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Jun 30, 2021
Voya Q2 2021 Earnings Report
Voya Financial reported strong second-quarter results, driven by strong investment income and solid performance across its businesses.
Key Takeaways
Voya Financial announced strong results for the second quarter of 2021, with record adjusted operating earnings per share. The company reported net income available to common shareholders of $3.53 per diluted share and adjusted operating earnings of $2.20 per diluted share. Voya repurchased $518 million of common stock during the quarter and is on track to repurchase at least $1 billion in common stock in 2021.
Adjusted operating earnings increased to a record $2.20 per diluted share, after tax, up significantly from $0.15 per diluted share in the second quarter of 2020.
Wealth Solutions full-service recurring deposits for the trailing twelve months (TTM) ended June 30, 2021 were up 6.7% compared with the prior-year period and full-service net inflows in the second quarter of 2021 were $238 million.
Investment Management had net inflows of $249 million, driven by Institutional inflows and continued funding of new mandates, particularly in fixed income strategies.
Health Solutions annualized in-force premiums were up 9.8% compared with the prior-year period due to growth across all product lines.
Revenue by Segment
Forward Guidance
Voya Financial is focused on serving the workplace and institutional clients and is positioned to meet the complex and increasing needs of our clients. Our unique digital capabilities, insights and focus on client needs will enable us to create greater value for all of our customers and position us to generate further earnings per share growth
Historical Earnings Impact
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Avg. Return Before/After Earnings
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