Voya Financial Inc
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
VOYA$104.27-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
For the Three and Nine Months Ended September 30, 2024 and 2023 (Unaudited)
(In millions, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Revenues: | ||||
| Net investment income | $506 | $547 | $1,553 | $1,637 |
| Fee income | 540 | 489 | 1,570 | 1,427 |
| Premiums | 796 | 682 | 2,386 | 2,044 |
| Net gains (losses) | (14) | (7) | 25 | (79) |
| Other revenue | 103 | 81 | 289 | 245 |
| Income (loss) related to CIEs: | ||||
| Net investment income | 25 | 31 | 217 | 255 |
| Total revenues | 1,956 | 1,823 | 6,040 | 5,529 |
| Benefits and expenses: | ||||
| Policyholder benefits | 681 | 471 | 1,884 | 1,419 |
| Interest credited to contract owner account balances | 257 | 328 | 748 | 813 |
| Operating expenses | 775 | 717 | 2,326 | 2,323 |
| Net amortization of Deferred policy acquisition costs and Value of business acquired | 55 | 57 | 167 | 173 |
| Interest expense | 29 | 31 | 89 | 102 |
| Operating expenses related to CIEs: | ||||
| Interest expense | 40 | 45 | 135 | 116 |
| Other expense | 3 | 2 | 12 | 7 |
| Total benefits and expenses | 1,840 | 1,651 | 5,361 | 4,953 |
| Income (loss) before income taxes | 116 | 172 | 679 | 576 |
| Income tax expense (benefit) | 18 | (74) | 58 | (34) |
| Net income (loss) | 98 | 246 | 621 | 610 |
| Less: Net income (loss) attributable to noncontrolling interest and redeemable noncontrolling interest | (16) | (16) | 51 | 107 |
| Net income (loss) available to Voya Financial, Inc. | 114 | 262 | 570 | 503 |
| Less: Preferred stock dividends | 16 | 14 | 37 | 32 |
| Net income (loss) available to Voya Financial, Inc.'s common shareholders | $98 | $248 | $533 | $471 |
| Net income (loss) available to Voya Financial, Inc.'s common shareholders per common share: | ||||
| Basic | $1.00 | $2.35 | $5.32 | $4.62 |
| Diluted | $0.98 | $2.29 | $5.20 | $4.31 |
The accompanying notes are an integral part of these Condensed Consolidated Financial Statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.