Press release
Principal Financial Group® Announces Second Quarter 2025 Results
Raises third quarter 2025 common stock dividend DES MOINES, Iowa--(BUSINESS WIRE)-- Principal Financial Group® (Nasdaq: PFG) announced results for second
About this update from Principal Financial Group Inc
[{"type":"text","content":"\nRaises third quarter 2025 common stock dividend\n\n\n DES MOINES, Iowa--(BUSINESS WIRE)--\nPrincipal Financial Group® (Nasdaq: PFG) announced results for second quarter 2025.\n\n\n\n\nDiluted earnings per common share\n\n\n\n\n\n\n2Q25\n\n\n\n\n\n\n \n\n\n\n\n\n\nNet income attributable to PFG (in millions)\n\n\n\n\n\n\n2Q25\n\n\n\n\n\n\n\n\nNet income attributable to PFG\n\n\n\n\n\n\n$1.79\n\n\n\n\n\n\n \n\n\n\n\n\n\nNet income attributable to PFG\n\n\n\n\n\n\n$406\n\n\n\n\n\n\n\n\nNon-GAAP net income attributable to PFG, excluding exited business1\n\n\n\n\n\n\n$1.91\n\n\n\n\n\n\n \n\n\n\n\n\n\nNon-GAAP net income attributable to PFG, excluding exited business1\n\n\n\n\n\n\n$432\n\n\n\n\n\n\n\n\nNon-GAAP operating earnings1\n\n\n\n\n\n\n$2.16\n\n\n\n\n\n\n \n\n\n\n\n\n\nNon-GAAP operating earnings1\n\n\n\n\n\n\n$489\n\n\n\n\n\n\n\n\nSecond Quarter 2025 Highlights\n\n\nNon-GAAP operating earnings per diluted share, excluding significant variances2 of $2.07 increased 18% over prior year quarter\n\n\n\nReturned $320 million of capital to shareholders, including $150 million of share repurchases and $170 million of common stock dividends\n\n\n\nRaised third quarter 2025 common stock dividend to $0.78 per share, a 2-cent increase over the second quarter 2025 dividend, an 8% increase over third quarter 2024 dividend and an 8% increase on a trailing twelve-month basis\n\n\n\nAssets under management (AUM) of $753 billion, which is included in assets under administration (AUA) of $1.7 trillion\n\n\n\nStrong financial position with $1.4 billion of excess and available capital\n\n\n\n\n\n\nDeanna Strable, President and CEO of Principal®\n\n\n\n\n \n\n\n\n\n“Our continued focus on high-growth markets, competitive advantages, and execution led to strong EPS growth and continued ROE expansion in 2Q25, bringing ROE to the midpoint of our targeted range. We delivered on our commitment to return excess capital to shareholders, while maintaining our strong capital position.\n\n\n\n\n \n\n\n\n\nWe are well positioned to deliver on our full year enterprise outlook across our financial metrics and enter the second half of the year with momentum in our business and confidence in our strategy.”\n\n\n\n\n\n\n\n\n____________________\n\n\n\n1 Use of non-GAAP financial measures and their reconciliations to the most directly comparable GAAP measures ar...