
PFG's Revenues Rise 5% to $14.7B Amid Net Income Drop to $623M
Principal Financial Group IncDescription
What this story covers
Principal Financial Group’s 2023 10-K reveals 14 point 7 billion dollars revenues (up 5 percent), 623 million dollars net income (down 87 percent post-LDTI), and 1 point 58 trillion dollars AUM (up 7 percent). Diversified segments show resilience, with risks from rates and markets; strong liquidity and 450 percent RBC support growth.
Story snapshot
CompanyPrincipal Financial Group Inc
TickerPFG
VariantStandard detailed
Duration11:31
Filing type10-K
PeriodAnnual 2023
IndustryFinancial Services
Accession0001104659-24-025516
Full Story Script
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