Highest-materiality recent filing
Principal Financial Group issues $400M of 5.300% Senior Notes due 2037
Issued $400M aggregate principal amount of 5.300% Senior Notes maturing 2037.
Principal Financial Group shareholders elect directors, approve compensation and stock plan
Elected Class I directors: Auerbach, Beams, Carter-Miller, Mills, Muruzabal (each >131M votes for).
GAAP diluted EPS $1.93; non-GAAP operating EPS excl. sig. variances $2.17, up 13% YoY.
Principal Financial reports Q1 2026 AUM of $770.2B, down 1.2% from beginning period
Total AUM $770.2B as of March 31, 2026; $578.0B managed by Principal Asset Management - Investment Management.
Principal Financial Q4 2025 operating EPS $2.24 (ex-variances), raises dividend to $0.80
Full-year non-GAAP operating EPS excl sig. variances $8.55, up 12% YoY at high end of 9-12% target.
Principal Financial reports Dec 31, 2025 AUM of $781.0B
Total AUM $781.0B: $593.9B in Principal Asset Management - IM, $153.9B in International Pension.
Principal Financial Q3 non-GAAP operating EPS $2.32, up 13% YoY; raises dividend 8%
Non-GAAP operating EPS (excl. significant variances) $2.32, +13% YoY; GAAP EPS $0.95.
Principal Financial reports Q3 2025 AUM of $784.3B, managed by two segments
Total AUM of $784.3B as of September 30, 2025.
Deanna Strable elected Chair of Principal Financial Group, effective Sept 2, 2025
Deanna Strable (President & CEO) elected Board Chair, succeeding Dan Houston, who concludes board service.
Principal Financial Q2 EPS $1.79; raises dividend 8% YoY to $0.78; returns $320M
Diluted GAAP EPS $1.79, net income $406M; Non-GAAP operating EPS $2.16.
Principal warns of unsolicited mini-tender offer at 34.9% below market
Potemkin Limited offers $51.70/share for up to 100,000 shares, 34.91% below $79.43 close on June 30, 2025.
Principal Financial Q2 2025 AUM $752.7B, split between IM and Intl Pension
Total AUM as of June 30, 2025: $752.7 billion.
Principal Financial Group shareholders elect all Class III directors, pass say-on-pay
Elected H. Elizabeth Mitchell, Blair C. Pickerell, Clare S. Richer, Deanna D. Strable-Soethout as Class III directors for three-year terms.
Principal Financial names Joel Pitz as permanent CFO, effective May 19, 2025
Joel Pitz appointed Executive Vice President and CFO; he served as interim CFO since August 2024.
PFG Q1 2025 non-GAAP operating EPS $1.81, up 10% YoY; dividend raised to $0.76
GAAP diluted EPS $0.21; non-GAAP operating EPS $1.81; net income $48M, non-GAAP operating earnings $415M.
Principal Financial reports AUM of $717.9B as of March 31, 2025
Total AUM of $717.9B as of March 31, 2025.
Principal Financial exercises put, issues $400M 4.111% Senior Notes due 2028
Exercised put option under 2018 $400M P-Caps arrangement, issuing $400M aggregate principal of 4.111% Senior Notes due 2028.
Principal Financial closes $500M P-Caps issuance; secures $500M senior note facility
Closed $500M P-Caps issuance via High Street Funding Trust III in Rule 144A private placement.
Principal Financial Group plans to exercise 2028 put option, redeem $400M 2025 notes
Intends to exercise full put option under 2018 agreement to exchange $400M 4.111% senior notes for Treasury strips.
Full-year non-GAAP operating earnings $1,641M, or $6.97 per diluted share, up 11% ex-significant variances.
Principal Financial Group reports AUM of $712.1B as of Dec 31, 2024
Total AUM $712.1B, down from prior quarter: $559.1B in Investment Management, $124.3B in International Pension.
Deanna Strable, current President and COO, appointed CEO effective January 7, 2025; Houston becomes Executive Chairman.
Principal Financial Q3 net loss $220M on exited business; non-GAAP operating EPS $1.76
Net loss $220M ($0.95 diluted EPS) driven by exited business; non-GAAP net income ex. exited business $419M ($1.78).
Principal Financial reports Q3 2024 AUM of $740.6B; market performance 5.4%
Total AUM as of Sep 30, 2024: $740.6B ($541.0B managed by Principal Global Investors, $185.2B by Principal International).
Principal Financial Group appoints Deanna Strable as President and COO; Joel Pitz interim CFO
Deanna Strable, previously EVP & CFO since 2017, named President & COO effective Aug 20, 2024.
Principal Financial Q2 net income $353M ($1.49 EPS); dividend raised to $0.72
Net income attributable to PFG of $353M, $1.49 diluted EPS; non-GAAP operating earnings $386M ($1.63 diluted).
Principal Financial reports Q2 2024 AUM of $699.2B; $513.2B managed by Principal Global Investors
Total AUM $699.2B as of June 30, 2024, with $513.2B from Principal Global Investors and $171.1B from Principal International.
PFG shareholders elect four Class II directors, approve say-on-pay, ratify auditor at May 21 meeting
Elected Roger C. Hochschild, Daniel J. Houston, Diane C. Nordin, Alfredo Rivera as Class II directors for three-year terms.
Principal Financial Q1 net income $533M; raises dividend to $0.71
Q1 net income $533M ($2.22 EPS); non-GAAP operating earnings $394M ($1.65 EPS).
Principal Financial reports Q1 2024 AUM of $708.5B; down from prior quarter?
Total AUM as of March 31, 2024: $708.5 billion, with $513.5B managed by Principal Global Investors and $178.7B by Principal International.
Dwight Soethout, Vice President-Chief Actuary, is the spouse of Ms. Strable and has been an employee of the Company since 1993. Mr. Soethout has indicated his intention to retire from the Company.
Mr. Houston will continue to serve as Executive Chairman following his retirement from the role of Chief Executive Officer.
On August 20, 2024, the Board of Directors (the “ Board ”) of Principal Financial Group, Inc. (the “ Company ”) appointed Deanna Strable as President and Chief Operating Officer.
the Board appointed Joel Pitz as interim Chief Financial Officer (and he will also be serving as interim principal financial and accounting officer).
Max materiality 0.80 · Median 0.55 · Most common event other_material