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PUBLIC RELATIONS Brighthouse Financial , Inc. 11225 N. Community House Rd . Charlotte , NC 28277 FOR IMMEDIATE RELEASE . Brighthouse Brighthouse Financial Announces Third Quarter 2021 Results Estimated combined risk - based capital ( " RBC " ) ratio between 520 % and 540 % ; holding company liquid assets of $ 1.5 billion FINANCIAL® $ 600 million Brighthouse Reinsurance Company of Delaware ( " BRCD " ) extraordinary dividend paid to Brighthouse Life Insurance Company ( " BLIC " ) in the third quarter of 2021 The company repurchased $ 403 million of its common stock year - to - date through November 2 , 2021 Annuity sales increased 1 % over the third quarter of 2020 Life sales increased 108 % over the third quarter of 2020 Third quarter 2021 net income available to shareholders of $ 361 million , or $ 4.34 per diluted share Third quarter 2021 adjusted earnings , less notable items * , of $ 514 million , or $ 6.17 per diluted share CHARLOTTE , NC , November 4 , 2021 - Brighthouse Financial , Inc. ( " Brighthouse Financial " or the " company " ) ( Nasdaq : BHF ) announced today its financial results for the third quarter ended September 30 , 2021 . Third Quarter 2021 Results The company reported net income available to shareholders of $ 361 million in the third quarter of 2021 , or $ 4.34 per diluted share , compared with a net loss available to shareholders of $ 3,012 million in the third quarter of 2020. The company ended the third quarter of 2021 with common stockholders ' equity ( " book value " ) of $ 14.7 billion , or $ 181.23 per common share , and book value , excluding accumulated other comprehensive income ( " AOCI " ) of $ 10.4 billion , or $ 128.24 per common share . In the third quarter of 2021 , the company completed its annual actuarial review where it reviews long - term assumptions , including policyholder behavior , operational and model refinements , as well as capital markets . As a result of this review , the net unfavorable impact to net income was $ 116 million , compared with a net unfavorable impact of $ 2,210 million as a result of the 2020 annual actuarial review conducted in the third quarter of last year . For the third quarter of 2021 , the company reported adjusted earnings * of $ 450 million , or $ 5.41 per diluted share , compared with adjusted loss of $ 689 million , or $ 7.43 per diluted share , in the third quarter of 2020 . 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 Third Quarter 2021 Brighthouse Financial , Inc. Financial Supplement and / or the Third 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 .