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Principal Financial Group, Inc. - PFG STOCK NEWS

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.

Rhea-AI Summary
Principal Financial Group® (Nasdaq: PFG) declares a 2% increase in the third quarter 2023 common stock dividend to $0.65 per share. Second quarter 2023 net income attributable to PFG of $389 million, or $1.58 per diluted share. AUM of $674 billion. Non-GAAP net income excluding income from exited business per diluted share of $1.32 for second quarter 2023. The company returned $255 million of capital to shareholders in the second quarter 2023.
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Principal Asset Management has launched the Focused Blue Chip ETF to meet the growing demand for active ETFs. The ETF will be managed by Principal Aligned and will focus on large-cap growth companies. The Principal Aligned team has over 20 years of experience and a long-term approach. The Focused Blue Chip ETF is part of Principal's 15 ETFs that aim to enhance investor returns and improve diversification.
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Principal Financial Group has joined the Portability Services Network (PSN), a consortium of retirement plan service providers. PSN aims to help under-served workers transfer their workplace retirement accounts when changing employers. Principal is a board member and one of seven owning members of PSN. The consortium plans to establish a digital hub connecting retirement plan recordkeepers and employers. The new service is expected to go live in early 2025.
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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 $84.7 as of November 21, 2024.

What is the market cap of Principal Financial Group (PFG)?

The market cap of Principal Financial Group (PFG) is approximately 19.4B.

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

19.35B
226.12M
1.04%
73.06%
1.05%
Asset Management
Accident & Health Insurance
Link
United States of America
DES MOINES