Principal Financial Group (PFG) Misses Q1 EPS by 3c

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Go back to Principal Financial Group (PFG) Misses Q1 EPS by 3c

Principal Financial Group® Announces First Quarter 2016 Results

April 28, 2016 4:16 PM EDT

Company Also Announces Increase to Common Stock Dividend

Company Highlights

First quarter 2016 operating earnings1 of $286.3 million, or $0.97 per diluted share; First quarter 2016 net income available to common stockholders of $368.0 million, or $1.25 per diluted share; Record assets under management (AUM) of $547.7 billion Return on equity2 of 13.4 percent Repurchased 2.3 million shares of common stock at an average price of $36.94 Company declares second quarter 2016 common stock dividend of $0.39 per share... More