Principal Financial Q3 2020 Earnings Report
Key Takeaways
Principal Financial Group reported a net income attributable to Principal Financial Group, Inc. of $236.0 million, or $0.85 per diluted share, and non-GAAP operating earnings of $234.5 million, or $0.85 per diluted share for the third quarter of 2020. The company's assets under management (AUM) reached $731.3 billion.
Net income attributable to Principal Financial Group® was $236.0 million, or $0.85 per diluted share.
Non-GAAP operating earnings were $234.5 million, or $0.85 per diluted share.
Annual actuarial assumption review reduced net income by $118.2 million, or $0.43 per diluted share, and non-GAAP operating earnings by $113.1 million, or $0.41 per diluted share.
Assets under management (AUM) reached $731.3 billion.
Principal Financial
Principal Financial
Forward Guidance
The company will consider all capital deployment options to further increase long-term shareholder value.