PFG Stock Recent News

DES MOINES, Iowa--(BUSINESS WIRE)--Principal survey finds retirement savers are determined to recover after financial setbacks force them to reduce, pause, or withdraw contributions.

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset Management℠, the investment management unit of Principal Financial Group®, reached the final investor close on February 28 for its Principal Data Center Growth & Income Fund (the Fund), which is dedicated to the development of a portfolio of hyperscale data center projects across the United States. The Fund raised $3.64 billion, well in excess of the target from a diverse global investor base. This is the third discretionary data center-foc.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Principal Financial (PFG) have what it takes?

Principal Financial Group, Inc. (NASDAQ:PFG ) Q4 2024 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants Humphrey Lee – Vice President, Investor Relations Deanna Strable – Chief Executive Officer Joel Pitz – Interim Chief Financial Officer Kamal Bhatia – President and Chief Executive Officer-Principal Asset Management Chris Littlefield – President, Retirement and Income Solutions Amy Friedrich – President, Benefits and Protection Conference Call Participants Ryan Krueger – KBW Joel Hurwitz – Dowling & Partners Wilma Burdis – Raymond James Alex Scott – Barclays Jimmy Bhullar – JPMorgan Jack Matten – BMO Capital Markets John Barnidge – Piper Sandler Suneet Kamath – Jefferies Operator Good morning and welcome to the Principal Financial Group Fourth Quarter 2024 Financial Results and 2025 Outlook Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks.

PFG's Q4 results reflect reduced expenses, improved performances across Specialty Benefits, Benefits and Protection and Investment Management segments.

The headline numbers for Principal Financial (PFG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Principal Financial (PFG) came out with quarterly earnings of $1.94 per share, missing the Zacks Consensus Estimate of $1.95 per share. This compares to earnings of $1.83 per share a year ago.

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter 2024. Diluted earnings per common share 2024 4Q24   Net income attributable to PFG (in millions) 2024 4Q24 Net income attributable to PFG $6.68 $3.92   Net income attributable to PFG $1,571 $905 Non-GAAP net income attributable to PFG, excluding exited business1 $6.40 $1.53   Non-GAAP net income attributable to PFG, excluding exited business1 $1,505 $354 Non-GAAP operat.

The insurance industry is expected to benefit from rising premiums, growing demand and product redesign.