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Jun 30, 2024

Prudential Q2 2024 Earnings Report

Prudential Financial reported second quarter results with net income attributable to Prudential Financial, Inc. of $1.198 billion and after-tax adjusted operating income of $1.234 billion.

Key Takeaways

Prudential Financial, Inc. reported a net income attributable to Prudential Financial, Inc. of $1.198 billion, or $3.28 per Common share, for the second quarter of 2024, compared to $511 million, or $1.38 per Common share, for the second quarter of 2023. After-tax adjusted operating income was $1.234 billion, or $3.39 per Common share, for the second quarter of 2024, compared to $1.142 billion, or $3.09 per Common share, for the second quarter of 2023.

Net income attributable to Prudential Financial, Inc. was $1.198 billion, or $3.28 per Common share.

After-tax adjusted operating income was $1.234 billion, or $3.39 per Common share.

Assets under management were $1.482 trillion.

Capital returned to shareholders was $725 million.

Total Revenue
$13.7B
Previous year: $12.6B
+8.1%
EPS
$3.39
Previous year: $2.94
+15.3%
Gross Profit
$0
0
Cash and Equivalents
$17.1B
Previous year: $14.7B
+16.8%
Total Assets
$715B
Previous year: $697B
+2.6%

Prudential

Prudential

Prudential Revenue by Segment

Forward Guidance

The company is focused on growing market leading businesses and becoming more capital efficient to deliver long-term value.