Principal Financial Group Reports Strong Q2 2025 Results

Principal Financial ( (PFG) ) has released its Q2 earnings. Here is a breakdown of the information Principal Financial presented to its investors.

Principal Financial Group is a global financial services company specializing in retirement, insurance, and asset management solutions, with a strong focus on improving the financial well-being of individuals and businesses worldwide.

In its second quarter of 2025 earnings report, Principal Financial Group reported significant growth in key financial metrics, including a notable increase in non-GAAP operating earnings per share and a substantial return of capital to shareholders. The company also announced an increase in its quarterly dividend, reflecting its robust financial health.

The company achieved an 18% increase in non-GAAP operating earnings per diluted share, excluding significant variances, compared to the previous year. Principal Financial returned $320 million to shareholders, including $150 million in share repurchases and $170 million in dividends. The company’s assets under management reached $753 billion, contributing to its total assets under administration of $1.7 trillion. Principal Financial also reported a strong financial position with $1.4 billion in excess and available capital.

Segment-wise, the Retirement and Income Solutions division saw an 8% increase in transfer deposits, while Investment Management revenues grew by 6%, driven by higher management and performance fees. The Specialty Benefits segment reported an improved incurred loss ratio, and Life Insurance premiums grew by 5% over the previous year.

Looking ahead, Principal Financial Group’s management remains confident in its strategy and is well-positioned to meet its full-year financial outlook. The company enters the second half of the year with momentum and a commitment to maintaining its strong capital position while delivering value to shareholders.