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Sep 30, 2021

Prudential Q3 2021 Earnings Report

Prudential reported solid financial results, driven by strong investment performance and high demand for new products.

Key Takeaways

Prudential Financial, Inc. reported a net income of $1.530 billion for Q3 2021, compared to $1.487 billion for the year-ago quarter. After-tax adjusted operating income was $1.487 billion, versus $1.238 billion for the year-ago quarter.

Net income attributable to Prudential Financial, Inc. was $1.530 billion or $3.90 per Common share versus net income of $1.487 billion or $3.70 per share for the year-ago quarter.

After-tax adjusted operating income was $1.487 billion or $3.78 per Common share versus $1.238 billion or $3.08 per share for the year-ago quarter.

Assets under management were $1.727 trillion versus $1.648 trillion for the year-ago quarter.

Capital returned to shareholders was $1.326 billion in the quarter, including $875 million of share repurchases and $451 million of dividends.

Total Revenue
$19.7B
Previous year: $13.3B
+47.4%
EPS
$3.78
Previous year: $3.21
+17.8%
Gross Profit
$0
0
Cash and Equivalents
$15.6B
Previous year: $20.7B
-24.5%
Total Assets
$933B
Previous year: $912B
+2.3%

Prudential

Prudential

Prudential Revenue by Segment

Forward Guidance

Prudential is committed to driving long-term sustainable growth and executing on its strategic priorities, including achieving net zero emissions across its primary global home office operations by 2050 and improving racial equity.