PFG earnings
Principal Financial Group Inc (PFG) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Principal Financial Group Announces First Quarter 2026 ResultsRaises second quarter 2026 common stock dividend Principal Financial Group® (NASDAQ:PFG) announced results for first quarter 2026. Diluted earnings per common share 1Q26 Earnings (in millions) 1Q26 Net income attributable to PFG $1.93 Net income attributable to PFG $425 Non-GAAP net income attributable to PFG, excluding exited business1 $1.45 Non-GAAP net income attributable to PFG, excluding exited business1 $321 Non-GAAP operating earnings1 $2.07 Non-GAAP operating earnings1 $456 Non-GAAP operating earnings excluding significant variances2
- Principal to Announce First Quarter 2026 Financial ResultsResults will be released April 23; Conference call scheduled for April 24 Principal Financial Group® (NASDAQ:PFG) announced today that it will release first quarter 2026 financial results after U.S. markets close on Thursday, April 23, 2026. On Friday, April 24, 2026, at 10 a.m. ET, Deanna Strable, chair, president, and chief executive officer, and Joel Pitz, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides will be available on o
- Principal Financial Group Announces Full Year and Fourth Quarter 2025 Results as Well as 2026 OutlookRaises first quarter 2026 common stock dividend Principal Financial Group® (NASDAQ:PFG) announced results for full year and fourth quarter 2025. Diluted earnings per common share 2025 4Q25 Net income attributable to PFG (in millions) 2025 4Q25 Net income attributable to PFG $5.25 $2.32 Net income attributable to PFG $1,185 $517 Non-GAAP net income attributable to PFG, excluding exited business1 $7.48 $2.20 Non-GAAP net income attributable to PFG, excluding exited business1 $1,687 $490 Non-GAAP operating earnings1 $8.27 $2.19
- Principal Financial Group to Hold Combined Earnings and Outlook CallResults will be released February 9; Conference call scheduled for February 10 Principal Financial Group® (NASDAQ:PFG) announced today that it will release fourth quarter and full year 2025 financial results and the company's outlook for 2026 after U.S. markets close on Monday, February 9, 2026. On Tuesday, February 10, 2026, at 10 a.m. ET, Deanna Strable, chair, president, and chief executive officer, and Joel Pitz, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earn
- Principal Financial Group Announces Third Quarter 2025 ResultsRaises fourth quarter 2025 common stock dividend Principal Financial Group® (NASDAQ:PFG) announced results for third quarter 2025. Diluted earnings per common share 3Q25 Net income attributable to PFG (in millions) 3Q25 Net income attributable to PFG $0.95 Net income attributable to PFG $214 Non-GAAP net income attributable to PFG, excluding exited business1 $2.06 Non-GAAP net income attributable to PFG, excluding exited business1 $466 Non-GAAP operating earnings1 $2.10 Non-GAAP operating earnings1 $474 Third Quarter 2025 Highlights Non-G
- Principal to Announce Third Quarter 2025 Financial ResultsResults will be released October 27; Conference call scheduled for October 28 Principal Financial Group® (NASDAQ:PFG) announced today that it will release third quarter 2025 financial results after U.S. markets close on Monday, October 27, 2025. On Tuesday, October 28, 2025, at 10 a.m. ET, Deanna Strable, chair, president, and chief executive officer, and Joel Pitz, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides will be availab
- Principal Financial Group® Announces Second Quarter 2025 ResultsRaises third quarter 2025 common stock dividend Principal Financial Group® (NASDAQ:PFG) announced results for second quarter 2025. Diluted earnings per common share 2Q25 Net income attributable to PFG (in millions) 2Q25 Net income attributable to PFG $1.79 Net income attributable to PFG $406 Non-GAAP net income attributable to PFG, excluding exited business1 $1.91 Non-GAAP net income attributable to PFG, excluding exited business1 $432 Non-GAAP operating earnings1 $2.16 Non-GAAP operating earnings1 $489 Second Quarter 2025 Highlights Non-GAAP operat
- Principal to Announce Second Quarter 2025 Financial ResultsResults will be released July 28; Conference call scheduled for July 29 Principal Financial Group® (NASDAQ:PFG) announced today that it will release second quarter 2025 financial results after U.S. markets close on Monday, July 28, 2025. On Tuesday, July 29, 2025, at 10 a.m. ET, Deanna Strable, president, and chief executive officer, and Joel Pitz, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question-and-answer session. The company's earnings release, financial supplement, and slides will be available on our website at investors.principal.com. To access the Tues
- Principal Financial Group Announces First Quarter 2025 ResultsRaises second quarter 2025 common stock dividend Principal Financial Group® (NASDAQ:PFG) announced results for first quarter 2025. Diluted earnings per common share 1Q25 Net income attributable to PFG (in millions) 1Q25 Net income attributable to PFG $0.21 Net income attributable to PFG $48 Non-GAAP net income attributable to PFG, excluding exited business1 $1.31 Non-GAAP net income attributable to PFG, excluding exited business1 $299 Non-GAAP operating earnings1 $1.81 Non-GAAP operating earnings1 $415 First Quarter 2025 Highlights Non-GAAP operating earnings per diluted share, excluding significant
- Principal to Announce First Quarter 2025 Financial ResultsResults will be released April 24; Conference call scheduled for April 25 Principal Financial Group® (NASDAQ:PFG) announced today that it will release first quarter 2025 financial results after U.S. markets close on Thursday, April 24, 2025. On Friday, April 25, 2025, at 10 a.m. ET, Deanna Strable, president and chief executive officer, and Joel Pitz, interim chief financial officer, will discuss the results during a live conference call. Additional members of senior management will be available for a question-and-answer session. The company's earnings release, financial supplement, and slides will be available at investors.principal.com. To access the Friday, April 25 conference call:
- Principal Financial Group Announces Full Year and Fourth Quarter 2024 Results as well as 2025 OutlookRaises first quarter 2025 common stock dividend, announces $1.5 billion share repurchase authorization Principal Financial Group® (NASDAQ:PFG) announced results for full year and fourth quarter 2024. Diluted earnings per common share 2024 4Q24 Net income attributable to PFG (in millions) 2024 4Q24 Net income attributable to PFG $6.68 $3.92 Net income attributable to PFG $1,571 $905 Non-GAAP net income attributable to PFG, excluding exited business1 $6.40 $1.53 Non-GAAP net income attributable to PFG, excluding exited business1 $1,505 $354 Non-GAAP o
- Principal Financial Group to Hold Combined Earnings and Outlook CallResults will be released February 6; Conference call scheduled for February 7 Principal Financial Group® (NASDAQ:PFG) announced today that it will release fourth quarter and full year 2024 financial results and the company's outlook for 2025 after U.S. markets close on Thursday, February 6, 2025. On Friday, February 7, 2025, at 9 a.m. ET, Deanna Strable, president and chief executive officer, and Joel Pitz, interim chief financial officer, will discuss the results and the 2025 outlook during a live conference call. Additional members of senior management will be available for a question-and-answer session. The company's earnings release, financial supplement, and slides will be availabl
- Principal Financial Group Announces Third Quarter 2024 ResultsRaises fourth quarter 2024 common stock dividend Principal Financial Group® (NASDAQ:PFG) announced results for third quarter 2024. Third Quarter 2024 Highlights Net loss attributable to Principal Financial Group (PFG) of $220 million, or $0.95 per diluted share, driven by the loss from exited business Non-GAAP net income attributable to PFG, excluding exited business, of $419 million, or $1.78 per diluted share Non-GAAP operating earnings1 of $412 million, or $1.76 per diluted share; excluding impacts of the 3Q24 significant variances2, non-GAAP operating earnings of $480 million, or $2.05 per diluted share Returned $416 million of capital to shareholders, including $251 millio
- Principal to Announce Third Quarter 2024 Financial ResultsResults will be released October 24, Conference call scheduled for October 25 Principal Financial Group® (NASDAQ:PFG) announced today that it will release third quarter 2024 financial results 15 minutes after U.S. markets close on Thursday, October 24, 2024. On Friday, October 25, 2024, at 10 a.m. ET, Dan Houston, chairman and chief executive officer, and Deanna Strable, president and chief operating officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides will be available on our we
- Principal Financial Group Announces Second Quarter 2024 ResultsRaises third quarter 2024 common stock dividend Principal Financial Group® (NASDAQ:PFG) announced results for second quarter 2024. Second Quarter 2024 Highlights Net income attributable to Principal Financial Group (PFG) of $353 million, or $1.49 per diluted share Non-GAAP net income attributable to PFG, excluding exited business, of $356 million, or $1.50 per diluted share Non-GAAP operating earnings1 of $386 million, or $1.63 per diluted share Returned $415 million of capital to shareholders, including $250 million of share repurchases and $165 million of common stock dividends Raised third quarter 2024 common stock dividend to $0.72 per share, a 1 cent increase over th
- Principal to Announce Second Quarter 2024 Financial ResultsResults will be released July 25; Conference call scheduled for July 26 Principal Financial Group® (NASDAQ:PFG) announced today that it will release second quarter 2024 financial results on Thursday, July 25, 2024, 15 minutes after U.S. markets close. On Friday, July 26, 2024, at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides will be
- Principal Financial Group Announces First Quarter 2024 ResultsRaises second quarter 2024 common stock dividend Principal Financial Group® (NASDAQ:PFG) announced results for first quarter 2024. First Quarter 2024 Highlights Net income attributable to Principal Financial Group (PFG) of $533 million, or $2.22 per diluted share Non-GAAP net income attributable to PFG, excluding exited business of $376 million, $1.58 per diluted share Non-GAAP operating earnings1 of $394 million, or $1.65 per diluted share Returned $362 million of capital to shareholders, including $200 million of share repurchases and $162 million of common stock dividends Raised second quarter 2024 common stock dividend to $0.71 per share, a 2 cent increase over the fi
- Principal to Announce First Quarter 2024 Financial ResultsResults will be released April 25; Conference call scheduled for April 26 Principal Financial Group® (NASDAQ:PFG) announced today that it will release first quarter 2024 financial results after U.S. markets close on Thursday, April 25, 2024. On Friday, April 26, 2024, at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question-and-answer session. The company's earnings release, financial supplement, and slides will be available at investors.principal.com. You can access th
- Principal Financial Group® Announces Full Year and Fourth Quarter 2023 Results as well as 2024 OutlookRaises first quarter 2024 common stock dividend and announces new $1.5 billion share repurchase authorization Company Highlights Full year 2023 net income attributable to Principal Financial Group®, Inc. (PFG)1 of $623 million, or $2.55 per diluted share, includes $892 million of loss from exited business. Fourth quarter 2023 net loss attributable to PFG of $872 million, or $3.66 per diluted share, includes $1,171 million of loss from exited business. Full year 2023 non-GAAP operating earnings2 of $1,603 million, or $6.55 per diluted share. Fourth quarter 2023 non-GAAP operating earnings of $441 million, or $1.83 per diluted share. Returned $1.3 billion of capital to shareholder
- Principal Financial Group to hold combined earnings and outlook callResults will be released February 12; Conference call scheduled for February 13 Principal Financial Group® (NASDAQ:PFG) announced today that it will release fourth quarter and full year 2023 financial results and the company's outlook for 2024 after U.S. markets close on Monday, February 12, 2024. On Tuesday, February 13, 2024, at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results and the 2024 outlook during a live conference call. Other members of senior management will be available for a question-and-answer session. The company's earnings release, financial supple
- Principal Financial Group® Announces Third Quarter 2023 ResultsRaises fourth quarter 2023 common stock dividend Company Highlights Net income attributable to Principal Financial Group®, Inc. (PFG)1 of $1,246 million, or $5.10 per diluted share, includes $702 million of income from exited business Non-GAAP operating earnings2 of $420 million, or $1.72 per diluted share Returned $356 million of capital to shareholders Raises fourth quarter 2023 common stock dividend by $0.02 to $0.67 per share Assets under management (AUM) of $651 billion, which is included in assets under administration (AUA) of $1.5 trillion Principal Financial Group® (NASDAQ:PFG) announced results for third quarter 2023. Non-GAAP net income attributable to PFG
- Principal to Announce Third Quarter 2023 Financial ResultsResults will be released October 26; Conference call scheduled for October 27 Principal Financial Group® (NASDAQ:PFG) announced today that it will release third quarter 2023 financial results after U.S. markets close on Thursday, October 26, 2023. On Friday, October 27, 2023, at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides will be a
- Principal Financial Group® Announces Second Quarter 2023 ResultsDeclares increase to third quarter 2023 common stock dividend Company Highlights Second quarter 2023 net income attributable to Principal Financial Group®, Inc. (PFG)1 of $389 million, or $1.58 per diluted share, includes $64 million of income from exited business. Second quarter 2023 non-GAAP operating earnings2 of $376 million, or $1.53 per diluted share. Returned $255 million of capital to shareholders in second quarter 2023. Company declares third quarter 2023 common stock dividend of $0.65 per share, a 1 cent or 2% increase over second quarter 2023. Assets under management (AUM) of $674 billion, which is included in assets under administration (AUA) of $1.5 trillion.
- Principal® to announce second quarter 2023 financial resultsResults will be released July 27; Conference call scheduled for July 28 Principal Financial Group® (NASDAQ:PFG) announced today that it will release second quarter 2023 financial results on Thursday, July 27, 2023, after U.S. markets close. On Friday, July 28, 2023 at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides will be available on
- Principal Financial Group® Announces First Quarter 2023 ResultsDeclares second quarter 2023 common stock dividend Company Highlights First quarter 2023 net loss attributable to Principal Financial Group®, Inc. (PFG)1 of $140 million, or $0.58 per diluted share, includes $487 million of loss from exited business. First quarter 2023 non-GAAP operating earnings2 of $367 million, or $1.48 per diluted share. Returned $306 million of capital to shareholders in first quarter 2023. Assets under management (AUM) of $660 billion, which is included in assets under administration (AUA) of $1.5 trillion. Total company net cash flow of $600 million. Company declares second quarter 2023 common stock dividend of $0.64 per share. Principal Financia
- Principal to Announce First Quarter 2023 Financial ResultsResults will be released April 27; Conference call scheduled for April 28 Principal Financial Group® (NASDAQ:PFG) announced today that it will release first quarter 2023 financial results 15 minutes after U.S. markets close on Thursday, April 27, 2023. On Friday, April 28, 2023 at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides will be
- Principal Financial Group Announces 2023 and Long-Term OutlookPrincipal Financial Group® (NASDAQ:PFG) announced its 2023 and long-term financial guidance today. Dan Houston, chairman, president, and CEO, and Deanna Strable, CFO, will provide additional details and take questions along with other members of the Principal executive team during a conference call on March 2, 2023, at 10 a.m. EST. Slides with details of the 2023 and long-term outlook, including the impacts of the targeted improvements for long-duration insurance contracts accounting guidance (LDTI), and a recast fourth quarter 2022 financial supplement are available at investors.principal.com. Key takeaways and total company guidance Updated reporting segments to better align with the
- Principal to Host 2023 Outlook Call on March 2, 2023Principal Financial Group® (NASDAQ:PFG) announced today that it will release its outlook for 2023 on Thursday, March 2, 2023. Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will host a conference call at 10:00am ET on March 2, 2023, to provide details on the company's outlook for 2023 as well as longer-term, including key earnings drivers and capital deployment. Houston, Strable and other members of the Principal executive management team will be available for a question and answer session during the conference call. A recast fourth quarter 2022 financial supplement, including the impacts of the targ
- Principal Financial Group® Announces Full Year and Fourth Quarter 2022 ResultsDeclares first quarter 2023 common stock dividend Company Highlights Full year 2022 net income attributable to PFG of $4.8 billion, or $18.85 per diluted share, includes $3.3 billion of income from exited business. Fourth quarter 2022 net loss attributable to Principal Financial Group®, Inc. (PFG) of $10 million, or $0.04 per diluted share, includes $514 million of loss from exited business. Full year 2022 non-GAAP operating earnings of $1.7 billion, or $6.66 per diluted share. Fourth quarter 2022 non-GAAP operating earnings1 of $422 million, or $1.70 per diluted share. Deployed $2.8 billion of capital for full year 2022, including $2.3 billion to shareholders. Deployed $0.6 billion
- Principal® to Announce Fourth Quarter and Full Year 2022 Financial ResultsResults will be released January 30; Conference call scheduled for January 31 Principal Financial Group® (NASDAQ:PFG) announced today that it will release fourth quarter and full year 2022 financial results 15 minutes after U.S. markets close on Monday, January 30, 2023. On Tuesday, January 31, 2023, at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplemen
- Principal Financial Group® Announces Third Quarter 2022 ResultsDeclares fourth quarter common stock dividend Third Quarter 2022 Company Highlights Net income attributable to Principal Financial Group®, Inc. (PFG) of $1.4 billion, or $5.50 per diluted share, includes $1.0 billion of income from exited business. Non-GAAP operating earnings1 of $427 million, or $1.69 per diluted share. Returned $607 million of capital to shareholders, including $450 million in share repurchases and $157 million of common stock dividends. Company declares fourth quarter 2022 common stock dividend of $0.64 per share. Assets under management (AUM) of $608 billion managed by PFG, which is included in assets under administration (AUA) of $1.4 trillion. Net cash flo
- Principal to announce third quarter 2022 financial resultsResults will be released October 27; Conference call scheduled for October 28 Principal Financial Group® (NASDAQ:PFG) announced today that it will release third quarter 2022 financial results 15 minutes after U.S. markets close on Thursday, October 27, 2022. On Friday, October 28, 2022 at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides w
- Principal Financial Group® Announces Second Quarter 2022 ResultsDeclares third quarter common stock dividend Company Highlights Second quarter 2022 net income attributable to Principal Financial Group®, Inc. (PFG) of $3.1 billion, or $11.94 per diluted share, includes $2.8 billion of income from exited business. Second quarter 2022 non-GAAP operating earnings1 of $423 million, or $1.65 per diluted share. Returned $402 million of capital to shareholders in second quarter, including $240 million in share repurchases and $162 million of common stock dividends. Company declares third quarter 2022 common stock dividend of $0.64 per share. Assets under management (AUM) of $632 billion managed by PFG, which is included in assets under administration
- Principal to Announce Second Quarter 2022 Financial ResultsResults will be released August 8; Conference call scheduled for August 9 Principal Financial Group® (NASDAQ:PFG) announced today that it will release second quarter 2022 financial results 15 minutes after U.S. markets close on Monday, August 8, 2022. On Tuesday, August 9, 2022 at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides will be a
- Principal Financial Group® Closes Reinsurance TransactionCloses previously announced reinsurance transaction of its in-force U.S. retail fixed annuity and universal life insurance with secondary guarantee blocks with an affiliate of Sixth Street Affirms deployable proceeds of approximately $800 million when combined with other capital management transactions Transaction advances long-term strategy to focus on higher growth markets, improve capital efficiency, and return excess capital to shareholders Company to release second quarter 2022 financial results after market close on Monday, August 8, 2022, with a conference call on Tuesday, August 9, 2022 Principal Financial Group® (NASDAQ:PFG) announced today that it has successfully closed
- Principal Financial Group® Announces First Quarter 2022 ResultsCompany also announces common stock dividend Company Highlights First quarter 2022 net income attributable to Principal Financial Group®, Inc. (PFG) of $376 million, or $1.43 per diluted share. First quarter 2022 non-GAAP operating earnings1 of $429 million, or $1.63 per diluted share. Returned $891 million of capital to shareholders in first quarter, including $724 million in share repurchases and $167 million of common stock dividends. Company declared second quarter 2022 common stock dividend of $0.64 per share. Assets under management (AUM) of $714 billion managed by PFG, which is included in assets under administration (AUA) of $1.6 trillion. Principal Financial Group® (N
- Principal to Announce First Quarter 2022 Financial ResultsResults will be released April 28; Conference call scheduled for April 29 Principal Financial Group® (NASDAQ:PFG) announced today that it will release first quarter 2022 financial results 15 minutes after U.S. markets close on Thursday, April 28, 2022. On Friday, April 29, 2022 at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides will be a
- Principal Financial Group Announces 2022 OutlookPrincipal Financial Group® (NASDAQ:PFG) announced its 2022 financial guidance today, including strong growth from its refined business portfolio and $2.5-$3.0 billion of planned capital returned to shareholders. The guidance includes the expected impacts of the reinsurance transactions announced in January for the company's in-force U.S. retail fixed annuity and universal life insurance with secondary guarantee ("ULSG") blocks of business and additional transactions to improve capital efficiency. Dan Houston, chairman, president, and CEO, and Deanna Strable, CFO, will provide additional details and take questions along with other members of the Principal executive team during a conference
- Principal to Host 2022 Outlook Call on March 2Principal Financial Group® (NASDAQ:PFG) will release its outlook for 2022 on Wednesday, March 2, 2022. Dan Houston, chairman, president and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will host a conference call at 10:00 a.m. ET on March 2, 2022, to provide details on the company's outlook for 2022, including key earnings drivers and capital deployment. Houston, Strable and other members of the Principal executive management team will be available for a question and answer session during the conference call. A slide presentation will be posted to principal.com/investor prior to the start of the call. You can access the Wednesday, Marc
- Principal Financial Group® Announces Fourth Quarter and Full Year 2021 ResultsCompany also announces common stock dividend Company Highlights Fourth quarter 2021 net income attributable to Principal Financial Group®, Inc. (PFG) of $472 million, or $1.76 per diluted share. Full year 2021 net income attributable to PFG of $1.7 billion, or $6.27 per diluted share. Fourth quarter 2021 non-GAAP operating earnings1 of $498 million, or $1.85 per diluted share. Full year 2021 non-GAAP operating earnings of $1.8 billion, or $6.77 per diluted share. Assets under management (AUM) of $714 billion2 managed by PFG. Returned approximately $520 million of capital to shareholders in fourth quarter, including over $350 million in share repurchases and nearly $170 million of c
- Principal Financial Group® Announces Reinsurance Transaction, Increases Share Repurchase Authorization by $1.6 BillionAnnounces agreement to reinsure its in-force U.S. retail fixed annuity and universal life insurance with secondary guarantee blocks with an affiliate of Sixth Street Expects approximately $800 million of deployable proceeds upon close when combined with other capital management transactions Plans to return up to $4.6 billion of capital to shareholders between 2021 and 2022, including $2.5 billion to $3.0 billion in 2022 Advances long-term strategy to focus on higher growth markets, improve capital efficiency, and return excess capital to shareholders Principal Financial Group® (NASDAQ:PFG) today announced it has entered into an agreement with an affiliate of Sixth Street and its in
- Principal to Announce Fourth Quarter and Full Year 2021 Financial ResultsResults will be released February 7; Conference call scheduled for February 8 Principal Financial Group® (NASDAQ:PFG) announced today that it will release fourth quarter and full year 2021 financial results 15 minutes after U.S. markets close on Monday, February 7, 2022. On Tuesday, February 8, 2022 at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement
- Principal Financial Group® Announces Third Quarter 2021 ResultsCompany also announces increase to common stock dividend Company Highlights Third quarter 2021 net income attributable to Principal Financial Group®, Inc. (PFG) of $359.9 million, or $1.32 per diluted share. Third quarter 2021 non-GAAP operating earnings1 of $458.4 million, or $1.69 per diluted share. Assets under management (AUM) of $981.0 billion, including $688.1 billion managed by PFG. Returned $371.4 million of capital to shareholders in third quarter, including $203.2 million in share repurchases and $168.2 million of common stock dividends; deployed $1.1 billion year to date. Company declared fourth quarter 2021 common stock dividend of $0.64 per share; an 8 cent, or 14%, i
- Principal to Announce Third Quarter 2021 Financial ResultsResults will be released October 26; Conference call scheduled for October 27 Principal Financial Group® (NASDAQ:PFG) announced today that it will release third quarter 2021 financial results 15 minutes after U.S. markets close on Tuesday, October 26, 2021. On Wednesday, October 27, 2021 at 10 a.m. ET, Dan Houston, chairman, president, and chief executive officer, and Deanna Strable, executive vice president and chief financial officer, will discuss the results during a live conference call. Other members of senior management will be available for a question and answer session. Additional information about quarterly financial results, including the earnings release, supplement, and slides
- Principal Financial Group® Announces Second Quarter 2021 ResultsCompany also announces increase to common stock dividend Company Highlights Second quarter 2021 net income attributable to Principal Financial Group®, Inc. (PFG) of $361.8 million, or $1.32 per diluted share. Second quarter 2021 non-GAAP operating earnings1 of $467.3 million, or $1.70 per diluted share. Assets under management (AUM) of $990.4 billion. Company declared third quarter 2021 common stock dividend of $0.63 per share; a 7 cent, or 13%, increase over third quarter 2020. Principal Financial Group® (NASDAQ:PFG) announced results for second quarter 2021. Net income attributable to PFG for second quarter 2021 of $361.8 million, compared to $398.3 million for second qu