•
Sep 30, 2020

Voya Q3 2020 Earnings Report

Announced third-quarter 2020 results, demonstrating strong earnings and organic growth across businesses

Key Takeaways

Voya Financial reported a net loss of $(2.64) per diluted share for the third quarter of 2020. Adjusted operating earnings were $0.30 per diluted share, or $1.19 per diluted share when normalized. The company had $642 million in excess capital as of Sept. 30, 2020.

Net loss available to common shareholders was $(2.64) per diluted share.

Adjusted operating earnings were $0.30 per diluted share.

Normalized adjusted operating earnings were $1.19 per diluted share.

Excess capital was $642 million as of Sept. 30, 2020.

Total Revenue
$173M
Previous year: $167M
+3.6%
EPS
$1.19
Previous year: $1.36
-12.5%
Total AUM
$657B
Gross Profit
$1.93B
Previous year: $2.19B
-12.0%
Cash and Equivalents
$642M
Previous year: $1.16B
-44.4%
Total Assets
$657B
Previous year: $168B
+292.0%

Voya

Voya

Voya Revenue by Segment

Forward Guidance

Regulatory review of previously announced sale of Voya's Individual Life and other legacy non-retirement annuities businesses expected to be completed during the fourth quarter of 2020; transaction expected to provide $1.5 billion in deployable capital.

Revenue & Expenses

Visualization of income flow from segment revenue to net income