{"id":900772,"date":"2025-10-27T16:39:17","date_gmt":"2025-10-27T20:39:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/principal-financial-group-announces-third-quarter-2025-results\/"},"modified":"2025-10-27T16:39:17","modified_gmt":"2025-10-27T20:39:17","slug":"principal-financial-group-announces-third-quarter-2025-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/principal-financial-group-announces-third-quarter-2025-results\/","title":{"rendered":"Principal Financial Group Announces Third Quarter 2025 Results"},"content":{"rendered":"

<\/p>\n

Principal Financial Group Announces Third Quarter 2025 Results<\/b><\/p>\n

\nRaises fourth quarter 2025 common stock dividend<\/p>\n

DES MOINES, Iowa–(BUSINESS WIRE<\/a>)–
\nPrincipal Financial Group\u00ae<\/sup> (Nasdaq: PFG) announced results for third quarter 2025.<\/p>\n\n\n\n\n\n
\n

Diluted earnings per common share<\/b><\/p>\n<\/td>\n

\n

3Q25<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

Net income attributable to PFG (in millions)<\/b><\/p>\n<\/td>\n

\n

3Q25<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nNet income attributable to PFG<\/p>\n<\/td>\n

\n

\n$0.95<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nNet income attributable to PFG<\/p>\n<\/td>\n

\n

\n$214<\/p>\n<\/td>\n<\/tr>\n

\n

\nNon-GAAP net income attributable to PFG, excluding exited business1<\/sup><\/p>\n<\/td>\n

\n

\n$2.06<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nNon-GAAP net income attributable to PFG, excluding exited business1<\/sup><\/p>\n<\/td>\n

\n

\n$466<\/p>\n<\/td>\n<\/tr>\n

\n

\nNon-GAAP operating earnings1<\/sup><\/p>\n<\/td>\n

\n

\n$2.10<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nNon-GAAP operating earnings1<\/sup><\/p>\n<\/td>\n

\n

\n$474<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n
\n\n\n\u00a0<\/td>\n<\/tr>\n
\n

Third Quarter 2025 Highlights<\/b><\/p>\n

    \n
  • \nNon-GAAP operating earnings per diluted share, excluding significant variances2<\/sup>, of $2.32 increased 13% over prior year quarter<\/p>\n<\/li>\n
  • \nReturned $398 million of capital to shareholders, including $225 million of share repurchases and $173 million of common stock dividends<\/p>\n<\/li>\n
  • \nRaised fourth quarter 2025 common stock dividend to $0.79 per share, a 1-cent increase over third quarter 2025, an 8% increase over fourth quarter 2024 and an 8% increase on a trailing twelve-month basis<\/p>\n<\/li>\n
  • \nAssets under management (AUM) of $784 billion, including $0.4 billion of net cash flow; assets under administration (AUA) of $1.8 trillion<\/p>\n<\/li>\n
  • \nStrong financial position with $1.6 billion of excess and available capital<\/p>\n<\/li>\n<\/ul>\n

    \n\u00a0<\/p>\n<\/td>\n

\u00a0<\/td>\n\u00a0<\/td>\n\n

Deanna Strable, Chair, President and CEO of Principal\u00ae<\/sup><\/b><\/p>\n

\n\u00a0<\/p>\n

\n\u201cRobust operating performance delivered strong EPS growth in the third quarter driving ROE to the top of our target range, underpinned by sound business fundamentals, enhanced margin performance, and strategic positioning in high-growth market segments. Sustained free cash flow enabled investments across value-creating business opportunities and shareholder distributions, while maintaining a strong capital position and financial flexibility.<\/p>\n

\n\u00a0<\/p>\n

\nBased on our year-to-date execution and continued business momentum, we remain confident in achieving our full-year guidance and advancing our strategic initiatives.”<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
\n

Third Quarter Enterprise Results<\/b>\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nIn millions except percentages, earnings per share, or otherwise noted\u00a0<\/p>\n<\/td>\n<\/tr>\n

\u00a0<\/td>\n<\/tr>\n
\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nThree Months Ended,<\/p>\n<\/td>\n

\n

\nTrailing Twelve Months,<\/p>\n<\/td>\n<\/tr>\n

\n

\n3Q25<\/p>\n<\/td>\n

\n

\n3Q24<\/p>\n<\/td>\n

\n

\n% Change<\/p>\n<\/td>\n

\n

\n3Q25<\/p>\n<\/td>\n

\n

\n3Q24<\/p>\n<\/td>\n

\n

\n% Change<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet income (loss) attributable to PFG<\/p>\n<\/td>\n

\n

\n$213.8<\/p>\n<\/td>\n

\n

\n$(220.0)<\/p>\n<\/td>\n

\n

\nN\/M<\/p>\n<\/td>\n

\n

\n$1,573.5<\/p>\n<\/td>\n

\n

\n$(206.1)<\/p>\n<\/td>\n

\n

\nN\/M<\/p>\n<\/td>\n<\/tr>\n

\n

\nNon-GAAP net income attributable to PFG, excluding exited business<\/p>\n<\/td>\n

\n

\n$465.6<\/p>\n<\/td>\n

\n

\n$419.1<\/p>\n<\/td>\n

\n

\n11%<\/p>\n<\/td>\n

\n

\n$1,550.8<\/p>\n<\/td>\n

\n

\n$1,450.8<\/p>\n<\/td>\n

\n

\n7%<\/p>\n<\/td>\n<\/tr>\n

\n

\nNon-GAAP operating earnings<\/p>\n<\/td>\n

\n

\n$473.7<\/p>\n<\/td>\n

\n

\n$412.0<\/p>\n<\/td>\n

\n

\n15%<\/p>\n<\/td>\n

\n

\n$1,825.6<\/p>\n<\/td>\n

\n

\n$1,632.9<\/p>\n<\/td>\n

\n

\n12%<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

Diluted earnings per common share<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet income (loss) attributable to PFG<\/p>\n<\/td>\n

\n

\n$0.95<\/p>\n<\/td>\n

\n

\n$(0.95)<\/p>\n<\/td>\n

\n

\nN\/M<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nNon-GAAP net income attributable to PFG, excluding exited business<\/p>\n<\/td>\n

\n

\n$2.06<\/p>\n<\/td>\n

\n

\n$1.78<\/p>\n<\/td>\n

\n

\n16%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nNon-GAAP operating earnings<\/p>\n<\/td>\n

\n

\n$2.10<\/p>\n<\/td>\n

\n

\n$1.76<\/p>\n<\/td>\n

\n

\n19%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nNon-GAAP operating earnings, excluding significant variances2<\/sup><\/p>\n<\/td>\n

\n

\n$2.32<\/p>\n<\/td>\n

\n

\n$2.05<\/p>\n<\/td>\n

\n

\n13%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nAssets under administration (billions)<\/p>\n<\/td>\n

\n

\n$1,792.5<\/p>\n<\/td>\n

\n

\n$1,691.0<\/p>\n<\/td>\n

\n

\n6%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nAssets under management (billions)<\/p>\n<\/td>\n

\n

\n$784.3<\/p>\n<\/td>\n

\n

\n$740.6<\/p>\n<\/td>\n

\n

\n6%<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nAUM net cash flow (billions)<\/p>\n<\/td>\n

\n

\n$0.4<\/p>\n<\/td>\n

\n

\n$(1.1)<\/p>\n<\/td>\n

\n

\nN\/M<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Third Quarter Segment Highlights3<\/sup><\/b><\/p>\n