Earnings summaries and quarterly performance for PRUDENTIAL FINANCIAL.
Executive leadership at PRUDENTIAL FINANCIAL.
Andrew Sullivan
Chief Executive Officer and President
Caroline Feeney
Executive Vice President, Head of Global Retirement and Insurance
Charles Lowrey
Executive Chairman
Jacques Chappuis
President and CEO, PGIM
Scott Case
Executive Vice President, Head of Global Technology and Operations
Vicki Walia
Chief People Officer
Yanela Frias
Executive Vice President and Chief Financial Officer
Board of directors at PRUDENTIAL FINANCIAL.
Research analysts who have asked questions during PRUDENTIAL FINANCIAL earnings calls.
John Barnidge
Piper Sandler
4 questions for PRU
Ryan Krueger
KBW
4 questions for PRU
Suneet Kamath
Jefferies
4 questions for PRU
Thomas Gallagher
Evercore
4 questions for PRU
Wesley Carmichael
Autonomous Research
4 questions for PRU
Elyse Greenspan
Wells Fargo
3 questions for PRU
Francis Matten
BMO Capital Markets
2 questions for PRU
Jamminder Bhullar
JPMorgan Chase & Co.
2 questions for PRU
Michael Ward
Citi Research
2 questions for PRU
Alex Scott
Barclays PLC
1 question for PRU
Jian Huang
Morgan Stanley
1 question for PRU
Joel Hurwitz
Dowling & Partners Securities, LLC
1 question for PRU
Mike Ward
UBS
1 question for PRU
Nick Anita
Wells Fargo
1 question for PRU
Taylor Scott
BofA Securities
1 question for PRU
Wilma Burdis
Raymond James Financial
1 question for PRU
Wilma Jackson Burdis
Raymond James
1 question for PRU
Recent press releases and 8-K filings for PRU.
- Prudential Advisors has added experienced financial advisors managing nearly $3 billion in client assets, boosting advisor headcount by nearly 9% to over 3,000 through October 31, 2025.
- The firm entered a strategic partnership with LPL Financial to expand investment and wealth management options by combining Prudential’s brand and support with LPL’s technology and infrastructure.
- With strong year-to-date growth and a flexible affiliation model for advisors, Prudential Advisors expects to sustain its positive trajectory into year-end and beyond.
- $1.52 billion adjusted operating income and $4.26 EPS in Q3 2025, marking a 16.39% beat versus the $3.66 consensus
- Asia-driven growth led by Hong Kong and mainland China, with PGIM’s AUM at $1.61 trillion and Q3 operating income of $244 million
- Shares, down 15% year-to-date, jumped 2.8% in after-hours trading post-earnings
- Reinforcing agency forces and focusing on health and protection products, alongside plans for an IPO of ICICI Prudential Asset Management in India
- Prudential Financial reported net income attributable to the company of $1.431 billion ($4.01 per share) for Q3 2025, up from $448 million ($1.24 per share) in Q3 2024.
- After-tax adjusted operating income rose to $1.521 billion ($4.26 per share) versus $1.208 billion ($3.33 per share) in the year-ago quarter.
- Book value per share increased to $90.69 (adjusted book value $99.25) compared with $84.47 (adjusted $98.71) a year earlier.
- Assets under management climbed to $1.612 trillion, up from $1.558 trillion in Q3 2024.
- Returned $731 million to shareholders—$481 million in dividends and $250 million in share repurchases—with a dividend yield on adjusted book value exceeding 5%.
- Reported net income of $1.431 billion, or $4.01 per share, versus $448 million ($1.24 per share) in Q3 2024
- Achieved after-tax adjusted operating income of $1.521 billion ($4.26 per share), up from $1.208 billion ($3.33 per share) a year ago
- Ended the quarter with $1.612 trillion assets under management, up from $1.558 trillion, and book value per share of $90.69 (adjusted book value per share of $99.25)
- Returned $731 million to shareholders (including $250 million in buybacks and $481 million in dividends of $1.35 per share, yielding over 5% on adjusted book value)
- Prudential Financial has divested its ~13.07% minority stake in Peak Re following definitive agreements with KKR and Quadrantis Capital.
- Funds managed by KKR and Quadrantis Capital will acquire approximately 11.27% and 1.80% stakes respectively in Peak Re, with Fosun International retaining ~86.71%.
- The investments are expected to close in Q4 2025, subject to regulatory approvals.
- As of September 30, 2025, PGIM’s assets under management totaled $1.47 trillion.
- For the quarter ended September 30, 2025, PGIM’s other related revenues (net of expenses) were approximately $65 million on an adjusted operating income basis.
- The General Account’s alternative investment income was estimated to be $70 million to $90 million above near-term expectations in Q3 2025.
- All figures are preliminary, unaudited and subject to change upon completion of financial closing procedures.
- PGIM segment reported $1.44 trillion in assets under management as of June 30, 2025 and $50 million of other related revenues (net of expenses) for Q2 2025 on an adjusted operating income basis.
- The General Account’s alternative investment income for Q2 2025 is estimated to be $55–$75 million below near-term expectations.
- Following its annual review, Prudential updated actuarial assumptions, resulting in expected one-time adjusted operating income impacts of –$80 million for Individual Retirement Strategies, –$30 million for Institutional Retirement Strategies, and + $60 million for Individual Life.
- These updates also carry ongoing quarterly impacts, notably –$20 million for Individual Retirement Strategies.
- CEO Andrew Sullivan outlined a strategy to drive profitable growth through reducing exposure to volatile legacy products, enhancing a diversified business mix, and optimizing the balance sheet and capital deployment.
- The call highlighted strong global sales in retirement and insurance segments, robust PGIM investment performance, and ongoing efforts to phase out traditional variable annuities amid near-term headwinds in both U.S. and Japanese markets.
- Management reaffirmed its midterm core EPS guidance of 5%-8% annual growth, noting that current challenges such as product runoff and currency impacts are expected to ease over time.
- Earnings highlights: Q1 2025 net income was $707M ($1.96 per share) and after‐tax adjusted operating income reached $1.188B ($3.29 per share), compared to higher figures in the prior year’s quarter.
- Balance sheet and AUM: Book value per share increased to $83.59, with parent company liquid assets of $4.9B and assets under management totaling $1.522T.
- Capital return: The company returned $736M to shareholders through share repurchases and dividends (yielding $1.35 per share at 5.6%).
- Preliminary financial results for Q1 2025 were disclosed, including PGIM segment assets under management of $1.39 trillion and other related revenues of approximately $20 million.
- The document details the resegmentation of the International Businesses segment, consolidating operations previously reported separately.
- An update to internal expense allocations effective January 1, 2025, is noted, with a significant impact on segment results, including an expected FY 2025 loss of $1.7 billion for Corporate & Other operations.
Quarterly earnings call transcripts for PRUDENTIAL FINANCIAL.
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