Company Prudential Financial, Inc.

PRU

US7443201022

Life & Health Insurance

Real-time Estimate Cboe BZX Other stock markets 09:50:25 2024-12-02 am EST			5-day change	1st Jan Change
128.91 ^USD	-0.39%		+0.42%	+24.62%

Nov. 27	TD Cowen Raises Prudential Financial Price Target to $133 From $130, Maintains Hold Rating	MT
Nov. 21	Morgan Stanley Adjusts Price Target on Prudential Financial to $140 From $132	MT

Business description: Prudential Financial, Inc.

Prudential Financial, Inc. specializes in supplying financial services to private and institutional customers. Revenues break down by activity as follows:

- retirement insurance (21.7%);

- individual life insurance (12.3%);

- group insurance (12.3%): primarily life and disability insurances;

- individual fixed and variable annuity management (8.9%);

- portfolio and mutual fund management (7.1%): USD 1,298.1 billion in assets under management at the end of 2023;

- other (1%).

The remaining revenues (36.7%) are from international activities.

Revenues are distributed geographically as follows: the United States (57.5%), Japan (28.8%) and other (13.7%).

Number of employees: 40,366

Sales by Activity: Prudential Financial, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023
U.S. Businesses - Institutional Retirement Strategies	15.06B	12.03B	15.3B	19.44B	11.03B
International Businesses - Life Planner	11.86B	10.12B	10.64B	10.06B	9.6B
International Businesses - Gibraltar Life and Other	11.33B	11.45B	11.27B	10.01B	9.09B
U.S. Businesses - Group Insurance	5.75B	5.79B	6.22B	6.12B	6.28B
U.S. Businesses - Individual Life	6.12B	6.4B	6.9B	7.07B	6.27B
U.S. Businesses - Individual Retirement Strategies	5B	4.44B	4.91B	5.31B	4.52B
Closed Block Division	5.64B	4.77B	5.95B	2.96B	3.67B
Corporate and Other	-677M	-629M	-511M	-465M	468M
PGIM	3.59B	4.15B	4.49B	3.62B	3.64B
Unallocated Other Divested and Run-Off Businesses	1.33B	1.94B	2.9B	845M	1.48B
Unallocated Charges Related to Realized Investment Gains (Losses), Net	-254M	-134M	-248M	-160M	237M
Unallocated Market Experience Updates	-77M	-196M	335M	583M	67M
Unallocated Change in Value of Market Risk Benefits, Net of Related Hedging Gains (Losses)	-	-	-	-	56M
Unallocated Other Adjustments	-5M	105M	-	-5M	-
Unallocated Equity in Earnings of Operating Joint Ventures and Earnings Attributable to Noncontrolling Interests	-146M	-138M	-97M	-	-85M
Unallocated Realized investment gains (losses), net, and related adjustments	185M	-3.46B	2.31B	-5.86B	-2.33B
U.S. Businesses - Assurance IQ	101M	391M	558M	510M	-

See all business segments

Geographical breakdown of sales: Prudential Financial, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023
United States	40.87B	34.92B	45.29B	38.85B	31.03B
Japan	19.63B	19.86B	18.85B	15.68B	15.54B
Other Countries	2.68B	1.88B	6.8B	5.52B	7.41B
Korea	1.64B	364M	-	-	-

See all geographic segments

Managers: Prudential Financial, Inc.

Director	Title	Age	Since
Charles Lowrey CEO	Chief Executive Officer	66	2018-11-30
Yanela del Carmen Frias DFI	Director of Finance/CFO	51	2024-03-14
Tim Schmidt CIO	Chief Investment Officer	65	2018-11-30
Stacey Goodman CTO	Chief Tech/Sci/R&D Officer	61	2019-07-14
Bob McLaughlin IRC	Investor Relations Contact	-	-

See PRUDENTIAL FINANCIAL, INC. governance

Members of the board: Prudential Financial, Inc.

Manager	Title	Age	Since
Gilbert Casellas BRD	Director/Board Member	71	2000-12-31
Christine Poon BRD	Director/Board Member	71	2006-08-31
Robert Falzon BRD	Director/Board Member	64	2018-11-30
Martina Hund-Mejean BRD	Director/Board Member	63	2010-09-30
Charles Lowrey CHM	Chairman	66	2019-04-04
Douglas Scovanner BRD	Director/Board Member	68	2013-11-10
Sandra Pianalto BRD	Director/Board Member	69	2015-06-30
Michael Todman BRD	Director/Board Member	66	2016-03-07
Wendy Jones BRD	Director/Board Member	58	2021-01-03
Kathleen Murphy BRD	Director/Board Member	61	2023-09-10

Composition of the Board of Directors

Shareholders: Prudential Financial, Inc.

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 11.66 %	41,629,887	11.66 %	5 099 M $
BlackRock Advisors LLC 6.943 %	24,787,684	6.943 %	3 036 M $
STATE STREET CORPORATION 4.764 %	17,007,013	4.764 %	2 083 M $
Geode Capital Management LLC 2.427 %	8,662,679	2.427 %	1 061 M $
Eaton Vance Management 1.800 %	6,425,701	1.800 %	787 M $

List of PRUDENTIAL FINANCIAL, INC. shareholders

Holdings: Prudential Financial, Inc.

Name	Equities	%	Valuation
ADMINISTRADORA DE FONDOS DE PENSIONES HABITAT S.A. 80.59%	805,857,520	80.59%	695,664,563 $
ADMINISTRADORA AMERICANA DE INVERSIONES S.A. 80.59%	805,857,520	80.59%	147,762,035 $
PRAIRIE PROVIDENT RESOURCES INC. 75.53%	940,925,109	75.53%	23,523,128 $
ERO COPPER CORP. 0.25%	254,243	0.25%	4,662,817 $
PLYMOUTH INDUSTRIAL REIT, INC. 0.28%	126,650	0.28%	2,573,528 $
PLYMOUTH INDUSTRIAL REIT, INC. 99.90%	1,041	99.90%	28,773 $

Company details: Prudential Financial, Inc.

Prudential Financial, Inc.

751 Broad Street 23rd floor

07102, Newark

+973 802 6000

http://www.prudential.com

Group companies: Prudential Financial, Inc.

Name	Category and Sector
Dryden Arizona Reinsurance Term Co. Dryden Arizona Reinsurance Term Co. Multi-Line InsuranceFinance Part of Prudential Financial, Inc., Dryden Arizona Reinsurance Term Co. provides life, annuity, and accident insurance services. The company is based in Phoenix, AZ.	Multi-Line Insurance
Prudential Retirement Insurance & Ann SSA-4642 Firestone	Investment Trusts/Mutual Funds
Passaic Fund LLC Passaic Fund LLC Financial ConglomeratesFinance Part of Prudential Financial, Inc., Passaic Fund LLC is an American company that provides investment services. The company is located in the US.	Financial Conglomerates
Prudential International Investments Co. LLC	Financial Conglomerates
Project H2O PRT Separate Account	Investment Trusts/Mutual Funds

See all subsidiaries

Other Life & Health Insurance

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
PRUDENTIAL FINANCIAL, INC.	-0.08%	+1.19%	+32.40%	+29.35%	46.07B
PING AN INSURANCE (GROUP) COMPANY OF CHINA, LTD.	+0.15%	+0.41%	+29.81%	+8.96%	121B
AXA	-1.61%	-4.75%	+11.72%	+29.26%	73.49B
AFLAC INCORPORATED	-0.09%	+1.43%	+38.00%	+112.41%	63.33B
METLIFE, INC.	-0.02%	+1.89%	+38.38%	+54.49%	61.09B
MANULIFE FINANCIAL CORPORATION	+0.45%	-0.66%	+69.25%	+95.36%	56.36B
GENERALI	-0.04%	-0.70%	+43.65%	+50.06%	43.69B
CHINA PACIFIC INSURANCE (GROUP) CO., LTD.	+1.44%	+0.15%	+41.78%	+24.22%	40.76B
SUN LIFE FINANCIAL INC.	+0.64%	+0.75%	+25.19%	+27.55%	35.41B
GREAT-WEST LIFECO INC.	+0.16%	+1.25%	+15.35%	+36.76%	33.51B
Average	+0.10%	+0.54%	+34.55%	+46.84%	57.5B
Weighted average by Cap.	-0.00%	+0.47%	+34.16%	+44.86%