---
schema_version: "secwatch.filing_event.v1"
accession: "0001137774-24-000064"
form_type: "8-K"
ticker: "PRU"
cik: "0001137774"
company_name: "PRUDENTIAL FINANCIAL INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:03:52.861202+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Prudential Q1 net income falls to $1.14B but adjusted operating income rises to $1.14B

## Summary
- Net income $1.138B ($3.12/sh) vs $1.462B ($3.93/sh) year ago; adjusted operating income $1.141B ($3.12/sh) vs $1.004B ($2.70/sh).
- Book value per share $75.00 vs $85.33; adjusted book value per share $97.03 vs $97.29.
- PGIM assets under management $1.341T, up 6% YoY; third-party net inflows $26.6B including a large fixed-income mandate.
- Retirement Strategies record account values $265B; institutional sales included two pension risk transfer transactions totaling ~$9B.
- Capital returned to shareholders $726M ($250M buybacks + $476M dividends); quarterly dividend $1.30/sh.

## SEC filing metadata
- accession: 0001137774-24-000064
- form_type: 8-K
- ticker: PRU
- cik: 0001137774
- company_name: PRUDENTIAL FINANCIAL INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1137774/000113777424000064/0001137774-24-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1137774/000113777424000064/pru-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001137774-24-000064
- JSON: https://secwatch.observer/filing/0001137774-24-000064.json
- Plain text: https://secwatch.observer/filing/0001137774-24-000064.txt

## Key facts
- Earnings Releases
  PRUDENTIAL FINANCIAL INC reported first quarter 2024 results: net income $1.138 billion, EPS $3.12 per Common share.
  - Period: first quarter 2024
  - Net income: $1.138 billion
  - EPS: $3.12 per Common share
  - Result: reported results
  source text: Prudential Financial, Inc. (the "Company") furnishes herewith, as Exhibit 99.1, a news release announcing first quarter 2024 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1137774/000113777424000064/0001137774-24-000064-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.