Nov 3, 4:20 PM ET
Prudential Financial reported third quarter 2026 net income attributable to the company of $1.388 billion, or $3.96 per common share, compared to $1.431 billion, or $4.01 per share, for the year-ago quarter. After-tax adjusted operating income was $1.321 billion, or $3.77 per share, down from $1.444 billion, or $4.05 per share, primarily impacted by lower earnings in Japan resulting from a sales suspension.
- Net income attributable to Prudential Financial, Inc. was $1.388 billion, or $3.96 per common share, for the third quarter of 2026.
- After-tax adjusted operating income was $1.321 billion, or $3.77 per common share, compared to $1.444 billion, or $4.05 per share, in the prior-year period.
- Capital returned to shareholders totaled $741 million in the third quarter of 2026, consisting of $250 million in share repurchases and $491 million in dividends.
- Assets under management for PGIM stood at $1.465 trillion at the end of the third quarter of 2026.
Read the filing on SEC.gov ↗
Oct 20, 7:31 AM ET
Prudential Financial agreed to sell 100% of its equity interests in Prudential do Brasil Seguros and Prudential Seguros Mexico to CNP Assurances for an aggregate $4.025 billion in cash, subject to certain closing adjustments. The company expects the sale to close in the second half of 2027, subject to regulatory approvals, and says it will continue narrowing its geographic footprint by exiting emerging markets. The filing does not state the sale's effect on earnings, and the company says the proceeds will support its capital allocation priorities.
- Aggregate purchase price of $4.025 billion in cash, subject to certain closing adjustments
- Expected closing in the second half of 2027, subject to regulatory approvals and customary closing conditions
- Follows the October 13 closing of the ICEA LION sale in Kenya and announced sales of stakes in Indonesia and South Africa
- Proceeds to support capital allocation priorities and growth in retirement, asset management and select protection businesses in the U.S., Japan and select European markets
Read the filing on SEC.gov ↗
Oct 15, 4:22 PM ET
Prudential disclosed preliminary, unaudited third-quarter 2026 figures ahead of its November 3, 2026 earnings release, showing an estimated $140 million reduction in Japan Businesses pre-tax adjusted operating income from the Prudential of Japan sales suspension. The company also estimated alternative investment income of its General Account $15 million to $35 million above near-term expectations, and it reclassified its International Businesses segment as Japan Businesses effective the third quarter of 2026. The figures are not final and financial closing procedures are not complete.
- Prudential of Japan sales suspension estimated to reduce Japan Businesses pre-tax adjusted operating income by about $140 million in the quarter ended September 30, 2026, including one-time costs
- General Account alternative investment income estimated at $15 million to $35 million above near-term expectations for the quarter
- PGIM assets under management were $1.47 trillion as of September 30, 2026; PGIM other related revenues were about $20 million on an adjusted operating income basis
- Brazil and Mexico operations moved to Divested and Run-off Businesses; AFP Habitat moved to Retirement; revised second quarter 2026 supplement furnished as Exhibit 99.1
Read the filing on SEC.gov ↗
Aug 4, 4:24 PM ET
Prudential Financial reported second quarter 2026 net income of $985 million, or $2.80 per Common share, up from $533 million, or $1.48 per share, a year earlier. After-tax adjusted operating income rose to $1.438 billion, or $4.08 per share, from $1.284 billion, or $3.58 per share, and management will hold an extended call on August 5 to discuss strategy and long-term vision.
- Net income attributable to Prudential was $985 million ($2.80 per share) versus $533 million ($1.48 per share) in Q2 2025.
- After-tax adjusted operating income was $1.438 billion ($4.08 per share) versus $1.284 billion ($3.58 per share) a year earlier.
- Prudential of Japan sales suspension weighed on International Businesses; constant dollar basis sales fell 33% to $361 million.
- Capital returned to shareholders was $743 million, including $250 million of share repurchases and $493 million of dividends.
Read the filing on SEC.gov ↗
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