Brief: Voya Financial Q2 Net Income USD 161 Million

Voya Financial

05/08/2025 21:15

Overview

Voya Financial net income for Q2 declines due to investment losses and severance expenses

Co exceeds $1 trillion in total assets across Retirement and Investment Management

Returned $44 million to shareholders through common dividends, during qtr

Outlook

Voya Financial focuses on improving Employee Benefits margins in H2 of 2025

Company aims to integrate OneAmerica successfully in H2 of 2025

Voya prioritizes driving strong organic growth

Result Drivers

RETIREMENT SEGMENT - Growth driven by acquired business from OneAmerica, positive capital markets, and higher alternative investment income

EMPLOYEE BENEFITS - Positive claim development in Stop Loss and favorable Group Life underwriting gains, offset by lower Voluntary underwriting gains

INVESTMENT MANAGEMENT - Fee-based revenue growth offset by lower investment capital results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$1.98 bln
Q2 EPS
$1.66
Q2 Net Income
$161 mln
Q2 Adjusted Operating Earnings
Meet
$240 mln
$240 mln (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the diversified investment services peer group is "buy."

Wall Street's median 12-month price target for Voya Financial Inc is $82.50, about 17.7% above its August 4 closing price of $67.86

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBw7nJpwYa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)