PFG Stock Recent News

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) today announced the appointment of Joel Pitz as executive vice president and chief financial officer, effective immediately. Pitz steps into the role after 30 years with Principal and brings extensive experience in successfully aligning financial strategy to business goals. “Joel has demonstrated strong leadership throughout his time at Principal and during his tenure as interim CFO which will continue to serve the comp.

CHARLOTTE, N.C. , May 19, 2025 /PRNewswire/ -- Deriva Energy, LLC, a leader in clean power generation, operations and development, today announced that it has completed a $127 million debt financing for a portfolio of two operating energy assets.

Better pricing, product redesigns, technological advancements and improving inflation are expected to aid multiline insurers like MET, AIG, PFG, EG and AIZ.

Principal Financial Group offers solid business diversification and global reach but lacks a clear competitive advantage over peers in any segment. PFG valuation appears fair, with shares trading near historical averages and limited upside potential given current growth and profitability levels. The dividend yield of 3.7% is attractive and supported by strong cash flow and capital returns, but overall return prospects remain modest.

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 ) Q1 2025 Earnings Conference Call April 25, 2025 10:00 AM ET Company Participants Humphrey Lee - VP of IR Deanna Strable - CEO Joel Pitz - Interim CFO Kamal Bhatia - President and CEO, Principal Asset Management Chris Littlefield - President, Retirement and Income Solutions Amy Friedrich - President, Benefits and Protection Conference Call Participants Joel Hurwitz - Dowling & Partners Ryan Krueger - KBW Wilma Burdis - Raymond James Wes Carmichael - Autonomous Research Tom Gallagher - Evercore ISI Suneet Kamath - Jefferies Jack Matten - BMO Capital Markets Mike Ward - UBS Jimmy Bhullar - JPMorgan Securities Operator Good morning, and welcome to the Principal Financial Group First Quarter 2025 Financial Results Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks.

PFG's Q1 earnings reflect higher revenues and operating earnings across most of the segments and improved assets under management, offset by higher expenses.

The headline numbers for Principal Financial (PFG) give insight into how the company performed in the quarter ended March 2025, 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 $1.81 per share, missing the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.65 per share a year ago.

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for first quarter 2025. Diluted earnings per common share 1Q25   Net income attributable to PFG (in millions) 1Q25 Net income attributable to PFG $0.21   Net income attributable to PFG $48 Non-GAAP net income attributable to PFG, excluding exited business1 $1.31   Non-GAAP net income attributable to PFG, excluding exited business1 $299 Non-GAAP operating earnings1 $1.81   Non-GAAP operating earnings1 $.