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Mar 31

Principal Financial Q1 2025 Earnings Report

Principal Financial Group reported modest earnings with steady revenue and positive adjusted EPS growth.

Key Takeaways

Principal Financial Group posted a net income of $48.1 million and revenue of $4.01 billion in Q1 2025, with strong adjusted EPS performance and continued capital returns despite market volatility.

Reported net income of $48.1 million for Q1 2025.

Adjusted EPS came in at $1.81, reflecting strong operational performance.

Total operating revenue was $4.01 billion for the quarter.

Strong capital return strategy with continued dividend growth and share repurchases.

Total Revenue
$4.01B
Previous year: $4.05B
-1.0%
EPS
$1.81
Previous year: $1.65
+9.7%
Assets Under Management
$718B
Previous year: $709B
+1.3%
Cash and Equivalents
$3.88B
Previous year: $1.4B
+176.8%
Total Assets
$313B
Previous year: $309M
+101294.0%

Principal Financial

Principal Financial

Principal Financial Revenue by Segment

Forward Guidance

Management expressed confidence in the business fundamentals, supported by diversified growth and continued capital returns, despite macroeconomic headwinds.

Positive Outlook

  • Strong adjusted EPS performance indicating solid core operations.
  • Growth in assets under management to $717.9B.
  • Disciplined capital management including dividends and buybacks.
  • Diversified revenue streams across segments.
  • Continued demand for retirement and benefit solutions.

Challenges Ahead

  • Reported EPS impacted by exited business and market volatility.
  • Net income declined significantly versus prior quarters.
  • Outflows exceeded inflows in asset management net cash flow.
  • Volatile market performance affecting AUM trends.
  • Certain international operations saw revenue compression.