earnings
confidence high
sentiment neutral
materiality 0.70
Voya Q2 net income falls to $90M from $162M; adjusted EPS $1.51 vs $2.46; core fee revenues up 10%
Voya Financial, Inc.
- Net income $90M ($0.97 diluted EPS) vs $162M ($1.66) in Q2 2025; after-tax adjusted operating earnings $140M ($1.51) vs $240M ($2.46).
- Results include $40M pre-tax severance for efficiency actions expected to pay back in two quarters; $15M pre-tax loss from alternative investments.
- Retirement pre-tax adjusted operating earnings $190M (down from $235M) but fee-based revenues up 10% YoY; Investment Management earnings $57M (up 12%).
- Surpassed 10 million participant accounts; completed OneAmerica integration; capital returns ~$200M via dividends and buybacks.
- CEO cites strong underlying trends and robust outlook for H2 2026.