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Dec 31, 2020
Voya Q4 2020 Earnings Report
Announced fourth-quarter and full-year 2020 results.
Key Takeaways
Voya Financial reported strong bottom-line growth in Q4 2020, with a 21% year-over-year increase in normalized adjusted operating earnings per share. The company also completed the sale of its Individual Life and other legacy non-retirement annuities businesses and announced the sale of its independent financial planning channel.
Fourth-quarter 2020 net income available to common shareholders of $2.57 per diluted share.
Fourth-quarter 2020 adjusted operating earnings of $1.90 per diluted share.
Excess capital of approximately $1.8 billion, including deployable capital resulting from the company’s sale of its Individual Life business on Jan. 4, 2021.
Board of directors authorizes repurchase of an additional $1 billion of Voya common stock.
Revenue by Segment
Forward Guidance
Voya recognizes the challenges that the COVID-19 pandemic will continue to pose to the U.S. and the broader economy. Voya is optimistic about its ability to build upon its track record, and to continue to welcome new clients as it makes further investments in its workplace capabilities and expertise.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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