Deanna Strable, President and CEO of Principal, said, “Strong business fundamentals, continued growth, and positive markets generated strong earnings in 2024, and we delivered on our growth and financial targets. Our strategic focus on higher growth markets, combined with our integrated product portfolio and strong distribution relationships, continues to create value and drive growth for customers and shareholders. We returned $1.7 billion to shareholders in 2024, including $1.0 billion of share repurchases, delivering on our commitment to return excess capital to shareholders, while maintaining our strong capital position.”
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFG:
- PFG Earnings this Week: How Will it Perform?
- Principal Financial Reports $712.1 Billion in AUM
- Principal Financial initiated with a Market Perform at BMO Capital
- Principal Financial price target lowered to $69 from $75 at Wells Fargo
- Principal Financial price target lowered to $90 from $93 at Keefe Bruyette