Principal Financial Q3 2021 Earnings Report
Key Takeaways
Principal Financial Group announced strong Q3 2021 results, with non-GAAP operating earnings of $458.4 million, or $1.69 per diluted share. The company returned $371.4 million of capital to shareholders and increased the common stock dividend by 14% over Q4 2020.
Net income attributable to Principal Financial Group was $359.9 million, or $1.32 per diluted share.
Non-GAAP operating earnings were $458.4 million, or $1.69 per diluted share.
Assets under management (AUM) reached $981.0 billion, with $688.1 billion managed by PFG.
Returned $371.4 million to shareholders through share repurchases and common stock dividends.
Principal Financial
Principal Financial
Forward Guidance
The company remains committed to returning $3 billion to shareholders between 2021 and 2022, excluding proceeds from any transactions resulting from the strategic review.