Prudential Reports Record Q3 Earnings, Assets Surge
Prudential Financial (PRU) has reported robust results for the third quarter of 2025. The company's stock climbed 0.7% in extended trading following the news. PGIM, Prudential's global investment management division, posted adjusted operating income before taxes of $244M. Net investment income surged to $4.87B in Q3. CEO Andy Sullivan announced that Q3 adjusted operating income earnings per share hit a record-high of $4.26, up 28% from the year-ago quarter. This figure surpassed the average analyst estimate of $3.72 by nearly 20%.
The company's adjusted operating return on average equity soared to 17.9% in Q3, up from 14.9% in the prior quarter and 13.6% a year ago. Assets under management increased to $1.61T at Sept. 30, 2025, with PGIM's AUM reaching $1.47T and total net flows of $2.4B. Adjusted book value per common share climbed to $99.25, exceeding the Visible Alpha estimate of $98.80.
The significant increase in earnings from the previous year is evident, with $1.521 billion in adjusted earnings compared to $448 million the year before. Prudential will hold a conference call on Oct. 30 at 11:00 AM ET to discuss these results further.
Prudential Financial's strong Q3 results, including record-high earnings per share and increased assets under management, have been well-received by the market. Investors will look forward to learning more during the upcoming conference call on the Nasdaq.
