Company Profile For Principal Financial Group, Inc.

Principal Financial Group, Inc. (PFG.N) (New York Stock Exchange)

sector: Financials · industry: Investment Services ·

As of 12:27am IST

26.26USD

Price Change

+0.25

Percent Change

+0.96%

Analyst Recommendations

Overview

Principal Financial Group, Inc. (PFG) is a provider of retirement savings, investment and insurance products and services. The Company’s United States and international operations is engaged on the asset accumulation and asset management. In addition, the Company is also engaged in providing a range of individual and group life insurance, group health insurance, individual and group disability insurance and group dental and vision insurance. The Company operates in four business segments: U.S. Asset Accumulation, Global Asset Management, International Asset Management and Accumulation, and Life and Health Insurance.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Principal Financial Group, Inc.'s revenues decreased 14% to $6.62B. Net income applicable to Common increased 4% to $447.8M. Revenues reflect a decrease in income from premiums & other considerations and lower income from fees & other. Net income was offset by a decrease in dividend to policyholders, lower benefits, claims & settlement expenses and a fall in operating expenses.