Prudential Financial (PRU) Investor presentation summary

Strategic vision and business model

• Focus on expanding access to investing, insurance, and retirement security globally, serving 50 million customers in over 50 countries.

• Integrated business system leverages global investment management, insurance, and retirement expertise for competitive advantage.

• Emphasis on disciplined, long-term growth and capital efficiency, aiming to become more nimble and higher growth.

• Mutually reinforcing businesses drive synergies and unlock shareholder value.

Financial performance and targets

• $1.5 trillion in assets under management and $68 billion in revenues for the last twelve months through 4Q24.

• 5% five-year annual dividend per share CAGR and 17 consecutive years of dividend increases.

• Core adjusted operating EPS growth target of 5-8% and adjusted operating ROE of 13-15% for 2025-2027.

• Returned nearly $3 billion to shareholders in 2024, with $1 billion in share repurchases and $1.9 billion in dividends.

Business segment highlights

• U.S. businesses contributed 49% of earnings, international 40%, and PGIM 11%.

• PGIM is a top global investment manager with $1.1 trillion in credit assets and strong performance across asset classes.

• U.S. segment focuses on retirement strategies, group insurance, and individual life, expanding access and simplifying experiences.

• International segment maintains market leadership in Japan and expands in high-growth emerging markets through partnerships.