Prudential's second quarter adjusted EPS of $4.08 beat estimates as PGIM assets under management grew to $1.491 trillion.

Prudential Financial reported second quarter 2026 after-tax adjusted operating income of $1.438 billion, or $4.08 per share, up from $1.284 billion, or $3.58 per share, in the prior-year quarter. Net income attributable to the company was $985 million, or $2.80 per share.

Key Highlights

• After-tax adjusted operating income increased 12% year-over-year to $1.438 billion, driven by strength in the PGIM and International Businesses segments.
• PGIM, the global investment management business, saw its assets under management (AUM) grow 4% from the year-ago quarter to $1.491 trillion.
• The company returned $743 million to shareholders, consisting of $493 million in dividends and $250 million in share repurchases.
• International Businesses reported adjusted operating income of $855 million, up from $761 million a year ago, reflecting higher net investment spread and business growth in Brazil.