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Dec 31, 2022

Voya Q4 2022 Earnings Report

Voya's Q4 2022 results reflected growth in adjusted operating EPS, driven by net revenue growth, margin expansion and capital management initiatives.

Key Takeaways

Voya Financial reported a net income available to common shareholders of $1.77 per diluted share for Q4 2022. The after-tax adjusted operating earnings were $2.18 per diluted share. The company saw growth in Wealth Solutions full service recurring deposits and Health Solutions annualized in-force premiums.

Fourth-quarter net income available to common shareholders was $1.77 per diluted share.

Fourth-quarter after-tax adjusted operating earnings were $2.18 per diluted share.

Full-year after-tax adjusted operating earnings of $7.58 per diluted share.

Voya expects to resume share repurchases in the second quarter of 2023.

Total Revenue
$1.55B
Previous year: $1.68B
-7.4%
EPS
$2.18
Previous year: $1.9
+14.7%
Total AUM
$321B
Gross Profit
$1.59B
Previous year: $1.68B
-5.0%
Cash and Equivalents
$1.01B
Previous year: $1.5B
-32.9%
Total Assets
$147B
Previous year: $171B
-14.4%

Voya

Voya

Voya Revenue by Segment

Forward Guidance

Voya expects to continue to execute on the net revenue growth, margin expansion and capital deployment plans and expects to resume share repurchases in the second quarter of 2023.