8/1011 sources · 6 publishersUpdated Oct 27, 18:40 UTC
Principal Financial reports Q3 2026 earnings, raises dividend to $0.85 despite earnings miss
Principal Financial Group posted third‑quarter 2026 net income of $631.9 million, or $2.91 per diluted share on a GAAP basis and $2.22 on a non‑GAAP basis. Revenue was reported around $4.3 billion, though sources differ on the exact amount. The company increased its quarterly dividend to $0.85 per share and returned roughly $430 million to shareholders, while completing the Beam Benefits acquisition.
Why it matters
UBS cut its price target for PFG to $112 from $120, citing the earnings shortfall. The higher dividend and capital return provide immediate cash to investors despite the miss.
Key facts
- 1GAAP earnings per diluted share were $2.91. tradingview.com
- 2Non‑GAAP earnings per diluted share were $2.22. tradingview.com
- 3Net income attributable to PFG was $631.9 million. tradingview.com
- 4Revenue was reported as $4.62 billion. finance.yahoo.com
- 5Revenue was reported as $4.27 billion. investing.com
- 6Assets under management totaled $785 billion. tradingview.com
Open questions
- Revenue figure differs: $4.62 billion versus $4.27 billion.
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.