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Principal Financial Group PFG Increase (Decrease) in Deposits

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Other financials

Income statement

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Revenue$3.9B+6.4%
Net income$403.4M-0.7%
EPS (diluted)$1.84+2.8%

Balance sheet

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Cash & equivalents$5.3B+43.7%
Total debt$4.3B+10.0%
Total equity$12.1B+6.4%
Total assets$352.75B+9.2%

Cash flow

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Operating cash flow$2.1B+156%

Valuation

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Market cap$24.59B+43.7%
Enterprise value$23.67B+36.0%
P/E15.8×+0.8×
P/S1.6×+0.4×

Profitability

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Net margin9.9%+2.4pp

Returns & leverage

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Return on equity13.2%+3.1pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Principal Financial Group in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeposits.

The source filing: Principal Financial Group’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 2:34 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088071
Line itemFor the six months ended / June 30, 2026For the six months ended / June 30, 2025
Net repayments of short-term borrowings(11.2)(11.6)
Investment contract deposits6,344.45,720.4
Investment contract withdrawals(5,457.0)(5,745.7)
Net increase in banking operation deposits467.532.3
Other(1.3)
Net cash provided by (used in) financing activities945.0(1,139.7)
Net increase (decrease) in cash and cash equivalents828.5(552.9)
Cash and cash equivalents at beginning of period4,431.04,211.9

Item 1. Financial Statements

FAQ

What is Principal Financial Group's increase (decrease) in deposits?
Principal Financial Group (PFG) reported increase (decrease) in deposits of $207.4M in Q2 2026.
How has Principal Financial Group's increase (decrease) in deposits changed year-over-year?
Principal Financial Group's increase (decrease) in deposits increased by 24.4% year-over-year, from $166.7M to $207.4M.
What is the long-term trend for Principal Financial Group's increase (decrease) in deposits?
Over 3 years (2021 to 2025), Principal Financial Group's increase (decrease) in deposits has grown at a -46.7% compound annual growth rate (CAGR), from $2.92B to $442.8M.

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