---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-111749"
form_type: "8-K"
ticker: "PFG"
cik: "0001126328"
company_name: "PRINCIPAL FINANCIAL GROUP INC"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T07:53:38.050436+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Principal Financial Q3 net income $1.25B ($5.10/sh); raises dividend to $0.67

## Summary
- Net income of $1,246M includes $702M from exited business; non-GAAP operating earnings $419.7M ($1.72/sh).
- Non-GAAP net income ex exited business $544.4M ($2.23/sh) vs $395.9M ($1.57/sh) in prior year.
- Quarterly dividend raised $0.02 to $0.67 per share; $356M returned to shareholders in Q3.
- AUM $651B; AUA $1.5T. Annual actuarial review reduced operating earnings by $5.6M ($0.02/sh).

## SEC filing metadata
- accession: 0001104659-23-111749
- form_type: 8-K
- ticker: PFG
- cik: 0001126328
- company_name: PRINCIPAL FINANCIAL GROUP INC
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126328/000110465923111749/0001104659-23-111749-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126328/000110465923111749/tm2329223d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-111749
- JSON: https://secwatch.observer/filing/0001104659-23-111749.json
- Plain text: https://secwatch.observer/filing/0001104659-23-111749.txt

## Key facts
- Earnings Releases
  PRINCIPAL FINANCIAL GROUP INC reported third quarter 2023 results: net income $1,246 million, or $5.10 per diluted share, EPS $5.10 per diluted share. Guidance raised.
  - Period: third quarter 2023
  - Net income: $1,246 million, or $5.10 per diluted share
  - EPS: $5.10 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1126328/000110465923111749/0001104659-23-111749-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.