Principal Financial Group Stock News

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) completed its acquisition of Beam Benefits effective today, September 1. As an employee benefits company serving more than 25,000 small businesses, Beam's scalable, digital-first capabilities complement the Principal Benefits and Protection business and will further enhance the customer and broker experience. “Our combi...

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced results for second quarter 2026. Diluted earnings per common share 2Q26   Earnings (in millions) 2Q26 Net income attributable to PFG $1.84   Net income attributable to PFG $403 Non-GAAP net income attributable to PFG, excluding exited business1 $2.44   Non-GAAP net income attributable to PFG, excluding exited ...

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today the expansion of its Principal® Custody Solutions Bank Referral Program to help address a common obstacle regional and community banks face when seeking an institutional trust and custody services partner. The complexity and operational demands of custody services often lead regional and community banks ...

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today an agreement to acquire Beam Benefits, an employee benefits company serving over 25,000 small businesses.“Beam Benefits' focus on serving the small business market aligns directly with our commitment to helping small and midsized businesses (SMBs) protect their businesses and their employees,” said Amy F...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “a” (Excellent) to Principal Financial Group, Inc.'s (PFG) (headquartered in Des Moines, IA) recently announced USD 400 million issuance of 5.3% senior unsecured notes due 2037. The outlook assigned to this Credit Rating (ratings) is stable. The proceeds from this debt issuance are expected to be used to cov...

DES MOINES, Iowa--(BUSINESS WIRE)--Against a backdrop of renewed inflationary pressure, escalating global conflict, and price volatility across energy and financial markets, U.S. business leaders have moved from early-year optimism to proceeding with greater caution as they work to maintain stability through ongoing uncertainty. The latest Principal Financial Well‑Being Index℠, a quarterly meas...

DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group® (Nasdaq: PFG) announced today Tim Brown will join the company as executive vice president, general counsel, and secretary, effective June 8, 2026. Brown will lead legal, government relations, and compliance, and serve as corporate secretary to the Principal® Board of Directors. “Tim is a proven leader with a track record of helping f...