Voya Financial

Voya Financial, Inc. is a retirement, investment, and insurance company, which engages in the provision of financial services. It operates through the following segments: Retirement, Investment Management, and Employee Benefits. The Retirement segment offers tax-deferred, employer-sponsored retirement savings plans and administrative services. The Investment Management segment includes domestic and international fixed income, equity, multi-asset and alternative investment products and solutions. The Employee Benefits segment consists of stop loss, group life, voluntary employee-paid, and disability products to mid-sized and large businesses. The company was founded on April 7, 1999 and is headquartered in New York, NY.

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Voya Financial excels in Q4 2022, eyes strategic growth

Voya Financial's Q4 2022 earnings call showcased robust financial performance, strategic acquisitions, and a focus on disciplined capital management for sustainable growth.
Despite challenges in margin management and integration, Voya's strong leadership, shareholder returns, and growth objectives position the company well for the future.
Opportunities in strategic acquisitions, capital optimization, and growth execution underscore Voya's commitment to creating long-term value for stakeholders.

Voya Financial excels in Q1, eyes dividend increase and growth

Voya Financial's Q1 performance was robust, driven by acquisitions, asset growth, and expense management.
Strengths lie in a strong balance sheet, quality loan and real estate portfolios, and a reliable client base.
Challenges include EPS outlook impact, integration expenses, and managing spread income effectively.
Opportunities exist in increasing shareholder value, sustaining capital generation, and expanding operating margins.

Voya Financial reports robust Q2 earnings, eyes growth opportunities

Voya Financial's Q2 performance showcased strong results, with a focus on expense management, free cash flow generation, and strategic investments driving growth.
Despite challenges in the recordkeeping market and potential impacts from student loan payments resuming, Voya remains poised to capitalize on growth opportunities.
The company's strengths lie in its financial performance, strategic investments, and commitment to revenue growth, margin expansion, and prudent capital management.
Voya's balanced approach to capital deployment and focus on integrated guidance position it well for sustained growth and value creation.

Voya Financial reports robust Q3 performance and strategic growth plans

Voya Financial's Q3 2023 earnings call highlighted strong performance, diversified revenues, and strategic acquisitions driving growth across its Wealth and Health Solutions segments.
Despite challenges in Investment Management, the company remains resilient and aims for over 2% organic growth in 2024, supported by a robust unfunded pipeline.
With a focus on capital management, operational efficiency, and strategic growth initiatives, Voya Financial is well-positioned to achieve its growth targets and deliver value to shareholders.

Voya Financial reports robust earnings, eyes growth in Health and Wealth

Voya Financial's strong performance in 2023, driven by Health Solutions, reaffirms its growth targets and capital deployment plans for 2024.
Despite challenges in tax exempt flows and commercial real estate, the company's focus on customer experience and innovation presents growth opportunities.
With a robust pipeline in Investment Management and a strategic focus on Health and Wealth businesses, Voya is poised for continued success.
Maintaining strong commercial momentum and improving operating margins are key priorities for Voya Financial in the coming year.

Voya Financial reports robust Q1 earnings, eyes growth opportunities

Voya Financial's Q1 performance reflects strong financials, strategic execution, and expense discipline. The company is poised to achieve 2024 targets with a focus on growth investments and enhancing margins. Opportunities lie in addressing participant withdrawal trends and maintaining commercial strength.

Voya Financial reports solid Q2 earnings, addresses Health segment challenges

Voya Financial's Q2 2024 performance was driven by strong fee-based revenues in Wealth and Investment Management, despite challenges in the Health segment. The company is focused on growth in Workplace Solutions, managing loss ratios, and achieving financial targets. Opportunities exist in expanding business lines, optimizing investments, and refinancing debt for improved financial health.

Voya Financial reports solid Q3 results amidst Health Solutions challenges

Voya Financial's Q3 2024 performance reflects strength in Wealth Solutions and Investment Management, offset by challenges in Health Solutions.
The company is taking proactive measures to address underperformance, improve margins, and capitalize on growth opportunities in key business segments.
Analysts' inquiries centered on critical areas like Stop Loss outcomes, margin enhancement strategies, and the impact of the One America acquisition on Voya's future.

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Voya adds private equity investment option to its nonqualified deferred compensation offering

Voya Financial, Inc. (VOYO) Q3 2022 Results Conference Call November 2, 2022 10:00 AM ET Company Participants Michael Katz - EVP, Finance Rodney Martin - Chairman & CEO Heather Lavallee - President, CEO, Wealth Solutions Charles Nelson - Chief Growth Officer & Vice Chairman Christine Hurtsellers - CEO, Voya Investment Management Conference Call Participants Suneet Kamath - Jefferies Wilma Burdiss - Raymond James Erik Bass - Autonomous Research Ryan Krueger - KBW Tom Gallagher - Evercore ISI Kenneth Lee - RBC Capital Markets Alex Scott - Goldman Sachs Operator Good morning, and welcome to Voya Financial's Third Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen only mode.

Voya Financial, Inc. (VOYA) Q3 2022 Earnings Call Transcript

Benefitfocus

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C.

BENEFITFOCUS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Benefitfocus, Inc. - BNFT

NEW YORK , Nov. 2, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Benefitfocus, Inc. ("Benefitfocus" or the "Company") (NASDAQ: BNFT), in connection with the proposed acquisition of the Company by Voya Financial, Inc. (NYSE: VOYA). Under the terms of the merger agreement, the Company's shareholders will receive $10.50 in cash for each share of Benefitfocus common stock owned.

SHAREHOLDER ALERT: Weiss Law Investigates Benefitfocus, Inc.

Voya Financial (VOYA) announced it is buying Benefitfocus (BNFT). This is why.

Why Voya Financial (VOYA) Is Buying Benefitfocus (BNFT) For About $570 Million

Voya Financial's (VOYA) Q3 results reflect lower alternative investment income. In Investment Management, lower investment capital revenues are partially offset by higher underwriting results in Health Solutions and a favorable change in DAC/VOBA and other intangibles unlocking in Wealth Solutions.

Voya Financial (VOYA) Q3 Earnings Beat Estimates, Fall Y/Y

Voya (VOYA) delivered earnings and revenue surprises of 84% and 53.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Voya Financial (VOYA) Q3 Earnings and Revenues Top Estimates

Benefits manager Voya Financial VOYA, +0.22% on Tuesday said it agreed to acquire Benefitfocus BNFT, -0.85% , a cloud-based benefits administration tech platform, in a $570 million deal. Shares of Benefitfocus rocketed 47% higher, to $10.28, in after-hours trade.

Voya to buy Benefitfocus in $570 million deal, Benefitfocus stock skyrockets

NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA) announced today financial results for the third quarter of 2022: Net income available to common shareholders of $1.82 per diluted share.

Voya Financial announces third-quarter 2022 results

Voya Financial to acquire Benefitfocus, Inc.

Voya research uncovers new workplace benefits and savings needs for higher ed institutions in post-pandemic world

Allstate

NEW YORK--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that it was selected by Allstate (NYSE: ALL) to manage the firm's $850 million commercial mortgage portfolio effective Nov. 14, 2022.

Allstate Selects Voya Investment Management for Portfolio Mandate

NEW YORK--(BUSINESS WIRE)---- $VOYA #DEI--Voya Financial, Inc. (NYSE: VOYA), announced today it is celebrating National Disability Employment Awareness Month with the third annual virtual concert featuring “America's Got Talent” finalist Mandy Harvey and other artists with disabilities.

Voya Financial marks National Disability Employment Awareness Month with third annual concert featuring singer Mandy Harvey, artists with disabilities

NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA), announced today that it will host a webcast and conference call on its financial results for the third-quarter 2022 on Wednesday, Nov. 2, 2022 from 10 a.m. to 11 a.m. ET. Voya will issue a press release announcing the company's financial results for the third-quarter 2022 after the market closes on Tuesday, Nov. 1, 2022. When issued, the press release, along with the company's investor supplement and analyst presentation for the thir

Voya Financial schedules announcement of third-quarter 2022 results

NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), has received the Medgar Evers College Equity and Impact Award for its demonstrated commitment to diversifying the workforce of educators and providing support for students from underserved communities. Voya Financial was one of four major companies recognized at the recent Medgar Evers Legends and Legacy Inauguration Scholarship Gala, which celebrated 52 years since the college's founding as well as the beginning of a new legacy of l

Voya Financial honored at Medgar Evers College Legends and Legacy Inauguration Scholarship Gala

Voya Financial (VOYA) is poised to benefit from strategic buyouts, strong alternative and prepayment income and prudent capital deployment.

Why You Should Stay Invested in Voya Financial (VOYA) Stock

NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that it has been certified as a “Great Place to Work” by the independent analysts at Great Place to Work® — the global authority on high-trust, high-performance workplace cultures — for the seventh consecutive year. This year, 88% of employees at Voya Financial say it is a great place to work, compared to 57% of employees at a typical U.S.-based company. “We are a Great Place to Work because of our people,” said Rodne

Voya Financial recertified as a “Great Place to Work”

NEW YORK--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that Matt Toms, CFA, has been appointed to the newly created role of global chief investment officer (CIO). Toms, who has served as CIO of fixed income for Voya Investment Management (IM) since September 2016, will now lead the firm's more than 300 investment professionals who are managing approximately $330 billion in assets under management across fixed in

Matt Toms appointed first global chief investment officer of Voya Investment Management

NEW YORK--(BUSINESS WIRE)---- $Voya #ESG--Voya joins the UN Global Compact, a voluntary platform for the development, implementation and disclosure of responsible business practices.

Voya Financial joins the United Nations Global Compact

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Redesigning and repricing of products and services as well as a rising rate environment will help life insurers like SLF, RGA, LNC, VOYA and BHF while they invest heavily in digitization.

5 Life Insurers to Benefit From the Rising Rate Environment

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Raymond James on Thursday launched analyst coverage of six insurers, with Prudential Financial Inc. PRU, -1.24% (price target $115), Voya Financial Inc. VOYA, -0.35% (price target $84) and Globe Life Inc. GL, +0.09% (price target $138) all drawing strong buy ratings. Raymond James assigned market perform ratings to MetLife Inc. MET, -1.48% , Principal Financial Group Inc. PFG, -1.02% and Unum Group UNM, -1.11%.

Raymond James launches coverage of insurance companies with strong buys on three names

WINDSOR, Conn.--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today the launch of myVoyage, a new and first-of-its-kind personalized financial-guidance and connected workplace-benefits digital platform. Offering a “one stop” solution, myVoyage will provide individuals with a complete view of their financial picture, inclusive of workplace benefits and savings accounts along with the integration of external accounts such as personal banking and credit accounts to help better mana

Voya to launch first-of-its-kind workplace benefits- and savings-connected digital platform

NEW YORK--(BUSINESS WIRE)---- $VOYA--Voya Financial, Inc. (NYSE: VOYA), announced today that My Chi To has joined the company as executive vice president and chief legal officer. In this role, To oversees all aspects of Voya's Law, Compliance and External Affairs department, and the Internal Audit team, serving as an advisor to senior management and the board of directors on legal, compliance, securities and corporate governance matters. She reports to Voya's Chairman and Chief Executive Officer Rodney O

My Chi To joins Voya Financial as chief legal officer

MINNEAPOLIS--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), a leading health, wealth and investment company, announced today findings from a new consumer survey revealing that inflationary pressures have American employees increasingly focused on their employer-provided benefits to help optimize their workplace benefits and savings needs. Specifically, due to inflation, Voya's survey found that the majority of employed individuals (70%) agree they plan to spend more time reviewing their be

Inflation has majority of working Americans planning to spend more time reviewing their benefit selections, according to new Voya survey

NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), announced today that it has been included in the Great Place to Work® and Fortune Best Workplaces in Financial Services & Insurance™ 2022 list. This is Voya's second time earning recognition on this prestigious list, this year coming in at 48th place. Earning a spot means that Voya Financial is one of the best companies to work for in the country. The Best Workplaces in Financial Services & Insurance award is based on analysi

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