Earnings summaries and quarterly performance for Voya Financial.
Executive leadership at Voya Financial.
Heather Lavallee
Chief Executive Officer
Brannigan Thompson
Executive Vice President, Chief Human Resources Officer
Jay Kaduson
Chief Executive Officer, Workplace Solutions
Matthew Toms
Chief Executive Officer, Investment Management
Michael Katz
Executive Vice President and Chief Financial Officer
My Chi To
Executive Vice President, Chief Legal Officer
Rachel Tressy
Executive Vice President, Chief Auditor
Santhosh Keshavan
Executive Vice President and Global Head of Technology and Operations
Trevor Ogle
Executive Vice President, Chief Strategy, M&A and Corporate Transactions Officer
Board of directors at Voya Financial.
Aylwin Lewis
Director
Hikmet Ersek
Director
Joseph Tripodi
Director
Kathleen DeRose
Director
Lynne Biggar
Director
Robert Leary
Director
Ruth Ann Gillis
Non-Executive Chairperson of the Board
S. Biff Bowman
Director
William Mullaney
Director
Yvette Butler
Director
Jane Chwick
Director
Research analysts who have asked questions during Voya Financial earnings calls.
John Barnidge
Piper Sandler
6 questions for VOYA
Suneet Kamath
Jefferies
6 questions for VOYA
Joel Hurwitz
Dowling & Partners Securities, LLC
5 questions for VOYA
Alex Scott
Barclays PLC
4 questions for VOYA
Ryan Krueger
KBW
4 questions for VOYA
Thomas Gallagher
Evercore
4 questions for VOYA
Wesley Carmichael
Autonomous Research
4 questions for VOYA
Elyse Greenspan
Wells Fargo
3 questions for VOYA
Kenneth Lee
RBC Capital Markets
3 questions for VOYA
Wilma Burdis
Raymond James Financial
3 questions for VOYA
Jimmy Bhullar
JPMorgan Chase & Co.
2 questions for VOYA
Taylor Scott
BofA Securities
2 questions for VOYA
Wes Carmichael
Wells Fargo
2 questions for VOYA
Wilma Jackson Burdis
Raymond James
2 questions for VOYA
Bob Huang
Morgan Stanley
1 question for VOYA
Jamminder Bhullar
JPMorgan Chase & Co.
1 question for VOYA
Josh Shanker
Bank of America
1 question for VOYA
Joshua Shanker
Bank of America Merrill Lynch
1 question for VOYA
Michael Ward
Citi Research
1 question for VOYA
Mike Ward
UBS
1 question for VOYA
Tom Gallagher
Evercore ISI
1 question for VOYA
Recent press releases and 8-K filings for VOYA.
- 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.
- 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.
- 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.
- 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%.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Quarterly earnings call transcripts for Voya Financial.
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