{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-014640","form_type":"8-K","ticker":"PFG","cik":"0001126328","company_name":"PRINCIPAL FINANCIAL GROUP INC","filed_at":"2024-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.463222+00:00","generated_at":"2026-06-06T04:09:13.599599+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Principal Financial Q4 net loss $872M on exited business; raises dividend, $1.5B buyback","bullets":["Q4 2023 net loss $872M ($3.66 diluted) includes $1,171M loss from exited business; full year net income $623M ($2.55 diluted).","Full year 2023 non-GAAP operating EPS $6.55, up from $6.34; Q4 operating EPS $1.83, up from $1.58 YoY.","Raises Q1 2024 dividend to $0.69/share; Board approves new $1.5B share repurchase authorization.","AUM $695B, AUA $1.6T; 2024 outlook: 9-12% operating EPS growth, 75-85% free cash flow conversion, $1.5-$1.8B capital deployment.","Returned $1.3B capital to shareholders in 2023, including $0.4B in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-014640","json":"https://secwatch.observer/filing/0001104659-24-014640.json","markdown":"https://secwatch.observer/filing/0001104659-24-014640.md","text":"https://secwatch.observer/filing/0001104659-24-014640.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1126328/000110465924014640/0001104659-24-014640-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1126328/000110465924014640/tm245919d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:09:13.599599+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f8031c4d176a0f5ad9a63889bb40188edfa3056a","claim":"PRINCIPAL FINANCIAL GROUP INC reported full year and fourth quarter 2023 results: net income Full year 2023 net income attributable to Principal Financial Group ® , Inc. (PFG) 1 of $623 million, or $2.55 per dilut, EPS Full year 2023 net income attributable to Principal Financial Group ® , Inc. (PFG) 1 of $623 million, or $2.55 per dilut. Guidance reaffirmed.","evidence_excerpt":"On February 12, 2024, Principal Financial Group, Inc. publicly announced information regarding its results of operations and financial condition for the quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1126328/000110465924014640/0001104659-24-014640-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year and fourth quarter 2023"},{"label":"Net income","value":"Full year 2023 net income attributable to Principal Financial Group ® , Inc. (PFG) 1 of $623 million, or $2.55 per dilut"},{"label":"EPS","value":"Full year 2023 net income attributable to Principal Financial Group ® , Inc. (PFG) 1 of $623 million, or $2.55 per dilut"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}