Intel stock extends gains after report of possible U.S. government stake
Principal Financial Group, Inc. (NASDAQ:PFG) reported Wednesday that its assets under management totaled $752.7 billion as of June 30, 2025. The disclosure was made in advance of the company’s upcoming quarterly earnings release, according to a statement filed with the Securities and Exchange Commission.
Of the total assets, $579.6 billion are managed by Principal Asset Management – Investment Management, while $143.4 billion are managed by Principal Asset Management – International Pension.
The company stated that its non-U.S. reported assets under management are translated to U.S. dollar equivalents using end of reporting period spot foreign exchange rates. Principal Financial Group delivers its products and services through a network of focused investment teams with allocations in small, mid-cap, international, and REIT products in equity assets under management, as well as high yield and preferred securities in fixed income assets under management.
The company noted that the reported figures will be presented again in its financial supplement for the quarter ended June 30, 2025, which is expected to be posted to its investor relations website on or about July 28, 2025.
This information is based on a press release statement included in the company’s SEC filing.
In other recent news, Principal Financial Group reported its first-quarter earnings for 2025, which fell short of analyst expectations. The company announced earnings per share of $1.81, missing the forecasted $1.89, and revenues of $4 billion, below the expected $4.06 billion. Despite the earnings miss, the company highlighted a 10% year-over-year increase in EPS. Additionally, Principal Financial appointed Joel Pitz as the new executive vice president and chief financial officer, succeeding Deanna Strable, who became president and CEO earlier this year. During its annual shareholders meeting, Principal Financial confirmed the election of four Class III directors and approved executive compensation. The company also ratified the appointment of its independent registered public accountants. These developments reflect Principal Financial’s ongoing efforts to align its financial strategy with business goals and ensure continued growth.
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