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Dec 31, 2022
Principal Financial Q4 2022 Earnings Report
Principal Financial Group announced Q4 2022 results, reporting non-GAAP operating earnings of $422 million and returning approximately $2.3 billion to shareholders in 2022.
Key Takeaways
Principal Financial Group reported strong financial results for Q4 2022, with non-GAAP operating earnings of $422 million. The company returned approximately $2.3 billion to shareholders in 2022, demonstrating a commitment to returning excess capital. The company is focused on higher growth markets and improved capital efficiency.
Generated over $1.7 billion of non-GAAP operating earnings for the full year 2022, including $422 million in the fourth quarter.
Returned approximately $2.3 billion to shareholders in 2022.
Company remains in a strong financial position with the financial flexibility, discipline, and experience to manage through continued macroeconomic uncertainty.
Company has de-risked its portfolio, reduced balance sheet risk, and the business is less capital intensive.
Forward Guidance
No specific forward guidance was found in the provided document.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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