United States

Principal Financial Group Inc PFG

NASDAQ Finance USD

Principal Financial Group, Inc. (PFG) is a global financial services company that provides a comprehensive range of retirement, asset management, and workplace benefits and protection solutions. The company serves businesses, individuals, and institutional clients, offering products such as defined contribution plans (including 401(k) and 403(b) plans), defined benefit plans, nonqualified executive benefit plans, individual variable annuities, registered index-linked annuities (RILAs), guaranteed investment contracts (GICs), and funding agreements. Its business model revolves around asset accumulation and management, generating revenue through fees for administrative and investment services, mortality and expense charges, and the spread between investment income earned and amounts credited to customers. PFG distributes its products through a captive retirement services sales force, affiliated financial representatives, and third-party broker-dealers, with a significant focus on the small and medium-sized business market.

Current Price USD 88.21
Daily Change +1.53%
Market Cap USD 19.38 B
Shares Outstanding 219.69 M
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