Voya Financial Q2 net income rises to $201 million; adjusted earnings fall to $223 million
Voya Financial reported second-quarter 2024 net income available to common shareholders of $201 million, or $1.96 per diluted share, up from $154 million, or $1.41, a year earlier. Adjusted operating earnings fell to $223 million, or $2.18 per diluted share, from $243 million, or $2.21, mainly due to lower net underwriting gains in Health Solutions. The board also approved a dividend increase to $0.45 per share from the third quarter, which the company said is supported by $174 million in share repurchases during the quarter.
Key points
- Net income available to common shareholders: $201 million ($1.96 per diluted share) vs. $154 million ($1.41) in Q2 2023, helped by investment gains.
- Adjusted operating earnings: $223 million ($2.18 per diluted share) vs. $243 million ($2.21), mainly from lower Health Solutions underwriting gains.
- Quarterly dividend to rise $0.05, or 12.5%, to $0.45 per share beginning in Q3 2024.
- Capital returned in Q2 2024 included $174 million in share repurchases and $40 million in common stock dividends; $551 million remains under the repurchase authorization.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.