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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NEW YORK--( BUSINESS WIRE )--Voya Financial, Inc. (NYSE: VOYA), announced today that it has been named to the 2022 Dow Jones Sustainability Index (DJSI), earning recognition as a sustainability top-performing company for the seventh consecutive year.

Voya Financial named to 2022 Dow Jones Sustainability Index

WINDSOR, Conn.--( BUSINESS WIRE )--Voya Financial, Inc. (NYSE: VOYA), announced today that it has been retained as the recordkeeper and service provider for the Bass Pro Group, LLC, 401(k) Retirement Savings Plan.

Voya extends service relationship with the Bass Pro Group retirement savings program

NEW YORK--( BUSINESS WIRE )--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that it was named to Pensions & Investments magazine's "2022 Best Places to Work in Money Management" list. Ranked fourth in the category of firms with between 500 and 999 employees, this is the eighth consecutive year Voya IM has been named to the list.

Voya Investment Management Named to Pensions & Investments Magazine's "2022 Best Places to Work in Money Management" List for the Eighth Consecutive Year

NEW YORK--( BUSINESS WIRE )--Voya Financial, Inc. (NYSE: VOYA), a leading health, wealth and investment company, announced today that Rob Grubka, currently CEO, Health Solutions, has been appointed to the expanded role of CEO, Workplace Solutions. In this newly created role, Grubka will lead Voya's Health Solutions and Wealth Solutions segments and oversee all of the company's workplace benefits and savings businesses. He will continue to report to Heather Lavallee, president and CEO-elect, Voya Financial, Inc.

Rob Grubka appointed CEO, Workplace Solutions for Voya Financial

NEW YORK--( BUSINESS WIRE )--Voya Financial, Inc. (NYSE: VOYA), today announced that Rodney O. Martin, Jr., chairman and chief executive officer; Heather Lavallee, president and CEO-elect; and Michael Katz, executive vice president, finance, are scheduled to participate in the Goldman Sachs 2022 U.S. Financial Services Conference on Wednesday, Dec. 7, 2022, at approximately 1:00 p.m. ET.

Voya Financial to present at the Goldman Sachs 2022 US Financial Services Conference

WINDSOR, Conn.--( BUSINESS WIRE )--Voya Financial, Inc. (NYSE: VOYA), announced today the one-year milestone of Voya PAL, an intelligent chatbot providing customers with 24/7 service availability for their workplace benefits and savings needs. Voya PAL was introduced as part of the company's ongoing focus on expanding customer experiences and, ultimately, to provide multiple options for customers to connect with Voya and in ways that are most helpful to them. Since its launch one year ago, Voya PAL has engaged in more than 120,000 customer interactions across Voya's Wealth Solutions and Health Solutions businesses, and it has resolved over 70% of cases using the chatbot functionality to address customers' questions.

Voya celebrates success of 24/7 chatbot and emerging artificial intelligence capabilities

Voya Financial (VOYA) is poised to benefit from strategic acquisitions, higher underwriting results, improved investment income and strong financial standing.

Here's Why Investors Should Hold Onto Voya Financial (VOYA)

NEW YORK--( BUSINESS WIRE )--Voya Financial, Inc. (NYSE: VOYA) announced today that it has achieved Mansfield Rule: Legal Department Edition (MRLD) 2.0 Certification. The certification is a recognition of Voya's purposeful and ongoing efforts to expand the slate of diverse lawyers considered for internal leadership roles or outside counsel representation.

Voya Financial Achieves Mansfield Rule: Legal Department Edition 2.0 Certification

Voya Financial, Inc. has divested several life insurance businesses in recent years, being now focused mainly on fee-based activities. It has an excess capital position and is performing acquisitions that make strategic sense, improving its long-term fundamentals.

Voya: Enhanced Risk Profile Warrants A Higher Valuation

WINDSOR, Conn.--( BUSINESS WIRE )--Voya Financial, Inc. (NYSE: VOYA), is releasing new findings from a consumer research survey revealing that, while the broad scope of workplace benefits and savings offerings for employees continues to evolve, the employer-sponsored retirement plan remains a critical component to attracting and retaining talent. Specifically, Voya's research found that, among working Americans, 60% are more likely to stay with their current employer if they offer an employer-sponsored retirement plan. Equally important to working individuals were a competitive salary or compensation package (64%) and flexible work hours (63%).

Amid the war for talent, don't forget the retirement plan, Voya survey finds

Marathon Petroleum

NEW YORK--( BUSINESS WIRE )--Voya Financial, Inc. (NYSE: VOYA), a leading health, wealth and investment company, announced today that Donald C. Templin has joined the company as executive vice president and chief financial officer (CFO).

Donald Templin joins Voya Financial as chief financial officer

NEW YORK--(BUSINESS WIRE)--Voya Financial, Inc. (NYSE: VOYA), a leading provider of retirement plans for educators, announced today the top three winners in the company's annual Voya Unsung Heroes.

Voya awards $140,000 in grants to three educators with innovative teaching programs

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.

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