Earnings release
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November 2 , 2021 Earnings Release Prudential Prudential Financial , Inc. Announces Third Quarter 2021 Results Net income attributable to Prudential Financial , Inc. of $ 1.530 billion or $ 3.90 per Common share versus net income of $ 1.487 billion or $ 3.70 per share for the year - ago quarter . After - tax adjusted operating income of $ 1.487 billion or $ 3.78 per Common share versus $ 1.238 billion or $ 3.08 per share for the year - ago quarter . Book value per Common share of $ 160.29 versus $ 165.75 per share for the year - ago quarter ; adjusted book val per Common share of $ 106.85 versus $ 94.36 per share for the year - ago quarter . Parent company highly liquid assets ( ¹ ) of $ 3.8 billion versus $ 6.1 billion for the year - ago quarter . Assets under management of $ 1.727 trillion versus $ 1.648 trillion for the year - ago quarter . Capital returned to shareholders of $ 1.326 billion in the quarter , including $ 875 million of share repurchases and $ 451 million of dividends , or $ 1.15 per Common share , representing a 4 % yield on adjusted book value , versus $ 441 million in the year - ago quarter . Charles Lowrey , Chairman and CEO , commented on results : " Prudential delivered solid financial results for the third quarter , reflecting our strong investment performance and high demand for the products we have introduced to support our customers as they solve their financial challenges in a changing world . We also made significant progress executing against our transformation strategy to become a higher growth , less market sensitive and more nimble company by advancing our cost savings program and reaching agreements to sell our Full Service business and a portion of our traditional variable annuities business . Supported by our rock solid balance sheet , we are maintaining a balanced approach to capital deployment by investing in attractive growth opportunities in our businesses and returning capital to shareholders . As we look ahead , we remain committed to driving long - term sustainable growth and executing on our strategic priorities , including our recently announced goal to achieve net zero emissions across our primary global home office operations by 2050 and ongoing efforts to improve racial equity on behalf of our customers , employees , investors , and communities . " NEWARK , N.J. - Prudential Financial , Inc. ( NYSE : PRU ) today reported third quarter results . Net income attributable to Prudential Financial , Inc. was $ 1.530 billion ( $ 3.90 per Common share ) for the third quarter of 2021 , compared to net income of $ 1.487 billion ( $ 3.70 per Common share ) for the third quarter of 2020. After - tax adjusted operating income was $ 1.487 billion ( $ 3.78 per Common share ) for the third quarter of 2021 , compared to $ 1.238 billion ( $ 3.08 per Common share ) for the third quarter of 2020 . - more -