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Prudential Financial's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Prudential Financial provides insurance, investment management, annuities, and other financial services.

Prudential Finan... Read more

Based on data from Prudential Financial's latest SEC filings

Annual Revenue

Based on data from Prudential Financial's latest SEC filings

Employees

Charles F. Lowrey's photo - Chairman & CEO of Prudential Financial

Chairman & CEO

Charles F. Lowrey

CEO Approval Rating

78/100

OVERVIEW

Founded:

1875

Headquarters:

NewarkNew Jersey

Status:

PublicIndependent Company of NYSEPRU

Industry Sector:

Life & Health Insurance

Investment Management & Fund Operators

Diversified Financial Services

Investment Banking & Brokerage

SIC Code:

6411NAICS listing »

6321NAICS listing »

6282NAICS listing »

6199NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Travelers a competitor of Prudential Financial?

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Trending News for Prudential Financial and Prudential Financial's Competitors

January 18, 2020

MarketScreener

Pomerantz Law Firm Reminds Shareholders with Losses on their Investment Prudential Financial, Inc. of Class Action Lawsuit and Upcoming Deadline - PRU

(marketscreener.com) NEW YORK, Jan. 18, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class act... See more »

Today 2:17 AM

Financial Standard AU

MetLife appoints KPMG super director

A director of superannuation advisory at KPMG is set to join MetLife in a newly created role.... See more »

Today 9:04 AM

Insurance News AU

Acquisitions and appointments: company news wrap-up

The industry is whirring back into life after the summer break, with acquisitions, appointments and l... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Metlife is one of Prudential Financial's top competitors. Metlife was founded in 1868, and its headquarters is in New York, New York. Like Prudential Financial, Metlife also works within the Life & Health Insurance sector. Metlife has 1,705 fewer employees than Prudential Financial.

ING is Prudential Financial's #2 rival. ING was founded in 1991 in Amsterdam, Noord-Holland. ING operates in the Banks industry. ING generates $44B less revenue than Prudential Financial.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Charles F. Lowrey

Chairman & CEO

- -
49,705
$411M
$64B
1

Michel A. Khalaf

President & CEO

77/100
48,000
$287.9M
$68.1B
2

Ralph Hamers

Chairman & CEO

69/100
8,000
- -
$2.9B
3

Dennis R. Glass

President & CEO

63/100
11,034
- -
$17.1B
4

Christopher J. Swift

Chairman & CEO

74/100
16,400
$649.8M
$19.5B
5

Alan D. Schnitzer

Chairman & CEO

80/100
30,400
$388.5M
$31B
6

Thomas Buberl

CEO

65/100
47,170
- -
$21.8B
7

Brian Duperreault

President & CEO

83/100
49,800
- -
$49B
8

Oliver Bate

CEO

69/100
58,000
- -
$8.5B
9

Abigail P. Johnson

Chairman & CEO

64/100
40,000
$2.1B
$20.4B
The top 10 competitors in Prudential Financial's competitive set are Metlife, ING, Prudential, Lincoln, The Hartford, Travelers, AXA Group, AIG, Allianz and Fidelity. Together they have raised over 3.4B between their estimated 519.9K employees. Prudential Financial has 49,705 employees and is ranked 3rd among it's top 10 competitors. The top 10 competitors average 37,110.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$64B

Prudential Financial's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 33.3B. Over the last four quarters, Prudential Financial's revenue has decreased by 18.1%. Specifically, in Q3 2019's revenue was $15.1B; in Q2 2019, it was $15.4B; in Q1 2019, it was $15.1B; in Q4 2018, Prudential Financial's revenue was $18.4B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Assurance IQ, Inc.

Sep 2019

Source »
$2.4B
Assurance IQ is a provider of life, health, auto and home insurance products and services for individuals and businesses.
AFP Habitat

Mar 2016

Source »
$529M
AFP Habitat is a provider of retirement services that includes savings account, pension and multifund pension savings.

-

-

Feb 2011

Source »
$2.4B
-
Cigna Corp

Apr 2004

Source »
$undefined
Cigna offers health, dental, Medicare and supplemental insurance plans to consumers and employers.

-

-

May 2003

Source »
undisclosed
-

These are all the companies that Prudential Financial has acquired. Prudential Financial has acquired 5 companies and its latest acquisition was Assurance IQ, Inc. in Sep 2019. Assurance IQ is a provider of life, health, auto and home insurance products and services for individuals and businesses.

Prudential Financial Funding History

Since Prudential Financial was founded in 1875, it has participated in 2 rounds of funding. In total Prudential Financial has raised $411.0M. Prudential Financial's last funding round was on Dec 2001 for a total of $302.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Dec 2001
$302.5M

Investment Fund
Jan 2016
$108.5M

Total Funding: $411M

Since Prudential Financial was founded in 1875, it has participated in 2 rounds of funding. In total Prudential Financial has raised $411.0M. Prudential Financial's last funding round was on Dec 2001 for a total of $302.5M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Remitly is a digital remittance company that offers mobile-based online money transaction services.
$85M
Jul 09, 2019
Debt
-
Aura is an online lending platform that provides credit-building loans for individuals and businesses.
$10M
Jun 23, 2019
Equity
-
Point is a fintech platform that offers home equity financing solutions for property owners.
$22M
Mar 19, 2019
Series B
-
OSG owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products.
$325M
Dec 23, 2018
Debt
-
LendStreet develops and operates an online consumer debt restructuring and consolidation platform.
$110M
Jun 06, 2018
Debt
-

These are all the companies that Prudential Financial has invested in. Prudential Financial has invested 5 companies and its latest investment was Assurance IQ, Inc. in Sep 2019. Assurance IQ is a provider of life, health, auto and home insurance products and services for individuals and businesses.

Prudential Financial News

January 16, 2020Zacks

Prudential's (PRU) Unit Expands Travel Assistance Offerings

Prudential's (PRU) arm chooses IMG to upgrade its travel assistance suite and a new insurance product... See more »
January 16, 2020Law 360

Prudential Misled Investors On Financial Outlook, Suit Says

Prudential Financial Inc. was hit with a proposed securities class action Thursday in New Jersey fede... See more »
January 15, 2020MarketScreener

Announces the Filing of a Securities Class Action on Behalf of Prudential Financial, Inc. Investors (PRU)

(marketscreener.com) The Law Offices of Frank R. Cruz announces that a class action lawsuit has been ... See more »
January 9, 2020Benzinga

Midwest Motor Express Acquired By Investment Firms

Red Arts Capital announced that it has partnered with Prudential Capital Partners and Brightwood Capi... See more »
January 9, 2020MarketScreener

to Announce Fourth Quarter 2019 Earnings; Schedules Conference Call

(marketscreener.com) Prudential Financial, Inc. will release its fourth quarter 2019 earnings on Tues... See more »
January 8, 2020MarketScreener

Retirement Renews Contract With Prisma Health

(marketscreener.com) By Michael Dabaie Prudential Financial Inc.'s Prudential Retirement said it rene... See more »
January 6, 2020Pensions & Investments

PGIM taps Legg Mason veteran for China post

Sun Hao was named head of the institutional relationship for China at Prudential Financial's PGIM uni... See more »

Prudential Financial Press Releases

December 9, 2019Newsfile

Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Prudential Financial, Inc. To Contact The Firm

New York, New York--(Newsfile Corp. - December 9, 2019) - Faruqi & Faruqi, LLP, a leading national se... See more »
December 6, 2019centralcharts

January 27, 2020

SHAREHOLDER ALERT - Prudential Financial, Inc. (PRU) - Bronstein, Gewirtz & Grossman, LLC Notifies In... See more »
September 3, 2019PR Newswire

National Awards Program Seeking America's Top Youth Volunteers Of 2020

WASHINGTON, Sept. 3, 2019 /PRNewswire/ -- Today through November 5, 2019, The Prudential Spirit of Co... See more »
August 29, 2019Business Wire

Prudential Financial announces leadership succession for U.S. Businesses

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial announces leadership succession for U.S. Business... See more »
July 26, 2019CentralCharts

Halodoc completes strategic funding round, as it continues to expand its portfolio of services

Halodoc, Indonesia's home-grown online healthcare platform, has secured additional funding from strat... See more »
July 22, 2019Business Wire

Wayne County and Prudential Retirement continue 20-year partnership with $650M in assets

NEWARK, N.J.--(BUSINESS WIRE)--$PRU--Prudential Retirement will continue its more than two-decade par... See more »
June 21, 2019streetinsider

Employee programs that combine lifestyle and financial wellness benefits may yield healthier, less-stressed workers, Prudential study finds

NEWARK, N.J.--(BUSINESS WIRE)-- Employers who provide traditional health and wellness offerings along... See more »

Prudential Financial Videos

June 24, 2019Prudential Financial Youtube Channel

"Beauty Salon Talk: Spending or Being Strapped for Cash" on YOUTUBE

See more »
June 24, 2019Prudential Financial Youtube Channel

"Barbershop Talk: Credit Challenges to Home Ownership" on YOUTUBE

See more »
May 29, 2019Prudential Financial Youtube Channel

"The State of US - Seattle, WA" on YOUTUBE

See more »
July 18, 2017Prudential Financial Youtube Channel

"Prudential: Our Work, Heart, and Soul" on YOUTUBE

See more »
December 21, 2016Prudential Financial Youtube Channel

"Alejandra and Alicia Shares What Inspires Them" on YOUTUBE

See more »
November 18, 2016Prudential Financial Youtube Channel

"Handle With Care | Prudential" on YOUTUBE

See more »
October 28, 2016Prudential Financial Youtube Channel

"The Power of The Wellness Effect" on YOUTUBE

See more »

Social Statistics

Headquarters

751 Broad Street

Newark, New Jersey07102

973-802-6000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Prudential Financial provides insurance, investment management, annuities, and other financial services. Prudential Financial was founded in 1875. Prudential Financial's headquarters is located in Newark, New Jersey, USA 07102. It has raised 411.0M in...

CEO

Prudential Financial's Chairman & CEO, Charles F. Lowrey, currently has an approval rating of 78%. Prudential Financial's primary competitors are Metlife, ING & Prudential.

Website

prudential.com

Frequently Asked Questions about Prudential Financial

  1. When was Prudential Financial founded?

    Prudential Financial was founded in 1875

  2. Who is Prudential Financial's CEO?

    Prudential Financial's CEO is Charles F. Lowrey

  3. How much revenue does Prudential Financial generate?

    Prudential Financial generates $64B in revenue

  4. How much funding does Prudential Financial have?

    Prudential Financial has historically raised $411M in funding

  5. Where is Prudential Financial's headquarters?

    Prudential Financial's headquarters is in Newark New Jersey, USA

  1. How many employees does Prudential Financial have?

    Prudential Financial has 49,705 employees

  2. What sector does Prudential Financial operate in?

    Prudential Financial is in Life & Health Insurance, Investment Management & Fund Operators, Diversified Financial Services

  3. Who are Prudential Financial's competitors?

    Prudential Financial's top competitors are Metlife, ING, Prudential

  4. Who has Prudential Financial invested in?

    Prudential Financial's has invested in companies such as Remitly, Aura, Point
Stay up-to-date with the latest news on Prudential Financial