Principal Financial's second quarter 2026 operating EPS grew 16% to $2.50, with Assets Under Management reaching $808 billion.

Principal Financial Group reported second quarter Non-GAAP operating earnings of $2.50 per share, a 16% increase from the prior year, surpassing analyst estimates. Total Assets Under Management (AUM) grew 7% year-over-year to $808 billion, driven by favorable market performance.

Key Highlights

• Non-GAAP operating earnings per diluted share increased 16% to $2.50, up from $2.16 in the prior-year quarter.
• Assets Under Management (AUM) grew 7% year-over-year to $808.0 billion, while Assets Under Administration (AUA) increased 9% to $1.9 trillion.
• The company returned $427 million to shareholders, consisting of $250 million in share repurchases and $177 million in dividends.
• Announced an 8% year-over-year increase in the quarterly common stock dividend to $0.84 per share.