secwatch.observer — SEC 8-K summary
======================================

Issuer:     PRINCIPAL FINANCIAL GROUP INC (PFG)
CIK:        0001126328
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0001104659-23-007989
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Principal Financial Q4 GAAP net loss $10M; FY22 net income $4.8B; AUM $635B
---------------------------------------------------------------------------

- Full year 2022 net income $4.8B ($18.85 EPS) includes $3.3B from exited business; Q4 net loss $10M ($0.04 loss) includes $514M loss from exited business.
- Full year non-GAAP operating earnings $1.7B ($6.66 EPS); Q4 non-GAAP op earnings $422M ($1.70 EPS), down from $498M in Q4 2021.
- Deployed $2.8B capital in FY22 ($2.3B to shareholders); Q4 deployed $0.6B ($0.4B to shareholders).
- Declared Q1 2023 dividend $0.64/share (trailing twelve-month $2.56, up 2% YoY), payable Mar 31 to holders of record Mar 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126328/000110465923007989/0001104659-23-007989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126328/000110465923007989/tm234871d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-007989

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer