Voya Q1 2024 Earnings Report

Voya Financial reported strong Q1 2024 results driven by fee-based revenue growth, expense management, and capital return to shareholders.

Key Takeaways

Voya Financial announced first-quarter 2024 financial results, with net income available to common shareholders of $234 million, or $2.24 per diluted share, and after-tax adjusted operating earnings of $185 million, or $1.77 per diluted share. The company generated and returned approximately $0.2 billion of capital in the quarter, including $172 million in share repurchases and $41 million in common stock dividends.

Net income available to common shareholders was $234 million, or $2.24 per diluted share.

After-tax adjusted operating earnings were $185 million, or $1.77 per diluted share.

Generated and returned approximately $0.2 billion of capital, including $172 million in share repurchases.

Board of directors authorizes repurchase of an additional $500 million of common stock.

Total Revenue

$2.05B

Previous year: $1.84B