Oct 26, 4:01 PM ET
Principal Financial Group reported third quarter 2026 results, with GAAP net income attributable to PFG of $631.9 million, or $2.91 per diluted share, up from $213.8 million a year earlier. Non-GAAP operating earnings per diluted share rose 6% to $2.22, but non-GAAP net income excluding exited business fell 24% to $354.8 million, and results include a $276.7 million pre-tax loss from the disposition of its Chilean annuities business. The company also raised its fourth quarter common stock dividend to $0.85 per share.
- GAAP net income attributable to PFG was $631.9 million, or $2.91 per diluted share, versus $213.8 million, or $0.95, in third quarter 2025; the company cites a $276.7 million pre-tax loss on the Chilean annuities disposition.
- Non-GAAP operating earnings per diluted share were $2.22, up 6% from $2.10; excluding significant variances, it was $2.49, up 7% from $2.32.
- Non-GAAP net income attributable to PFG, excluding exited business, was $354.8 million, down 24% from $465.6 million.
- Fourth quarter 2026 common stock dividend of $0.85 per share, a one-cent increase, payable December 18, 2026 to holders of record as of December 2, 2026.
Read the filing on SEC.gov ↗
Oct 19, 4:01 PM ET
Principal Financial Group disclosed that its assets under management were $785.0 billion as of September 30, 2026, ahead of its quarterly earnings release. The filing reports an approximate 1.5% negative impact on AUM for the quarter from currency, market performance, disposals and other items, and does not report revenue, profit or guidance.
- Total AUM was $785.0 billion as of September 30, 2026
- Principal Asset Management - Investment Management managed $581.7 billion; International Pension managed $166.2 billion
- Quarter's combined impact on beginning AUM was an approximate 1.5% negative, including $2.2 billion of disposed AUM from the sale of the Chile annuity business
- Full AUM detail is scheduled for the financial supplement on or about October 26, 2026
Read the filing on SEC.gov ↗
Sep 9, 5:36 PM ET
Principal Financial Group and two subsidiaries entered into an amended and restated five-year credit facility with Wells Fargo as administrative agent, refinancing the company's existing revolving facility dated October 18, 2022. The facility allows borrowing of up to $900 million, with a commitment termination date of September 9, 2031, and no borrowings are currently outstanding; this is a routine financing update with no new debt drawn.
- Facility allows borrowing of up to $900 million, expandable to a maximum of $1.3 billion subject to conditions
- Commitment termination date of September 9, 2031, with up to two 1-year extensions
- No borrowings outstanding under the facility as of filing
- Financial covenants include minimum Statutory Surplus of $2,885,208,297 and Total Debt to Total Capital ratio not exceeding 35%
Read the filing on SEC.gov ↗
Jul 27, 4:10 PM ET
Principal Financial Group reported second quarter 2026 results, with non-GAAP operating earnings per diluted share up 16% to $2.50 and GAAP net income attributable to PFG slightly lower at $403.4 million. The company also announced a third quarter dividend of $0.84 per share, up $0.02 from the prior quarter and 8% above the prior year quarter, which gives shareholders a higher cash payout.
- Non-GAAP operating earnings per diluted share were $2.50, up from $2.16 a year earlier; excluding significant variances, it was $2.42, up 17%.
- GAAP net income attributable to PFG was $403.4 million, down 1% from $406.2 million, while GAAP diluted EPS rose 3% to $1.84.
- The company returned $427 million to shareholders in the quarter, including $250 million of share repurchases and $177 million of common stock dividends.
- The third quarter dividend of $0.84 per share is payable September 25, 2026, to holders of record as of September 3, 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.