Principal Financial Q1 net income $533M; raises dividend to $0.71

PRINCIPAL FINANCIAL GROUP INC

2024-Q1 EPS reported $2.22 revenue$4,053,300,000

Q1 net income $533M ($2.22 EPS); non-GAAP operating earnings $394M ($1.65 EPS).
Returned $362M to shareholders: $200M buybacks, $162M dividends in Q1.
Q2 dividend raised to $0.71/share (up 2¢); payable June 27, record June 3.
AUM $709B, AUA $1.6T; excess capital $1.4B.
CEO cited strong sales and reaffirmed 2024 outlook.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PRINCIPAL FINANCIAL GROUP INC reported first quarter 2024 results: net income $533 million, or $2.22 per diluted share. Guidance raised.

Period: first quarter 2024
Net income: $533 million, or $2.22 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

Net income attributable to Principal Financial Group (PFG) of $533 million, or $2.22 per diluted share

View on SEC.gov

1341 earnings releases filed in the last 30 days. Browse all earnings releases →

PRINCIPAL FINANCIAL GROUP INC filing history →

Source: SEC EDGAR

accession 0001104659-24-052069

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.