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Mar 31, 2022

Voya Q1 2022 Earnings Report

Voya's first quarter results reflected organic growth across all businesses and significant capital deployment.

Key Takeaways

Voya Financial reported a net income of $0.24 per diluted share and after-tax adjusted operating earnings of $1.47 per diluted share for Q1 2022. The company saw organic growth across all businesses and deployed approximately $713 million in excess capital during the quarter.

Net income available to common shareholders was $0.24 per diluted share, including certain investment losses.

After-tax adjusted operating earnings were $1.47 per diluted share.

Results reflected organic growth across all businesses.

Approximately $713 million in excess capital was deployed, including share repurchases, debt redemption, and common stock dividends.

Total Revenue
$1.51B
Previous year: $189M
+701.1%
EPS
$1.47
Previous year: $1.03
+42.7%
Total AUM
$253B
Previous year: $729B
-65.3%
Gross Profit
$1.51B
Previous year: -$1.96B
-177.4%
Cash and Equivalents
$1.01B
Previous year: $1.6B
-36.8%
Total Assets
$162B
Previous year: $163B
-0.6%

Voya

Voya

Voya Revenue by Segment

Forward Guidance

Voya's board of directors authorized the repurchase of an additional $500 million of common stock.