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Voya Financial (VOYA)

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Earnings summaries and quarterly performance for Voya Financial.

Research analysts who have asked questions during Voya Financial earnings calls.

JB

John Barnidge

Piper Sandler

6 questions for VOYA

Also covers: AFL, AIZ, AMP +15 more
Suneet Kamath

Suneet Kamath

Jefferies

6 questions for VOYA

Also covers: AFL, AMP, BHF +12 more
Joel Hurwitz

Joel Hurwitz

Dowling & Partners Securities, LLC

5 questions for VOYA

Also covers: AFL, CNO, CRBG +9 more
Alex Scott

Alex Scott

Barclays PLC

4 questions for VOYA

Also covers: ACGL, AFL, AIG +29 more
Ryan Krueger

Ryan Krueger

KBW

4 questions for VOYA

Also covers: AFL, AMP, ASGN +14 more
TG

Thomas Gallagher

Evercore

4 questions for VOYA

Also covers: AFL, AMP, BHF +13 more
WC

Wesley Carmichael

Autonomous Research

4 questions for VOYA

Also covers: ACGL, AFL, BHF +16 more
EG

Elyse Greenspan

Wells Fargo

3 questions for VOYA

Also covers: ACGL, AFL, AHL +30 more
KL

Kenneth Lee

RBC Capital Markets

3 questions for VOYA

Also covers: AAMI, AMP, APAM +17 more
Wilma Burdis

Wilma Burdis

Raymond James Financial

3 questions for VOYA

Also covers: AFL, ALTI, AMP +16 more
JB

Jimmy Bhullar

JPMorgan Chase & Co.

2 questions for VOYA

Also covers: ACGL, AFL, ALL +12 more
TS

Taylor Scott

BofA Securities

2 questions for VOYA

Also covers: ACGL, AFL, AJG +12 more
WC

Wes Carmichael

Wells Fargo

2 questions for VOYA

Also covers: AFL, EQH
Wilma Jackson Burdis

Wilma Jackson Burdis

Raymond James

2 questions for VOYA

Also covers: AFL, ALTI, AMP +12 more
BH

Bob Huang

Morgan Stanley

1 question for VOYA

Also covers: ALL, AON, CB +4 more
JB

Jamminder Bhullar

JPMorgan Chase & Co.

1 question for VOYA

Also covers: ACGL, AFL, ALL +13 more
Josh Shanker

Josh Shanker

Bank of America

1 question for VOYA

Also covers: ACGL, ALL, AXS +11 more
Joshua Shanker

Joshua Shanker

Bank of America Merrill Lynch

1 question for VOYA

Also covers: ACGL, AFL, ALL +13 more
Michael Ward

Michael Ward

Citi Research

1 question for VOYA

Also covers: AFL, AN, CPS +13 more
MW

Mike Ward

UBS

1 question for VOYA

Also covers: GM, PAG, PRU +2 more
TG

Tom Gallagher

Evercore ISI

1 question for VOYA

Also covers: AMP, EQH, MET +2 more

Recent press releases and 8-K filings for VOYA.

Voya Reports Strong 2025 Financial and Commercial Results
VOYA
Earnings
Revenue Acceleration/Inflection
Share Buyback
  • Voya delivered over $1 billion in pre-tax adjusted operating earnings for the full year 2025 and generated $775 million of excess cash, significantly growing earnings across all segments.
  • Earnings per share increased 22% to $8.85 for the full year 2025, with Q4 2025 EPS up 39% to $1.94.
  • The company achieved record commercial results in Retirement and Investment Management, with Defined Contribution net flows surpassing $28 billion and Investment Management delivering $1 billion in annual net revenue and 4.8% organic growth in 2025.
  • Employee Benefits saw significant margin improvement, with adjusted operating earnings reaching $152 million in 2025, a substantial increase from $40 million in the prior year, supported by a 24% rate increase for the January 2026 Stop Loss business.
  • Voya anticipates further excess capital improvement in 2026 and views share repurchases as a key element of its value proposition.
2 days ago
Voya Financial Reports Strong Q4 and Full-Year 2025 Results
VOYA
Earnings
Share Buyback
Guidance Update
  • Voya Financial reported over $1 billion in pre-tax adjusted operating earnings and generated $775 million of excess cash in 2025, surpassing targets.
  • The company's FY 2025 EPS increased 22% to $8.85, with Q4 2025 EPS up 39% to $1.94.
  • The Retirement segment delivered nearly $1 billion in adjusted operating earnings and $28 billion in record Defined Contribution net flows in 2025, while Investment Management achieved record $1 billion in annual net revenue and 4.8% organic growth.
  • Employee Benefits adjusted operating earnings significantly improved to $152 million in 2025 from $40 million in the prior year, with Stop Loss actions including a 24% rate increase for the January 2026 business.
  • Voya plans to repurchase $150 million of shares in Q1 2026 and anticipates a similar amount in Q2 2026, expressing confidence in continued excess cash generation and margin expansion for 2026.
2 days ago
Voya Financial Reports Strong Q4 and Full-Year 2025 Results
VOYA
Earnings
Guidance Update
Share Buyback
  • Voya Financial reported strong financial results for 2025, with pre-tax adjusted operating earnings exceeding $1 billion and earnings per share increasing 22% to $8.85.
  • The company generated $775 million of excess cash in 2025, surpassing its target, and plans to repurchase $150 million of shares in both Q1 and Q2 2026.
  • Both Retirement and Investment Management segments achieved record commercial results in 2025; Retirement generated nearly $1 billion in adjusted operating earnings with $28 billion in Defined Contribution net flows, and Investment Management delivered $1 billion in annual net revenue with 4.8% organic growth.
  • Employee Benefits significantly improved adjusted operating earnings to $152 million in 2025 from $40 million in the prior year, driven by a 10 percentage point improvement in Stop Loss loss ratios to 84% and a 24% average net effective rate increase for the January 2026 business.
2 days ago
Voya Financial Reports Strong FY 2025 Earnings and Robust Cash Generation
VOYA
Earnings
Revenue Acceleration/Inflection
M&A
  • Voya Financial reported strong financial results for FY 2025, with Adjusted Operating Earnings of $1,038 million and Adjusted Operating EPS of $8.85.
  • The company generated robust excess cash of $775 million in FY 2025, exceeding its target, and achieved record commercial results in Retirement and Investment Management, driving combined assets above $1 trillion.
  • Employee Benefits margins significantly improved in FY 2025, primarily due to Stop Loss improvements, and the company maintains a strong balance sheet with an RBC Ratio of 413%.
2 days ago
Voya Financial Announces Fourth-Quarter and Full-Year 2025 Results
VOYA
Earnings
Share Buyback
M&A
  • Voya Financial reported full-year 2025 net income available to common shareholders of $613 million, or $6.29 per diluted share, and after-tax adjusted operating earnings of $861 million, or $8.85 per diluted share.
  • The company generated approximately $775 million of excess capital for the full-year 2025, marking a 19% increase over the prior year, and its Retirement and Investment Management AUM collectively surpassed $1 trillion in assets.
  • Full-year 2025 saw more than 20% growth in adjusted operating EPS, driven by 17.1% growth in Retirement net revenues and 4.9% growth in Investment Management net revenues, with the latter exceeding $1 billion for the first time.
  • Voya Financial returned $200 million to common shareholders through share repurchases in full-year 2025, which contributed to a reduced share count and benefited earnings per share.
3 days ago
Voya Financial announces Q4 and full-year 2025 results
VOYA
Earnings
Share Buyback
Dividends
  • Voya Financial reported full-year 2025 net income available to common shareholders of $613 million ($6.29 per diluted share) and after-tax adjusted operating earnings of $861 million ($8.85 per diluted share).
  • For the fourth quarter of 2025, net income available to common shareholders was $136 million ($1.41 per diluted share) and after-tax adjusted operating earnings were $188 million ($1.94 per diluted share).
  • The company generated approximately $775 million of excess capital for the full-year 2025, a 19% increase over the prior year, and returned $200 million through share repurchases and $174 million through common stock dividends.
  • Voya's Retirement and Investment Management Assets Under Management (AUM) surpassed $1 trillion in 2025, contributing to over 20% growth in adjusted operating EPS for the full year.
3 days ago
Voya Financial, Inc. Discloses Preliminary Q4 2025 Investment Management AUM
VOYA
Earnings
  • Voya Financial, Inc. reported preliminary Assets Under Management (AUM) for its Investment Management (IM) segment of approximately $360 billion as of December 31, 2025.
  • The AUM was composed of $103 billion in equity assets, $153 billion in fixed income - public assets, $86 billion in fixed income - private assets, $15 billion in alternative assets, and $3 billion in money market assets.
  • Client assets included $172 billion from Institutional external clients, $151 billion from Retail external clients, and $37 billion from the Company's general account.
  • The fourth quarter of 2025 AUM figure reflects a client reclassification of approximately $11 billion from AUM to AUA.
Jan 23, 2026, 9:16 PM
Voya Financial Provides Capital Deployment and Alternative Investment Income Update
VOYA
Share Buyback
Guidance Update
  • Voya Financial plans to repurchase $100 million in shares during the fourth quarter of 2025.
  • The company intends to enter into a new share repurchase plan to repurchase $150 million in the first quarter of 2026.
  • Combined alternative investment income for the fourth quarter of 2025 is estimated to be in the range of $42 million to $57 million (pre-tax), representing an annualized return of 9% at the midpoint.
Dec 9, 2025, 11:30 AM
Voya Financial Reports Strong Q3 2025 Earnings and Strategic Progress
VOYA
Earnings
Guidance Update
Share Buyback
  • Voya Financial reported Q3 2025 Adjusted Operating EPS of $2.45 and Adjusted Operating Earnings of $239 million, with net income of $176 million.
  • All business segments contributed to higher earnings, with Retirement's adjusted operating earnings increasing over 20% year-over-year to $261 million, Investment Management up 13% to $62 million, and Employee Benefits reaching $47 million.
  • The company generated $0.2 billion in excess capital in Q3 2025, putting it on track to exceed its original guidance of $0.7 billion. YTD'25 capital allocation included 36% for share repurchases & dividends.
  • Strategic priorities are advancing, with OneAmerica exceeding planned contributions and Stop Loss driving meaningful margin improvement in Employee Benefits. Wealth Management capabilities are expanding, showing 20% year-over-year sales growth and ~$35 billion assets under advisement.
Nov 5, 2025, 3:00 PM
VOYA Reports Strong Q3 2025 Results and Outlines Strategic Investments
VOYA
Earnings
Share Buyback
New Projects/Investments
  • Voya reported strong Q3 2025 adjusted operating EPS of $2.45 per share, marking a nearly 30% year-over-year increase, driven by earnings growth across all business segments.
  • The company generated over $200 million in excess capital during the quarter and is on track to exceed its $700 million full-year free cash flow target.
  • Voya returned approximately $150 million of capital to shareholders in Q3 2025, including $100 million in share repurchases, and expects to repurchase another $100 million in Q4 2025.
  • Strategic investments in wealth management are planned for 2026, with up to $75 million of excess capital allocated to scale the business, which saw 20% year-over-year sales growth in 2025 and reached approximately $35 billion in client assets by Q3.
  • The Investment Management segment achieved over $13 billion in year-to-date net flows, representing organic growth of over 4%, surpassing its 2% long-term target.
Nov 5, 2025, 3:00 PM