Third Quarter 2017 Earnings Highlights

  • Operating earnings of $374 million and operating earnings per diluted share of $1.28
  • Record assets under management of $656 billion, including $5 billion of net cash flow in third quarter 2017
  • Strong investment performance continues with 89% of investment options1 in the top two Morningstar quartiles on a five-year basis
  • Deployed $191 million of capital in third quarter 2017 through common stock dividends, share repurchases, and increased ownership in a PGI boutique
  • Announced a fourth quarter 2017 dividend of $0.49 per share, a 14% increase over fourth quarter 2016
1 Represents the percentage of Principal actively managed mutual funds, exchange traded funds (ETFs), insurance separate accounts, and collective investment trusts (CITs) in the top two Morningstar quartiles. Excludes Money Market, Stable Value, Liability Driven Investment (Short, Intermediate, and Extended Duration), and U.S. Property Separate Account.