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Stock impact report

Q3 Earnings Highs And Lows: Voya Financial (NYSE:VOYA) Vs The Rest Of The Custody Bank Stocks [Yahoo! Finance]

Voya Financial, Inc. (VOYA) 
Last voya financial, inc. earnings: 2/10 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.voya.com
Company Research Source: Yahoo! Finance
With Q3 behind us, let's have a look at Voya Financial (NYSE:VOYA) and its peers. Custody banks safeguard financial assets and provide services like settlement, accounting, and regulatory compliance for institutional investors. Growth opportunities stem from increasing global assets under custody, demand for data analytics, and blockchain technology adoption for settlement efficiency. Challenges include fee pressure from large clients, substantial technology investment requirements, and competition from both traditional players and fintech firms entering the space. The 16 custody bank stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 3.2%. In light of this news, share prices of the companies have held steady as they are up 2.3% on average since the latest earnings results. Voya Financial (NYSE:VOYA) Originally spun off from Dutch financial giant ING in 2013 and rebranded with a name suggesting "voyage," Voya Financial (NYSE:VOYA Show less Read more
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