secwatch.observer — SEC 8-K summary
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Issuer:     PRINCIPAL FINANCIAL GROUP INC (PFG)
CIK:        0001126328
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001104659-23-051370
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Principal Financial Q1 net loss $140M ($0.58/shr) includes $487M exited business loss; non-GAAP op earnings $367M
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- Net loss $140M ($0.58/shr) includes $487M exited business loss; non-GAAP net income ex-exited business $346.9M ($1.40/shr), up from $1.28 YoY.
- Non-GAAP operating earnings $366.8M, $1.48/shr vs $397.2M, $1.51/shr in Q1 2022.
- Returned $306M to shareholders in Q1; AUM $660B, AUA $1.5T, net cash flow $600M.
- Declared Q2 2023 dividend $0.64/shr, payable June 30, 2023 to holders of record June 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126328/000110465923051370/0001104659-23-051370-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126328/000110465923051370/tm2313877d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-051370

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