Insurance and asset management firm Prudential Financial Inc. (PRU) on Tuesday reported first-quarter results, with profit declining from last year.
Net income for the quarter decreased to $597 million, or $1.68 per share, compared with $707 million, or $1.96 per share, in the same period last year.
After-tax adjusted operating income increased to $1.28 billion, or $3.61 per share, from $1.19 billion, or $3.29 per share a year ago.
Assets under management rose to $1.576 trillion from $1.522 trillion a year ago.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.