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Mar 31, 2022
Principal Financial Q1 2022 Earnings Report
Principal Financial Group reported a solid start to the year, driven by strong underlying fundamentals and a focus on growth drivers, despite market volatility and geopolitical uncertainty.
Key Takeaways
Principal Financial Group announced first quarter 2022 results, reporting non-GAAP operating earnings of $429 million and generating $3 billion of positive net cash flow. The company returned nearly $900 million to shareholders and is on track to achieve its target of $2.5 - $3.0 billion in 2022.
Strong underlying fundamentals drove a solid start to the year.
The company delivered non-GAAP operating earnings of $429 million.
Principal Financial Group generated $3 billion of positive net cash flow.
Nearly $900 million was returned to shareholders.
Forward Guidance
The company provided forward-looking statements regarding non-GAAP operating earnings, net income attributable to PFG, net cash flow, realized and unrealized gains and losses, capital and liquidity positions, sales and earnings trends, and management’s beliefs, expectations, goals and opinions.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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