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Jun 30, 2021
Principal Financial Q2 2021 Earnings Report
Principal Financial Group reported strong second-quarter results driven by its long-term strategy and improving macroeconomic conditions.
Key Takeaways
Principal Financial Group reported strong second quarter results with $467 million in non-GAAP operating earnings and net income of $361.8 million. The company saw strong performance in its global asset management business and successful integration of the retirement business from the Institutional Retirement and Trust acquisition.
Second quarter net income attributable to Principal Financial Group was $361.8 million, or $1.32 per diluted share.
Second quarter non-GAAP operating earnings were $467.3 million, or $1.70 per diluted share.
Assets under management (AUM) reached $990.4 billion.
The company declared a third quarter common stock dividend of $0.63 per share, a 13% increase over third quarter 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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