Principal Financial Group Q1 Profit Rises

(RTTNews) - Principal Financial Group (PFG) on Thursday reported first-quarter net income of $424.6 million or $1.93 per share, compared to $48.1 million or $0.21 per share last year.

Adjusted net income for the period was $320.5 million or $1.45 per share, compared to $299.4 million or $1.31 per share last year.

Adjusted operating earnings for the quarter were $456.1 million or $2.07 per share, compared to $414.5 million or $1.81 per share last year.

Adjusted operating earnings were $478.8 million or $2.17 per share, compared to $439.2 million or $1.92 per share last year.