * , of $ 458 million , or $ 5.32 per diluted share CHARLOTTE , NC , August 5 , 2021 Brighthouse Financial , Inc. ( " Brighthouse Financial " or the " company " ) ( Nasdaq : BHF ) announced today its financial results for the second quarter ended June 30 , 2021 . Second Quarter 2021 Results The company reported net income available to shareholders of $ 10 million in the second quarter of 2021 , or $ 0.11 per diluted share , compared with a net loss available to shareholders of $ 1,998 million in the second quarter of 2020. During the quarter , as a result of market performance , the value of our hedges decreased , as expected . Due to being accounted for as insurance liabilities as required under U.S. GAAP , certain corresponding liabilities are less sensitive to market movements and , therefore , did not fully offset the decrease in the value of our hedges . The company ended the second quarter of 2021 with common stockholders ' equity ( " book value " ) of $ 14.8 billion , or $ 175.19 per common share , and book value , excluding accumulated other comprehensive income ( " AOCI " ) of $ 10.2 billion , or $ 120.62 per common share . 1 * Information regarding the non - GAAP and other financial measures included in this news release and a reconciliation of such non - GAAP financial measures to the most directly comparable GAAP measures are provided in the Non - GAAP and Other Financial Disclosures discussion below , as well as in the tables that accompany this news release and / or the Second Quarter 2021 Brighthouse Financial , Inc. Financial Supplement and / or the Second Quarter 2021 Brighthouse Financial , Inc. Earnings Call Presentation ( which are available on the Brighthouse Financial Investor Relations webpage at http : // investor.brighthousefinancial.com ) . Additional information regarding notable items can be found on the last page of this news release .