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    Voya Financial announces first-quarter 2025 results

    5/6/25 4:23:00 PM ET
    $VOYA
    Life Insurance
    Finance
    Get the next $VOYA alert in real time by email

    Voya Financial, Inc. (NYSE:VOYA) announced today its first-quarter 2025 financial results:

    • First-quarter 2025 net income available to common shareholders of $139 million, or $1.42 per diluted share, and after-tax adjusted operating earnings1 of $195 million, or $2.00 per diluted share.
    • Results are driven by positive prior year Stop Loss reserve developments, the successful acquisition of OneAmerica Financial's full-service retirement plan business, disciplined spend, and strong commercial momentum.
    • The balance sheet is prudently positioned, and excess capital generation continues to be strong. In the quarter we:
      • returned $43 million to shareholders through common dividends.
      • deployed approximately $200 million for the acquisition of OneAmerica Financial's full-service retirement plan business and strategic growth investments.

    "In the first quarter of 2025, adjusted operating EPS grew 13% compared with the prior-year period, driven primarily by the positive impact of the OneAmerica acquisition and our strong commercial momentum in Wealth Solutions and Investment Management," said Heather Lavallee, chief executive officer, Voya Financial. "I am encouraged by the commercial momentum we are building across our businesses, fueled by strong inflows, key strategic renewals, and a robust pipeline of opportunities."

    "Despite the uncertainties in the current macroeconomic environment, our commitment to creating long-term value for our shareholders remains steadfast. We are focused on executing on our key priorities while maintaining a strong balance sheet as we balance capital return to shareholders with prudent investment in growth opportunities."

    ______________________________

    1 This press release includes certain non-GAAP financial measures, including adjusted operating earnings. More information on notable items in the company's financial results, non-GAAP measures, and reconciliations to the most comparable U.S. GAAP measures can be found in the "Use of Non-GAAP Financial Measures" and reconciliation tables at the end of this press release, and in the "Non-GAAP Financial Measures" section of the company's Quarterly Investor Supplement, which is available at investors.voya.com.

    First-Quarter 2025 Consolidated Results

    First-quarter 2025 net income available to common shareholders was $139 million, or $1.42 per diluted share, compared with $234 million, or $2.24 per diluted share, in first-quarter 2024. The decrease was driven by the absence of net investment gains and tax benefits associated with divested businesses in the prior period which did not repeat and higher expenses in the current period associated with acquisitions and severance, partially offset by higher after-tax adjusted operating earnings.

    First-quarter 2025 after-tax adjusted operating earnings were $195 million, or $2.00 per diluted share, compared with $185 million, or $1.77 per diluted share, in first-quarter 2024. The growth was primarily due to the acquired business from OneAmerica, positive capital markets and net inflows across the business, partially offset by higher expenses in Health Solutions due to strategic investments in Short-Term Disability and Leave Management. First-quarter 2025 earnings per share also reflect a reduced share count as a result of share repurchases in the prior year.

    Business Segment Results

    Wealth Solutions

    Wealth Solutions first-quarter 2025 pre-tax adjusted operating earnings were $207 million, up from $186 million in the prior-year period. The increase was primarily due to the acquired business from OneAmerica, positive capital markets and disciplined spend.

    Net revenues for the trailing twelve months (TTM) ended Mar. 31, 2025 grew 10.2% compared with the prior-year period due to positive capital markets, acquired spread and fee-based revenues from OneAmerica and higher alternative investment income.

    Adjusted operating margin for the TTM ended Mar. 31, 2025 was 39.7% compared with 35.7% in the prior-year period. The improvement reflects net revenue growth and disciplined spend management.

    Excluding notable items, for the TTM ended Mar. 31, 2025, net revenues grew 7.9% and adjusted operating margin was 41.2%.

    Total client assets as of Mar. 31, 2025 were $694 billion, up 21% compared with Mar. 31, 2024, primarily due to assets onboarded from OneAmerica, positive capital markets, and significant recordkeeping wins. Those wins contributed to approximately $30 billion of defined contribution net inflows in first quarter 2025.

    Health Solutions

    Health Solutions first-quarter 2025 pre-tax adjusted operating earnings were $46 million, down from $59 million in the prior-year period. The positive prior year Stop Loss reserve developments were tempered by lower reported Group Life and Voluntary underwriting gains and strategic investments in Short-Term Disability and Leave Management.

    Net revenues for the TTM ended Mar. 31, 2025 declined 17.1% compared with the prior-year period. Adjusted operating margin for the TTM ended Mar. 31, 2025, was 2.7% compared with 23.9% in the prior-year period.

    Excluding notable items, for the TTM ended Mar. 31, 2025, net revenues declined 18.0% and adjusted operating margin was 3.6%.

    The decline in margins and net revenues primarily reflects a higher loss ratio in Stop Loss in the current TTM period.

    Health Solutions first-quarter 2025 annualized in-force premiums and fees declined 5% to $3.7 billion compared with the prior-year period. The decline primarily reflects actions to improve profitability in the Stop Loss business, partially offset by growth in the Voluntary business.

    Investment Management

    Investment Management first-quarter 2025 pre-tax adjusted operating earnings, excluding noncontrolling interest, were $41 million, compared to $42 million in the prior-year period. Growth in fee-based revenues benefiting from strong business momentum and positive capital markets year-over-year was offset by higher seasonal expenses.

    Net revenues for the TTM ended Mar. 31, 2025 grew 7.6% compared with the prior-year period due to an increase in fee-based revenues reflecting net inflows and positive capital markets.

    Adjusted operating margin for the TTM ended Mar. 31, 2025 was 28.1% compared with 25.7% in the prior-year period. The improvement was due to net revenue growth and disciplined expense management.

    Excluding notable items, for the TTM ended Mar. 31, 2025, net revenues grew 8.0% and adjusted operating margin was 28.6%.

    Investment Management generated net inflows of $7.7 billion (excluding divested businesses) during the three months ended Mar. 31, 2025, representing organic growth of 2.5% for the quarter. The growth reflects continued momentum in the Institutional, Insurance, and Intermediary channels.

    Corporate

    Corporate first-quarter 2025 pre-tax adjusted operating losses, excluding noncontrolling interest, were $62 million, compared with $63 million of losses in the prior-year period.

    Capital

    For the first-quarter 2025, the company generated approximately $200 million of excess capital reflecting capital generation of over 90% of after-tax adjusted operating earnings for the quarter. In the first quarter, the company returned $43 million of excess capital to shareholders through common stock dividends and retired $400 million of 3.976% Senior Notes using the proceeds from the recent debt issuance. Additionally, the company deployed approximately $200 million of excess capital to the OneAmerica Financial's full-service retirement plan business acquisition upfront cash payment and risk-based capital requirements as well as towards the company's strategic growth investments.

    As of Mar. 31, 2025, the company had approximately $150 million of excess capital.

    Additional Financial Information and Earnings Call

    More detailed financial information can be found in the company's quarterly investor supplement, which is available on Voya's investor relations website, investors.voya.com. In addition, Voya will host a conference call on Wednesday, May 7, 2025, at 10 a.m. ET, to discuss the company's first-quarter 2025 results. The call and slide presentation can be accessed via the company's investor relations website at investors.voya.com. A replay of the call will be available on the company's investor relations website, investors.voya.com, starting at approximately 1 p.m. ET on May 7, 2025.

    About Voya Financial

    Voya Financial, Inc. (NYSE:VOYA) is a leading health, wealth and investment company with approximately 10,000 employees who are focused on achieving Voya's aspirational vision: "Clearing your path to financial confidence and a more fulfilling life." Through products, solutions and technologies, Voya helps its approximately 15.7 million individual, workplace and institutional clients become well planned, well invested and well protected. Benefitfocus, a Voya company and a leading benefits administration provider, extends the reach of Voya's workplace benefits and savings offerings by engaging directly with approximately 11.9 million employees in the U.S. Certified as a "Great Place to Work" by the Great Place to Work® Institute, Voya is purpose-driven and committed to conducting business in a way that is economically, ethically, socially and environmentally responsible. Voya has earned recognition as one of the World's Most Ethical Companies® by Ethisphere; a member of the Bloomberg Gender-Equality Index; and a "Best Place to Work for Disability Inclusion" on the Disability Equality Index. For more information, visit voya.com. Follow Voya Financial on Facebook, LinkedIn and Instagram.

    Use of Non-GAAP Financial Measures

    We believe that Adjusted operating earnings before income taxes is a meaningful measure used by management to evaluate our business and segment performance. This measure enhances the understanding of our financial results by focusing on the operating performance and trends of the underlying core business segments. It excludes results from exited businesses and items that tend to be highly variable from period to period based on capital market conditions or other factors which distort the ability to make a meaningful evaluation of our segments. We use the same accounting policies and procedures to measure segment Adjusted operating earnings before income taxes as we do for the directly comparable U.S. GAAP measure Income (loss) before income taxes. Adjusted operating earnings before income taxes does not replace Income (loss) before income taxes as the U.S. GAAP measure of our consolidated results of operations. Therefore, we believe that it is useful to evaluate both measures when reviewing our financial and operating performance. Each segment's Adjusted operating earnings before income taxes is calculated by adjusting Income (loss) before income taxes for the following items:

    • Net investment gains (losses);
    • Income (loss) related to businesses exited or to be exited through reinsurance or divestment;
    • Income (loss) attributable to noncontrolling interests to which we are not economically entitled;
    • Dividend payments made to preferred shareholders are included as reductions to reflect the Adjusted operating earnings before income taxes that are available to common shareholders;
    • Other adjustments may include the following items:
      • Income (loss) related to early extinguishment of debt;
      • Impairment of goodwill and intangible assets;
      • Amortization of acquisition-related intangible assets as well as contingent consideration fair value adjustments;
      • Expected return on plan assets net of interest costs associated with our qualified defined benefit pension plan and immediate recognition of net actuarial gains (losses) related to all of our pension and other postretirement benefit obligations and gains (losses) from plan amendments and curtailments; and
      • Other items not indicative of normal operations or performance of our segments or that may be related to events such as capital or organizational restructurings, including certain costs related to debt and equity offerings, acquisition / merger integration expenses, severance and other third-party expenses associated with such activities, and expenses attributable to vacant real estate.

    Sources of Earnings

    We analyze our segment performance based on the sources of earnings. We believe that this supplemental information is useful because we use it to analyze our business and it can help investors understand the main drivers of Adjusted operating earnings before income taxes. The sources of earnings include:

    • Investment spread and other investment income.
    • Fee-based margin.
    • Net underwriting gain (loss).
    • Administrative expenses.
    • Premium taxes, fees and assessments.
    • Net commissions.
    • DAC/VOBA and other intangibles amortization.

    Net Revenue and Adjusted Operating Margin

    • Adjusted operating margin is defined as Adjusted operating earnings before income taxes divided by net revenue.
    • Net revenue is the sum of investment spread and other investment income, fee-based margin, and net underwriting gain (loss).
    • We also report net revenue and adjusted operating margin excluding notable items, such as alternative investment income above or below our long-term expectations.
    • We report net revenue and adjusted operating margin excluding notable items since they provide the main drivers for Adjusted operating earnings before income taxes excluding the effects of items that are not expected to recur at the same level.

    Forward-Looking and Other Cautionary Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company does not assume any obligation to revise or update these statements to reflect new information, subsequent events or changes in strategy. Forward-looking statements include statements relating to future developments in our business or expectations for our future financial performance and any statement not involving a historical fact. Forward-looking statements use words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," and other words and terms of similar meaning in connection with a discussion of future operating or financial performance. Actual results, performance or events may differ materially from those projected in any forward-looking statement due to, among other things, (i) global market risks, including general economic conditions, interest rates, inflation, tariffs imposed or threatened by the U.S. or foreign governments and our ability to manage such risks; (ii) liquidity and credit risks, including financial strength or credit ratings downgrades, requirements to post collateral, and availability of funds through dividends from our subsidiaries or lending programs; (iii) strategic and business risks, including our ability to maintain market share, achieve desired results from our acquisitions and dispositions, or otherwise manage our third-party relationships; (iv) investment risks, including the ability to achieve desired returns or liquidate certain assets; (v) operational risks, including cybersecurity and privacy failures and our dependence on third parties; and (vi) tax, regulatory and legal risks, including limits on our ability to use deferred tax assets, changes in law, regulation or accounting standards, and our ability to comply with regulations. Factors that may cause actual results to differ from those in any forward-looking statement also include those described under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") – Trends and Uncertainties" in our Annual Report on Form 10-K for the year ended Dec. 31, 2024, as filed with the SEC on Feb. 21, 2025, and in our Quarterly Report on Form 10-Q for the three months ended Mar. 31, 2025, to be filed with the SEC on or before May 12, 2025.

    VOYA-IR VOYA-CF

    Consolidated Statement of Operations

     

    Three Months Ended

    (in millions USD, except per share)

    3/31/2025

    3/31/2024

     

     

     

    Revenues

     

     

    Net investment income

    $

    560

     

    $

    529

     

    Fee income

     

    570

     

     

    513

     

    Premiums

     

    737

     

     

    800

     

    Net gains (losses)

     

    (34

    )

     

    43

     

    Other revenues

     

    104

     

     

    88

     

    Income (loss) related to consolidated investment entities

     

    32

     

     

    78

     

    Total revenues

     

    1,969

     

     

    2,051

     

    Benefits and expenses

     

     

    Interest credited and other benefits to contract owners/policyholders

     

    (835

    )

     

    (851

    )

    Operating expenses

     

    (824

    )

     

    (799

    )

    Net amortization of DAC/VOBA

     

    (62

    )

     

    (56

    )

    Interest expense

     

    (32

    )

     

    (30

    )

    Operating expenses related to consolidated investment entities

     

    (43

    )

     

    (28

    )

    Total benefits and expenses

     

    (1,796

    )

     

    (1,764

    )

    Income (loss) before income taxes

     

    173

     

     

    287

     

    Income tax expense (benefit)

     

    22

     

     

    (1

    )

    Net income (loss)

     

    151

     

     

    288

     

    Less: Net income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest

     

    (5

    )

     

    37

     

    Net income (loss) available to Voya Financial, Inc.

     

    156

     

     

    251

     

    Less: Preferred stock dividends

     

    17

     

     

    17

     

    Net income (loss) available to Voya Financial, Inc.'s common shareholders

    $

    139

     

    $

    234

     

    Net income (loss) available to Voya Financial, Inc.'s common shareholders per common share:

     

     

    Basic

    $

    1.45

     

    $

    2.29

     

    Diluted

    $

    1.42

     

    $

    2.24

     

    Reconciliation of Net Income (Loss) to Adjusted Operating Earnings and Earnings Per Share (Diluted)

     

    Three Months Ended

    (in millions USD, except per share)

    3/31/2025

     

    3/31/2024

     

    After-tax (1)

    Per share

     

    After-tax (1)

    Per share

    Net Income (loss) available to Voya Financial, Inc.'s common shareholders

    $

    139

     

    $

    1.42

     

     

    $

    234

     

    $

    2.24

     

    Less:

     

     

     

     

     

    Net investment gains (losses)

     

    (1

    )

     

    (0.02

    )

     

     

    50

     

     

    0.48

     

    Income (loss) related to businesses exited or to be exited through reinsurance or divestment (2)

     

    (31

    )

     

    (0.32

    )

     

     

    13

     

     

    0.12

     

    Other adjustments (3)

     

    (24

    )

     

    (0.24

    )

     

     

    (14

    )

     

    (0.13

    )

    Adjusted operating earnings

    $

    195

     

    $

    2.00

     

     

    $

    185

     

    $

    1.77

     

    Less:

     

     

     

     

     

    Alternative investment income and prepayment fees above (below) expectations net of variable compensation

     

    (15

    )

     

    (0.15

    )

     

     

    (12

    )

     

    (0.11

    )

    Adjusted operating earnings excluding notable items

    $

    210

     

    $

    2.15

     

     

    $

    197

     

    $

    1.88

     

    Note: Totals may not sum due to rounding.

    (1) For adjusted operating earnings, we apply a 21% tax rate and adjust for the dividends received deduction, tax credits, non-deductible compensation, and other tax benefits and expenses that relate to adjusted operating earnings. For net investment gains (losses), income (loss) related to businesses exited, and other non-operating items, we apply a 21% tax rate and adjust for related tax benefits and expenses, including changes to tax valuation allowances and impacts related to changes in tax law.

    (2) Includes a tax benefit of $38 million related to a divested business for the three months ended Mar. 31, 2024.

    (3) Primarily consists of acquisition and integration costs associated with recent transactions and amortization of acquisition-related intangible assets. For the three months ended Mar. 31, 2025, also includes $6 million, after-tax, of severance costs.

    Adjusted Operating Earnings and Notable Items

    Three Months Ended Mar. 31, 2025

    (in millions USD, except per share)

    Amounts Including

    Notable Items

    Alternative investment income and prepayment fees above (below) expectations (1)

    Amounts Excluding

    Notable Items

     

    a

    b

    c = a - b

    Adjusted operating earnings

     

     

     

    Wealth Solutions

    $

    207

     

    $

    (14

    )

    $

    222

     

    Health Solutions

     

    46

     

     

    (2

    )

     

    48

     

    Investment Management

     

    41

     

     

    (2

    )

     

    43

     

    Corporate

     

    (62

    )

     

    —

     

     

    (62

    )

    Adjusted operating earnings before income taxes

     

    232

     

     

    (19

    )

     

    251

     

    Less: Income taxes (2)

     

    37

     

     

    (4

    )

     

    41

     

    Adjusted operating earnings after income taxes

    $

    195

     

    $

    (15

    )

    $

    210

     

    Adjusted operating earnings per share

     

    2.00

     

     

    (0.15

    )

     

    2.15

     

    Note: Totals may not sum due to rounding.

    (1) Amount by which Investment income from alternative investments and prepayments exceeds or is less than our expectations, net of variable compensation. The long-term expectation for alternative investments is a 9% annual return, which for the three months ended Mar. 31, 2025, was approximately $49 million, pre-tax and before variable compensation. The expectation for prepayment fees is between $1 million and $2 million for the three months ended Mar. 31, 2025, pre-tax and before variable compensation, as communicated in Feb. 2025.

    (2) For adjusted operating earnings, we apply a 21% tax rate and adjust for the dividends received deduction, tax credits, non-deductible compensation, and other tax benefits and expenses that relate to adjusted operating earnings.

    Adjusted Operating Earnings and Notable Items

    Three Months Ended Mar. 31, 2024

    (in millions USD, except per share)

    Amounts Including

    Notable Items

    Alternative investment income and prepayment fees above (below) expectations (1)

    Amounts Excluding

    Notable Items

     

    a

    b

    c = a - b

    Adjusted operating earnings

     

     

     

    Wealth Solutions

    $

    186

     

    $

    (14

    )

    $

    200

     

    Health Solutions

     

    59

     

     

    —

     

     

    60

     

    Investment Management

     

    42

     

     

    (1

    )

     

    42

     

    Corporate

     

    (63

    )

     

    —

     

     

    (63

    )

    Adjusted operating earnings before income taxes

     

    224

     

     

    (15

    )

     

    238

     

    Less: Income taxes (2)

     

    38

     

     

    (3

    )

     

    42

     

    Adjusted operating earnings after income taxes

    $

    185

     

    $

    (12

    )

    $

    197

     

    Adjusted operating earnings per share

     

    1.77

     

     

    (0.11

    )

     

    1.88

     

    Note: Totals may not sum due to rounding.

    (1) Amount by which Investment income from alternative investments and prepayments exceeds or is less than expectations, net of variable compensation. The long-term expectation for alternative investments is a 9% annual return, which for the three months ended Mar. 31, 2024, was approximately $46 million, pre-tax and before variable compensation. The prior long-term expectation for prepayment fees was a 10 basis point annual contribution to yield, which for the three months ended Mar. 31, 2024, was approximately $8 million, pre-tax and before variable compensation.

    (2) For adjusted operating earnings, we apply a 21% tax rate and adjust for the dividends received deduction, tax credits, non-deductible compensation, and other tax benefits and expenses that relate to adjusted operating earnings.

    Net Revenue, Adjusted Operating Margin, and Notable Items

    Twelve Months Ended Mar. 31, 2025

    (in millions USD)

    Amounts Including

    Notable Items

    Alternative investment income and prepayment fees above (below) expectations (1)

    Amounts Excluding

    Notable Items

     

    a

    b

    c = a - b

    Net revenue

     

     

     

    Wealth Solutions

    $

    2,119

     

    $

    (53

    )

    $

    2,173

     

    Health Solutions

     

    972

     

     

    (9

    )

     

    981

     

    Investment Management

     

    991

     

     

    (11

    )

     

    1,001

     

    Total net revenue

    $

    4,082

     

    $

    (73

    )

    $

    4,155

     

     

     

     

     

    Adjusted operating margin

     

     

     

    Wealth Solutions

     

    39.7

    %

     

    (1.5

    )%

     

    41.2

    %

    Health Solutions

     

    2.7

    %

     

    (0.9

    )%

     

    3.6

    %

    Investment Management

     

    28.1

    %

     

    (0.5

    )%

     

    28.6

    %

    Adjusted operating margin, excluding Corporate

     

    28.1

    %

     

    (1.2

    )%

     

    29.2

    %

    Note: Totals may not sum due to rounding.

    (1) Amount by which Investment income from alternative investments and prepayments exceeds or is less than our expectations, net of variable compensation. Long-term expectation for alternative investments is a 9% annual return, which for the twelve months ended Mar. 31, 2025, was approximately $192 million, pre-tax and before variable compensation. The expectation for prepayment fees was approximately $29 million for the twelve months ended Mar. 31, 2025, pre-tax and before variable compensation. This reflects the updated expectation for periods after 2024 of approximately $1 million to $2 million per quarter as disclosed in Feb. 2025 and the prior long-term expectation for periods through 2024 of approximately $8 million to $10 million per quarter with both expectations pre-tax and before variable compensation.

    Net Revenue, Adjusted Operating Margin, and Notable Items

    Twelve Months Ended Mar. 31, 2024

    (in millions USD)

    Amounts Including

    Notable Items

    Alternative investment income and prepayment fees above (below) expectations (1)

    Other (2)

    Amounts Excluding

    Notable Items

     

    a

    b

    c

    d = a - b - c

    Net revenue

     

     

     

     

    Wealth Solutions

    $

    1,922

     

    $

    (91

    )

    $

    —

     

    $

    2,013

     

    Health Solutions

     

    1,172

     

     

    (8

    )

     

    (16

    )

     

    1,196

     

    Investment Management

     

    921

     

     

    (5

    )

     

    —

     

     

    927

     

    Total net revenue

    $

    4,015

     

    $

    (104

    )

    $

    (16

    )

    $

    4,136

     

     

     

     

     

     

    Adjusted operating margin

     

     

     

     

    Wealth Solutions

     

    35.7

    %

     

    (2.9

    )%

     

    —

    %

     

    38.6

    %

    Health Solutions

     

    23.9

    %

     

    (0.5

    )%

     

    (1.0

    )%

     

    25.4

    %

    Investment Management

     

    25.7

    %

     

    (0.4

    )%

     

    —

     

     

    26.1

    %

    Adjusted operating margin, excluding Corporate

     

    29.9

    %

     

    (1.8

    )%

     

    (0.3

    )%

     

    32.0

    %

    Note: Totals may not sum due to rounding.

    (1) Amount by which Investment income from alternative investments and prepayments exceeds or is less than our expectations, net of variable compensation. The long-term expectation for alternative investments is a 9% annual return, which for the twelve months ended Mar. 31, 2024, was approximately $192 million, pre-tax and before variable compensation. The prior long-term expectation for prepayment fees was a 10 basis point annual contribution to yield, which for the twelve months ended Mar. 31, 2024, was approximately $37 million, pre-tax and before variable compensation.

    (2) Includes changes in certain legal and other reserves not expected to recur at the same level.

     

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250506966809/en/

    Media Contact:

    Donna Sullivan

    [email protected]

    Investor Contact:

    Mei Ni Chu

    [email protected]

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    Recent Analyst Ratings for
    $VOYA

    DatePrice TargetRatingAnalyst
    3/28/2025$79.00 → $71.00Neutral → Underperform
    BofA Securities
    2/28/2025$76.00 → $87.00Equal-Weight → Overweight
    Morgan Stanley
    2/6/2025$75.00 → $75.00Overweight → Equal Weight
    Barclays
    1/14/2025$87.00 → $76.00Overweight → Equal Weight
    Wells Fargo
    12/11/2024$91.00 → $83.00Buy → Neutral
    BofA Securities
    10/3/2024$87.00Overweight → Neutral
    JP Morgan
    9/13/2024Strong Buy → Mkt Perform
    Raymond James
    9/5/2024$84.00Overweight
    Barclays
    More analyst ratings

    $VOYA
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • SEC Form 3 filed by new insider Longerstaey Jacques M

      3 - Voya Financial, Inc. (0001535929) (Issuer)

      5/8/25 4:58:27 PM ET
      $VOYA
      Life Insurance
      Finance
    • Officer Oh Tony D sold $122,316 worth of shares (1,671 units at $73.20), closing all direct ownership in the company (SEC Form 4)

      4 - Voya Financial, Inc. (0001535929) (Issuer)

      2/24/25 4:12:54 PM ET
      $VOYA
      Life Insurance
      Finance
    • Officer Ogle Trevor sold $435,073 worth of shares (5,882 units at $73.97), decreasing direct ownership by 43% to 7,809 units (SEC Form 4)

      4 - Voya Financial, Inc. (0001535929) (Issuer)

      2/24/25 4:10:57 PM ET
      $VOYA
      Life Insurance
      Finance

    $VOYA
    SEC Filings

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    • SEC Form 10-Q filed by Voya Financial Inc.

      10-Q - Voya Financial, Inc. (0001535929) (Filer)

      5/8/25 4:18:25 PM ET
      $VOYA
      Life Insurance
      Finance
    • Voya Financial Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - Voya Financial, Inc. (0001535929) (Filer)

      5/6/25 4:24:26 PM ET
      $VOYA
      Life Insurance
      Finance
    • Voya Financial Inc. filed SEC Form 8-K: Regulation FD Disclosure

      8-K - Voya Financial, Inc. (0001535929) (Filer)

      4/23/25 4:15:45 PM ET
      $VOYA
      Life Insurance
      Finance

    $VOYA
    Press Releases

    Fastest customizable press release news feed in the world

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    • Voya Investment Management to host a webcast for the Voya Global Advantage and Premium Opportunity Fund, Voya Global Equity Dividend and Premium Opportunity Fund, and Voya Infrastructure, Industrials and Materials Fund

      Voya Investment Management, the asset management business of Voya Financial, Inc., will host a webcast for the Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD), and Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) on Monday, May 19, 2025, from 4:00 p.m. – 4:30 p.m. ET. The webinar will feature Portfolio Managers Justin Montminy and Susanna Jacob. Montminy is a Portfolio Manager on the global quantitative equity team helping oversee the equity strategies in Voya closed-end funds. Jacob is Head of Strategy Research within the Multi-asset strategies and solutions team and helps oversee the derivati

      5/8/25 4:30:00 PM ET
      $IDE
      $IGA
      $IGD
      $VOYA
      Finance/Investors Services
      Finance
      Investment Managers
      Trusts Except Educational Religious and Charitable
    • Voya Financial announces first-quarter 2025 results

      Voya Financial, Inc. (NYSE:VOYA) announced today its first-quarter 2025 financial results: First-quarter 2025 net income available to common shareholders of $139 million, or $1.42 per diluted share, and after-tax adjusted operating earnings1 of $195 million, or $2.00 per diluted share. Results are driven by positive prior year Stop Loss reserve developments, the successful acquisition of OneAmerica Financial's full-service retirement plan business, disciplined spend, and strong commercial momentum. The balance sheet is prudently positioned, and excess capital generation continues to be strong. In the quarter we: returned $43 million to shareholders through common dividends. deploy

      5/6/25 4:23:00 PM ET
      $VOYA
      Life Insurance
      Finance
    • Voya Financial declares common and preferred stock dividends

      Voya Financial, Inc. (NYSE:VOYA) announced today that its board of directors has declared a common stock dividend of $0.45 per share for the second quarter of 2025. The common stock dividend is payable on June 26, 2025, to shareholders of record as of May 27, 2025. Voya's board also declared a quarterly dividend of $13.3750 per share on the company's Series B 5.35% fixed-rate reset non-cumulative preferred stock (the "Series B Preferred Stock"), equivalent to $0.334375 per depositary share, each of which represents a 1/40th ownership interest in a share of Series B Preferred Stock. The second quarter preferred stock dividends are payable on June 16, 2025, to shareholders of record as of Ma

      4/29/25 4:30:00 PM ET
      $VOYA
      Life Insurance
      Finance

    $VOYA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • Amendment: SEC Form SC 13G/A filed by Voya Financial Inc.

      SC 13G/A - Voya Financial, Inc. (0001535929) (Subject)

      11/12/24 5:52:04 PM ET
      $VOYA
      Life Insurance
      Finance
    • Amendment: SEC Form SC 13G/A filed by Voya Financial Inc.

      SC 13G/A - Voya Financial, Inc. (0001535929) (Subject)

      11/4/24 2:13:54 PM ET
      $VOYA
      Life Insurance
      Finance
    • SEC Form SC 13G/A filed by Voya Financial Inc. (Amendment)

      SC 13G/A - Voya Financial, Inc. (0001535929) (Subject)

      5/10/24 12:11:53 PM ET
      $VOYA
      Life Insurance
      Finance

    $VOYA
    Leadership Updates

    Live Leadership Updates

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    • Jay Kaduson to join Voya Financial as CEO of Workplace Solutions

      Voya Financial, Inc. (NYSE:VOYA) announced today that Jay Kaduson, an experienced financial services executive, will join the company on Jan. 16, 2025, as chief executive officer (CEO) of Workplace Solutions. Kaduson will oversee all aspects of the Health Solutions and Wealth Solutions businesses, including the execution of the company's workplace strategy. He will report to Heather Lavallee, chief executive officer of Voya Financial, and will join the company's Executive Committee. "We are delighted to welcome Jay to Voya," said Lavallee. "He has deep industry operating experience and a track record of achieving profitable growth and fostering strategic partnerships. With his ability to

      1/8/25 4:15:00 PM ET
      $VOYA
      Life Insurance
      Finance
    • Nearly three years following SECURE Act, Voya remains a leader in pooled plan space

      As the market continues to adapt to new solutions, Voya's growth continues to surge as the firm approaches nearly $90 billion in assets across Multiple Employer Solutions Voya Financial, Inc. (NYSE:VOYA), a leading health, wealth and investment company, announced today that the company has recently reached the thresholds of serving more than 17,000 employers and 1.8 million participants with nearly $90 billion in assets across a variety of multiple employer solutions.1 Voya's significant growth in the multiple employer solution space, including Multiple Employer Plans (MEPs) and Pooled Employer Plans (PEPs), has been driven by Voya's scale and reach across the retirement plan industry and

      10/12/23 9:00:00 AM ET
      $VOYA
      Life Insurance
      Finance
    • AIG Appoints Patricia J. Walsh as Executive Vice President and General Counsel

      American International Group, Inc. (NYSE:AIG) today announced that Patricia (Trish) Walsh will join AIG as Executive Vice President and General Counsel, effective December 1, 2023. Ms. Walsh will report to Peter Zaffino, AIG Chairman & Chief Executive Officer, and serve on AIG's Executive Leadership Team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230928917765/en/Patricia J. Walsh (Photo: Business Wire) As General Counsel, Ms. Walsh will be responsible for AIG's legal, compliance, and regulatory functions, in addition to leading government affairs for the company. Rose Marie Glazer will remain Interim General Counsel until M

      9/28/23 4:30:00 PM ET
      $AIG
      $CRBG
      $VOYA
      Life Insurance
      Finance

    $VOYA
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

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    • O'Neill Francis G. bought $10,588 worth of shares (142 units at $74.57), increasing direct ownership by 3% to 5,106 units (SEC Form 4)

      4 - Voya Financial, Inc. (0001535929) (Issuer)

      10/1/24 4:08:39 PM ET
      $VOYA
      Life Insurance
      Finance

    $VOYA
    Financials

    Live finance-specific insights

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    • Voya Investment Management to host a webcast for the Voya Global Advantage and Premium Opportunity Fund, Voya Global Equity Dividend and Premium Opportunity Fund, and Voya Infrastructure, Industrials and Materials Fund

      Voya Investment Management, the asset management business of Voya Financial, Inc., will host a webcast for the Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD), and Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) on Monday, May 19, 2025, from 4:00 p.m. – 4:30 p.m. ET. The webinar will feature Portfolio Managers Justin Montminy and Susanna Jacob. Montminy is a Portfolio Manager on the global quantitative equity team helping oversee the equity strategies in Voya closed-end funds. Jacob is Head of Strategy Research within the Multi-asset strategies and solutions team and helps oversee the derivati

      5/8/25 4:30:00 PM ET
      $IDE
      $IGA
      $IGD
      $VOYA
      Finance/Investors Services
      Finance
      Investment Managers
      Trusts Except Educational Religious and Charitable
    • Voya Financial announces first-quarter 2025 results

      Voya Financial, Inc. (NYSE:VOYA) announced today its first-quarter 2025 financial results: First-quarter 2025 net income available to common shareholders of $139 million, or $1.42 per diluted share, and after-tax adjusted operating earnings1 of $195 million, or $2.00 per diluted share. Results are driven by positive prior year Stop Loss reserve developments, the successful acquisition of OneAmerica Financial's full-service retirement plan business, disciplined spend, and strong commercial momentum. The balance sheet is prudently positioned, and excess capital generation continues to be strong. In the quarter we: returned $43 million to shareholders through common dividends. deploy

      5/6/25 4:23:00 PM ET
      $VOYA
      Life Insurance
      Finance
    • Voya Financial declares common and preferred stock dividends

      Voya Financial, Inc. (NYSE:VOYA) announced today that its board of directors has declared a common stock dividend of $0.45 per share for the second quarter of 2025. The common stock dividend is payable on June 26, 2025, to shareholders of record as of May 27, 2025. Voya's board also declared a quarterly dividend of $13.3750 per share on the company's Series B 5.35% fixed-rate reset non-cumulative preferred stock (the "Series B Preferred Stock"), equivalent to $0.334375 per depositary share, each of which represents a 1/40th ownership interest in a share of Series B Preferred Stock. The second quarter preferred stock dividends are payable on June 16, 2025, to shareholders of record as of Ma

      4/29/25 4:30:00 PM ET
      $VOYA
      Life Insurance
      Finance

    $VOYA
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Voya Financial downgraded by BofA Securities with a new price target

      BofA Securities downgraded Voya Financial from Neutral to Underperform and set a new price target of $71.00 from $79.00 previously

      3/28/25 8:16:58 AM ET
      $VOYA
      Life Insurance
      Finance
    • Voya Financial upgraded by Morgan Stanley with a new price target

      Morgan Stanley upgraded Voya Financial from Equal-Weight to Overweight and set a new price target of $87.00 from $76.00 previously

      2/28/25 7:36:45 AM ET
      $VOYA
      Life Insurance
      Finance
    • Voya Financial downgraded by Barclays

      Barclays downgraded Voya Financial from Overweight to Equal Weight and set a new price target of $75.00 from $75.00 previously

      2/6/25 7:13:53 AM ET
      $VOYA
      Life Insurance
      Finance