Voya Financial

Voya Financial was selected by the District of Columbia as the new provider to manage the defined-contribution retirement plans (401(a)) and 457(b) plans. The mandate covers more than 52,000 participant accounts and $4.3 billion in assets. Voya will handle account servicing, plan administration, as well as digital offerings, education, in-plan advice and access to brokerage and managed accounts. » More on de.investing.com

Voya presented its workplace‑focused platform that integrates retirement, investment management and employee benefits for 18 million customers and over 50,000 corporate clients. Management highlighted strong cash‑flow generation (USD 650m in 2024, USD 775m in 2025, further increases expected in 2026), high margins in the retirement business and cross‑selling potential. In the stop‑loss business Voya sees market hardening and improved pricing but maintains strict underwriting discipline. Capital is being deployed in a balanced way: investments in growth, selective acquisitions, and shareholder returns via dividend increases and share buybacks. » More on de.investing.com

Voya Financial reported adjusted operating earnings per share of $1.51 (expectation $1.97) and revenue of $1.9 billion (expectation $1.93 billion). Negative performance in alternative investments (annualized return -2.5%) and severance costs each reduced quarterly earnings by about $0.90 per share. Core businesses showed strength: retirement business net inflows were $8.1 billion and Wealth Management assets under management rose to $33 billion. Management expects improved results in H2 2026, anticipates cost cuts will offset severance charges within 2026, and plans at least $100 million of buybacks in Q3. » More on de.investing.com

Voya Financial has declared a dividend of $0.47 per common share for the third quarter of 2026, payable on September 28, 2026 to shareholders of record on August 26, 2026. The board also declared a semiannual dividend of $38.79 for Series A preferred shares and a quarterly dividend of $13.3750 per Series B preferred share (equivalent to $0.334375 per depositary share). » More on de.investing.com

Voya Financial's stock rose about 2.3% after a report said the company had informally attracted takeover interest. The report said there are currently no formal talks underway and neither management nor the board is seeking a transaction. Principal Financial was named as a potential suitor, but there have been no concrete negotiations so far. The interest comes amid a phase of increased consolidation in the financial services sector. » More on de.investing.com