Discontinued — last reported Q4 '24
Life Planner — Interest Expense
Prudential Financial Life Planner — Interest Expense decreased by 0.4% to $472.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 0.6%, from $469.00M to $472.00M. Over 3 years (FY 2021 to FY 2024), Life Planner — Interest Expense shows relatively stable performance with a 0.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Rising interest expense relative to assets may indicate higher cost of capital or increased policyholder crediting rates.
Detailed definition
This represents the interest costs incurred on insurance liabilities and policyholder account balances. It reflects the...
Peer comparison
Standard interest expense metric for insurance companies with significant deposit-type products.
pru_segment_life_planner_interest_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $458.25M | $458.25M | $458.25M | $473.00M | $457.00M | $452.00M | $450.00M | $468.00M | $470.00M | $469.00M | $469.00M | $471.00M | $465.00M | $474.00M | $472.00M |
| QoQ Change | — | +0.0% | +0.0% | +3.2% | -3.4% | -1.1% | -0.4% | +4.0% | +0.4% | -0.2% | +0.0% | +0.4% | -1.3% | +1.9% | -0.4% |
| YoY Change | — | — | — | — | -0.3% | -1.4% | -1.8% | -1.1% | +2.8% | +3.8% | +4.2% | +0.6% | -1.1% | +1.1% | +0.6% |
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Frequently Asked Questions
- What is Prudential Financial's life planner — interest expense?
- Prudential Financial (PRU) reported life planner — interest expense of $472.00M in Q4 2024.
- How has Prudential Financial's life planner — interest expense changed year-over-year?
- Prudential Financial's life planner — interest expense increased by 0.6% year-over-year, from $469.00M to $472.00M.
- What is the long-term trend for Prudential Financial's life planner — interest expense?
- Over 3 years (2021 to 2024), Prudential Financial's life planner — interest expense has grown at a 0.9% compound annual growth rate (CAGR), from $1.83B to $1.88B.
- What does life planner — interest expense mean?
- The interest paid or accrued on funds held for policyholders.