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VOYA FINANCIAL, INC. - VOYA STOCK NEWS

Welcome to our dedicated page for VOYA FINANCIAL news (Ticker: VOYA), a resource for investors and traders seeking the latest updates and insights on VOYA FINANCIAL stock.

Voya Financial, Inc. (NYSE: VOYA) is a premier provider of retirement, investment, and insurance solutions, serving approximately 13 million individual and institutional customers across the United States. Headquartered in New York, Voya operates with a clear mission to secure financial futures through its diverse product offerings and dedicated service.

Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions. The Wealth Solutions segment, which generates roughly half of the company's revenue, provides tax-advantaged retirement savings plans and individual retirement accounts tailored to meet the needs of various customer groups. Investment Management offers a range of asset management services, while Health Solutions provides group life insurance plans and employee benefit products.

Recently, Voya has been recognized for its advanced digital capabilities and commitment to enhancing customer experiences. The company has partnered with Oracle to leverage Oracle Database@Azure, ensuring secure, high-performance cloud services to its clients. This move underscores Voya’s dedication to technological advancement and customer-centric service delivery.

With a workforce of approximately 6,500 employees and a strong focus on corporate responsibility, Voya is deeply committed to helping individuals and institutions achieve better retirement readiness. The company's vision, encapsulated in its tagline “America’s Retirement Company™”, emphasizes guiding Americans towards financial stability and security, one person, one family, and one institution at a time.

For more information about Voya Financial, Inc., visit voya.com.

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Voya Financial, Inc. (NYSE: VOYA) has appointed Heather Lavallee as president and CEO-elect, effective Jan. 1, 2023, succeeding Rodney O. Martin, Jr., who becomes executive chairman. Lavallee currently leads Voya's Wealth Solutions business and has a proven track record of growth and innovation. Her appointment follows a comprehensive succession-planning process, with full board support. Voya emphasizes its commitment to delivering value across health, wealth, and investment sectors, with about $707 billion in assets under management as of March 31, 2022.

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Voya Financial, Inc. (NYSE: VOYA) announced a webcast and conference call for its financial results for Q2 2022. The call is scheduled for August 3, 2022, from 10 a.m. to 11 a.m. ET, following a press release on August 2, 2022, after market close. Investors can access the webcast and related materials on Voya's investor relations website. As of March 31, 2022, Voya managed approximately $707 billion in total assets, serving 14.3 million clients. Voya is recognized for its workplace quality and ethical standards.

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On June 29, 2022, Voya Financial (NYSE: VOYA) declared a quarterly dividend of $0.20 per share on its common stock. As a result, the exercise price of the associated Warrants has been adjusted from $47.36 to $47.21 per share. Each Warrant is now exercisable for 1.0325 shares of Common Stock, effective from the same date. Voya Financial serves approximately 14.3 million clients, boasting about $707 billion in total assets under management as of March 31, 2022.

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Voya Financial has entered a definitive agreement to integrate Allianz Global Investors’ U.S. teams and assets into Voya Investment Management. This strategic partnership aims to enhance Voya IM’s scale and global reach, with an expected 6% – 8% cash accretion to adjusted operating earnings per share in 2023. Voya will maintain a 76% economic stake in the combined entity, which will increase its assets under management to approximately $370 billion. The deal requires no external financing, preserving future growth flexibility.

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Voya Financial (NYSE: VOYA) has partnered with The Harkin Institute to release a research paper at the 2022 Harkin Summit. The study shows that companies with a robust ESG strategy that includes people with disabilities can tap into a $13-trillion market, thereby enhancing long-term shareholder value. Key insights also indicate that inclusive employment practices boost brand reputation, foster innovation, and lead to better market positioning.

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Voya Financial, Inc. (NYSE: VOYA) announced participation in the Morgan Stanley US Financials, Payments & CRE Conference on June 13, 2022, at 2:30 p.m. ET. Key executives, including chairman and CEO Rodney O. Martin, Jr., CFO Michael Smith, and CGO Charles Nelson, will present. Investors can access a live webcast through Voya’s investor relations website. Voya, serving 14.3 million clients with $707 billion in assets under management as of March 31, 2022, is recognized for its commitment to ethical practices and workplace excellence.

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Voya Financial has announced a memorandum of understanding for the acquisition of substantial assets from Allianz Global Investors’ U.S. operations. This strategic move will increase Voya Investment Management's assets under management to approximately $370 billion. The deal includes a long-term distribution partnership where AllianzGI will promote Voya IM’s strategies internationally. AllianzGI will receive up to a 24% stake in Voya IM. The acquisition aims to enhance Voya's investment capabilities while maintaining a strong capital position for future growth.

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FAQ

What is the current stock price of VOYA FINANCIAL (VOYA)?

The current stock price of VOYA FINANCIAL (VOYA) is $81.68 as of November 22, 2024.

What is the market cap of VOYA FINANCIAL (VOYA)?

The market cap of VOYA FINANCIAL (VOYA) is approximately 8.2B.

What does Voya Financial, Inc. specialize in?

Voya Financial specializes in retirement, investment, and insurance solutions for both individual and institutional clients.

How many customers does Voya Financial serve?

Voya Financial serves approximately 13 million individual and institutional customers in the United States.

What are the primary business segments of Voya Financial?

Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions.

How many employees does Voya Financial have?

Voya Financial has a dedicated workforce of approximately 6,500 employees.

What is Voya Financial’s vision?

Voya Financial's vision is to be America’s Retirement Company™, guiding Americans towards greater retirement readiness.

What recent technological advancements has Voya Financial made?

Voya Financial has recently partnered with Oracle to leverage Oracle Database@Azure, enhancing their cloud services' performance and security.

Where can I find more information about Voya Financial?

More information about Voya Financial can be found on their official website, http://voya.com.

What types of retirement solutions does Voya Financial offer?

Voya Financial offers tax-advantaged retirement savings plans and individual retirement accounts, tailored to meet various customer needs.

What is the company’s focus in terms of corporate responsibility?

Voya Financial focuses on securing financial futures through responsible business practices, aiming to benefit individuals, families, and institutions.

How does Voya Financial enhance customer experiences?

Voya Financial enhances customer experiences by leveraging advanced technologies like Oracle Database@Azure for secure and high-performance services.

VOYA FINANCIAL, INC.

NYSE:VOYA

VOYA Rankings

VOYA Stock Data

8.21B
95.87M
0.33%
101.84%
2.1%
Financial Conglomerates
Life Insurance
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United States of America
NEW YORK