Principal Financial Group reported its first quarter 2025 results, with non-GAAP operating earnings per diluted share increasing 10% year-over-year to $1.81. Excluding significant variances, non-GAAP operating earnings per diluted share also grew by 10% to $1.92. The company's total company operating revenues increased by 4% compared to the prior year quarter.
Net income attributable to PFG for the first quarter was $48.1 million, or $0.21 per share. Principal's assets under management (AUM) reached $717.9 billion by the end of the quarter, representing a 1% increase year-over-year. The Retirement and Income Solutions segment was a significant contributor, reporting an 8% increase in pre-tax operating earnings.
The company continued its commitment to shareholder returns by raising its common stock dividend for the second quarter of 2025 to $0.76 per share, maintaining the previous quarter's rate. This capital return strategy, combined with strong business fundamentals, positions Principal to deliver value despite a dynamic market environment.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.