Welcome to our dedicated page for Principal Financial Group news (Ticker: PFG), a resource for investors and traders seeking the latest updates and insights on Principal Financial Group stock.
Principal Financial Group, Inc. (PFG) is a global leader in investment management, offering a broad range of financial products and services to individuals, businesses, and institutional clients. Headquartered in Des Moines, Iowa, Principal is dedicated to enhancing the financial well-being of its clients through innovative retirement, insurance, and asset management solutions.
Core Business Segments:
- Retirement and Income Solutions: Principal provides comprehensive retirement planning services, helping clients secure their financial future through personalized retirement strategies.
- Principal Global Investors: This segment manages assets across a range of sectors, providing investment expertise and solutions to institutional clients worldwide.
- Principal International: Operating outside the U.S., this segment delivers financial services tailored to meet the diverse needs of global clients.
- United States Insurance Solutions: Principal offers a variety of insurance products, including life insurance, annuities, and disability insurance, aimed at protecting clients' financial health and stability.
Principal Financial Group's commitment to innovation and client-centric solutions is reflected in its recent achievements and ongoing projects. The company continuously adapts to the evolving financial landscape, ensuring it meets the needs of clients of all income levels and portfolio sizes. With a strong emphasis on diversity, equity, and inclusion, Principal is an affirmative action and equal opportunity employer, actively participating in the E-Verify program.
Financially, Principal generates substantial revenue from premiums, underlining its robust market position. As the company expands its global footprint, it remains focused on delivering real-life solutions that drive financial progress for its clients.
For the latest updates on Principal Financial Group's performance and developments, visit their official website or follow their news releases.
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Principal Financial Group welcomes Pi515 to its global headquarters through a lease providing the Des Moines tech-focused nonprofit in-kind office space. This move demonstrates Principal's commitment to expanding access and adding youthful energy to the downtown core. Pi515 will operate rent-free, allowing them to focus financial resources on their mission and provide a well-equipped space to help prepare students for career opportunities in the emerging digital workforce.
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Principal Financial Group (Nasdaq: PFG) announces retirement of Pat Halter after 40 years with the company and the appointment of Kamal Bhatia as the incoming president and CEO of Principal Asset Management, effective February 10, 2024.
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Principal Financial Group (PFG) and the Los Angeles Athletic Club Announce New Presenting Sponsorship for Collegiate Basketball Players
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Principal Financial Group (PFG) reports changing retirement views and priorities among employees as more Americans turn 65 in 2024 than any year before.
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Principal Financial Group (PFG) will release its Q4 and full year 2023 financial results and outlook for 2024 on February 12, 2024, followed by a conference call on February 13, 2024. Dan Houston, chairman, president, and CEO, and Deanna Strable, EVP and CFO, will discuss the results and outlook. The earnings release, financial supplement, and slides will be available at investors.principal.com. The conference call can be accessed via live webcast or telephone, with a replay available on the website.
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Principal Asset Management has been named a Best Place to Work in Money Management among the largest employers by Pensions & Investments for the 12th consecutive year. With approximately $506.9 billion in total assets under management, Principal Asset Management is the 27th largest manager of institutional assets in the world. The recognition highlights the company's commitment to the employee experience and positive culture.
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Principal Asset Management Receives 4-Star GRESB Rating for US and European Real Estate Strategies
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OneDigital and Principal Financial Group have collaborated to offer Simply Retirement by Principal® to OneDigital clients, a low-cost, easy-to-use 401(k) solution designed for businesses with fewer than 100 employees.
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Principal Financial Group announces the appointment of Pablo Sprenger as EVP and President of Principal Latin America. Sprenger will lead teams across Chile, Brazil, and Mexico, overseeing pension and asset management operations, sales and distribution, and growth strategies. Sprenger brings over 20 years of industry experience and will work closely with important partners in the region. He will be based in Santiago, Chile.
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Principal Financial Group® (Nasdaq: PFG) announced its third quarter 2023 results, reporting net income of $1.2 billion and non-GAAP operating earnings of $420 million. The company also raised its fourth quarter 2023 common stock dividend by $0.02 to $0.67 per share. Assets under management (AUM) reached $651 billion.
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FAQ
What is the current stock price of Principal Financial Group (PFG)?
The current stock price of Principal Financial Group (PFG) is $82.62 as of January 27, 2025.
What is the market cap of Principal Financial Group (PFG)?
The market cap of Principal Financial Group (PFG) is approximately 18.8B.
What services does Principal Financial Group offer?
Principal Financial Group provides retirement planning, insurance, and asset management services to individuals, businesses, and institutional clients.
Where is Principal Financial Group headquartered?
Principal Financial Group is headquartered in Des Moines, Iowa.
What are the main business segments of Principal Financial Group?
The main business segments are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions.
How does Principal Financial Group generate revenue?
Principal Financial Group generates substantial revenue from premiums, particularly through its insurance solutions.
Is Principal Financial Group an equal opportunity employer?
Yes, Principal Financial Group is an affirmative action and equal opportunity employer, actively participating in the E-Verify program.
What is the focus of Principal Global Investors?
Principal Global Investors focuses on managing assets across various sectors, providing investment expertise and solutions to institutional clients worldwide.
Does Principal Financial Group operate internationally?
Yes, Principal Financial Group operates internationally through its Principal International segment, offering tailored financial services to global clients.
What types of insurance products does Principal offer?
Principal offers life insurance, annuities, and disability insurance to protect clients' financial well-being.
How can I stay updated with the latest news from Principal Financial Group?
Visit the official website of Principal Financial Group or follow their news releases for the latest updates.
Who can benefit from Principal Financial Group's services?
Clients of all income levels and portfolio sizes can benefit from Principal Financial Group's tailored financial solutions.
Principal Financial Group, Inc.
Nasdaq:PFG
PFG Rankings
PFG Stock Data
18.81B
226.17M
1.01%
73%
1.37%
Asset Management
Accident & Health Insurance
United States of America
DES MOINES