|
|
Principal Financial Group inc (NASDAQ: PFG) |
|
Price: $116.6800
$-1.83 
-1.544%
|
| Day's High:
| $118.25
| Week Perf:
| 5.92 %
|
| Day's Low: |
$ 115.82 |
30 Day Perf: |
1.1 % |
| Volume (M): |
1,501,896 |
52 Wk High: |
$ 121.18 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$95.40 |
| Open: |
$117.03 |
52 Wk Low: |
$77.90 |
|
|
| Market Capitalization (Millions $) |
25,705 |
| Shares
Outstanding (Millions) |
220 |
| Employees |
19,700 |
| Revenues (TTM) (Millions $) |
15,459 |
| Net Income (TTM) (Millions $) |
1,606 |
| Cash Flow (TTM) (Millions $) |
178 |
| Capital Exp. (TTM) (Millions $) |
4 |
Business Description
Principal Financial Group Inc.
Overview:
Principal Financial Group, Inc. is a long-established financial services organization that specializes in retirement savings, investment management, and insurance products. Founded in 1879 as an individual life insurer, Principal has evolved over the years, becoming a mutual insurance holding company in 1998. On April 18, 2001, the company was reorganized as a Delaware business corporation, marking a new chapter in its operational structure.
Core Services:
Principal offers a comprehensive range of services centered on asset management and accumulation. The companys key product offerings include:
1. Retirement Solutions: Principal is a significant provider of retirement savings plans, including 401(k) plans for businesses and their employees. The company has been consistently recognized as a leader in this sector.
2. Insurance Offerings:
- Life Insurance: Individual and group life insurance products are available to meet the needs of customers.
- Health Insurance: The company provides group health insurance options as well as ancillary health products.
- Disability Insurance: Principal offers both individual and group disability coverage.
3. Mortgage Banking: Principal engages in residential mortgage loan origination and servicing.
Market Focus:
Principal Financial Group primarily targets businesses of all sizes, focusing on retirement services and products that cater to both employees and employers. According to CFO magazine surveys, Principal was a leader in servicing 401(k) plans in the U.S. in 2002, and it held a significant market share in the small business sector (employers with fewer than 500 employees).
International Expansion:
Beyond the U.S. market, Principal is focused on international opportunities, particularly in defined contribution pension plans. The company believes that its expertise in serving U.S. pension plans gives it a unique competitive edge in countries transitioning to private sector defined contribution systems.
Operating Segments:
Principal organizes its operations into the following segments:
- U.S. Asset Management and Accumulation
- International Asset Management and Accumulation
- Life and Health Insurance
- Mortgage Banking
Additionally, there is a Corporate and Other segment that includes unallocated assets and activities that do not fall under the primary segments.
Competitive Landscape:
The financial services industry is characterized by intense competition across all segments, influenced by various factors including:
- Service levels and product features
- Pricing and commission structures
- Investment performance
- Distribution capacity
- Financial strength ratings and brand recognition
Key competitors in the retirement services market include major firms such as Fidelity, Nationwide, AXA, MassMutual, and Manulife.
Challenges and Opportunities:
- Retirement Services: Despite intense competition, Principal leverages its infrastructure and expertise to serve small and medium-sized businesses, which is a significant barrier to entry for competitors.
- Institutional Asset Management: This market is dominated by large players like J.P. Morgan Chase and T. Rowe Price, with many firms offering broader product arrays or stronger brand recognition.
- Variable Annuity Market: Principal faces strong competition from companies like Nationwide and Hartford as it seeks to expand its distribution channels for annuity products.
Life and Health Insurance: Competitors in this space include leading insurers such as UNUM, Guardian, and Blue Cross and Blue Shield organizations, which represent significant challenges to Principal’s market share.
Mortgage Banking: This segment is highly competitive, with Principal going head-to-head against other mortgage bankers and commercial banks like Wells Fargo.
Conclusion:
Overall, Principal Financial Group, Inc. has established itself as a comprehensive provider in the financial services sector with a strong emphasis on retirement solutions, asset management, and insurance products. The companys strategy centers on leveraging its historical expertise while addressing competitive pressures from both established players and emerging firms in a rapidly evolving marketplace.
Company Address: 711 High Street Zagreb 50392 City of Zagreb
Company Phone Number: 247-5111 Stock Exchange / Ticker: NASDAQ PFG
|
|
|
Customers Net Income grew by |
PFG's Customers Net Profit Margin grew to |
18.89 % |
14.09 %
|
|
|
|
|
|
|
|
| Stock Performances by Major Competitors |
|
|
|
| Business Update
Published Fri, Jul 18 2025 9:12 AM UTC
In a recent announcement, Principal Financial Group (Nasdaq: PFG) advised its shareholders to reject an unsolicited mini-tender offer from Potemkin Limited, which seeks to purchase up to 100,000 shares of the company s common stock. The offer price of $51.70 per share, representing about 0.0004 percent of Principal s total outstanding shares as of the offer date of July 1, 2...
|
| Stocks on the Move
Published Thu, Aug 15 2024 9:54 AM UTC
Principal Financial Group Inc Faces Headwinds Amid Mixed Quarterly PerformancePrincipal Financial Group Inc (PFG) continues to garner attention among investors, primarily due to its recent stock performance and its underwhelming quarterly earnings report. While the overall stock market saw gains of 3.26% last week, PFG shares have trailed behind, underperforming not just ag...
|
| Dividend
Published Fri, Jul 26 2024 7:17 AM UTC
DES MOINES, Iowa - Principal Financial Group (Nasdaq: PFG) has announced its financial results for the second quarter of 2024, showcasing a net income attributable to PFG of $353 million, or $1.49 per diluted share. Non-GAAP net income, excluding exited business, stood at $356 million, or $1.50 per diluted share. Additionally, non-GAAP operating earnings totaled $386 mi...
|
| Stocks on the Move
Published Wed, Jul 10 2024 6:08 AM UTC
Principal Financial Group Inc s Shares Underperform, While Customers See Minor GainsPrincipal Financial Group Inc, a leading global investment management and insurance company, has witnessed a disappointing performance in comparison to its customers over the past week. While its customers shares have experienced a minor decline of -0.02% for the week, Principal Financial Gr...
|
Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
7.27 $ |
| Revenues (TTM) |
70.17 $
|
| Cash Flow (TTM) |
0.81 $ |
| Cash |
120.07 $
|
| Book Value |
53.78 $
|
| Dividend (TTM) |
3.13 $ |
| Efficiency
|
Current |
| Revenue per Employee
(TTM) |
784,706 |
| Net
Income per Employee (TTM) |
81,497 |
| Receivable Turnover Ratio (TTM) |
- |
| Inventory Turnover Ratio (TTM) |
- |
| Asset Turnover Ratio (TTM) |
0.05 |
|
|
| Per Share |
|
| Earnings (TTM) |
7.27 $
|
| Revenues (TTM) |
70.17 $ |
| Cash Flow (TTM) |
0.81 $ |
| Cash |
120.07 $
|
| Book Value |
53.78 $ |
| Dividend (TTM) |
3.13 $ |
|
|
| |
| Universal life Benefits and Protection Life Insurance |
|
 15.26 % |
of total Revenue |
| Revenue And Profit Loss From To Consolidated pfg OperatingRevenueAndProfitLossFromSegmentsToConsolidatedLineItems |
|
99.62 % |
of total Revenue |
| Retirement and Income Solutions |
|
43.04 % |
of total Revenue |
| Principal Asset Management |
|
14.94 % |
of total Revenue |
| Benefits and Protection |
|
0.43 % |
of total Revenue |
| Corporate |
|
2.18 % |
of total Revenue |
| Inter-eliminations |
|
4.62 % |
of total Revenue |
| Inter-eliminations Retirement and Income Solutions |
|
0.08 % |
of total Revenue |
| Inter-eliminations Principal Asset Management |
|
2.29 % |
of total Revenue |
| Inter-eliminations Benefits and Protection |
|
0.07 % |
of total Revenue |
| Inter-eliminations Corporate |
|
2.18 % |
of total Revenue |
| Reconciling items |
|
9.34 % |
of total Revenue |
| Investment Management Principal Asset Management |
|
12.52 % |
of total Revenue |
| International Pension Principal Asset Management |
|
2.75 % |
of total Revenue |
| Specialty Benefits Benefits and Protection |
|
0.22 % |
of total Revenue |
| Life Insurance Benefits and Protection |
|
3.05 % |
of total Revenue |
| Principal Asset Management Eliminations Principal Asset Management |
|
-0.16 % |
of total Revenue |
| Benefits and Protection Specialty Benefits |
|
25.98 % |
of total Revenue |
| Benefits and Protection Specialty Benefits Administrative service fee revenue |
|
0.1 % |
of total Revenue |
| Benefits and Protection Life Insurance |
|
9.55 % |
of total Revenue |
| Benefits and Protection Life Insurance Administrative service fee revenue |
|
0.33 % |
of total Revenue |
| Principal Asset Management Investment Management |
|
13.21 % |
of total Revenue |
| Principal Asset Management Investment Management Management fee revenue |
|
11.29 % |
of total Revenue |
| Principal Asset Management Investment Management Other fee revenue |
|
1.08 % |
of total Revenue |
| Principal Asset Management International Pension |
|
6.32 % |
of total Revenue |
| Principal Asset Management International Pension Management fee revenue |
|
2.62 % |
of total Revenue |
| Principal Asset Management International Pension Other fee revenue |
|
0.11 % |
of total Revenue |
| Retirement and Income Solutions Administrative service fee revenue |
|
4.11 % |
of total Revenue |
| Retirement and Income Solutions Deposit account fee revenue |
|
0.1 % |
of total Revenue |
| Retirement and Income Solutions Commission income |
|
0.05 % |
of total Revenue |
| Corporate Other fee revenue |
|
0.79 % |
of total Revenue |
| Corporate Commission income |
|
3.64 % |
of total Revenue |
| Corporate Revenue by type - Eliminations |
|
-2.25 % |
of total Revenue |
| Segment Corporate |
|
3.96 % |
of total Revenue |
| Intersegment Elimination |
|
-9.34 % |
of total Revenue |
| Segment Retirement and Income Solutions |
|
96.35 % |
of total Revenue |
| Segment Principal Asset Management |
|
29.86 % |
of total Revenue |
| Segment Benefits and Protection |
|
0.87 % |
of total Revenue |
| Member |
|
44.12 % |
of total Revenue |
| Subsegment Investment Management |
|
26.59 % |
of total Revenue |
| Subsegment International Pension |
|
15.53 % |
of total Revenue |
| Subsegment Principal Asset Management Eliminations |
|
-0.33 % |
of total Revenue |
| Subsegment Specialty Benefits |
|
52.3 % |
of total Revenue |
| Subsegment Life Insurance |
|
19.33 % |
of total Revenue |
| |
On February 6 2025 the Principal Financial Group Inc provided following guidance
nnPrincipal Financial Group Inc. Provides Insights on 2024 Performance and 2025 Projectionsnn
nnDES MOINES, Iowann – Principal Financial Group (Nasdaq: PFG) has released its financial results for the full year and the fourth quarter of 2024. While the company has offered an overview of its performance, details concerning its projections for 2025 were also shared, though specific figures were not disclosed.
For the fourth quarter of 2024, the company reported diluted earnings per share of $6.68, marking a significant increase from $3.92 in the same quarter the previous year. The net income attributed to Principal Financial Group in Q4 2024 reached $905 million, which is up from $571 mill...
|
|
|
1.31%