More on Principal Financial results

|About: Principal Financial Grou... (PFG)|By:, SA News Editor

Q2 operating earnings of $323.1M or $1.08 per share vs. $271.4M and $0.91 one year ago. Dividend of $0.34 per share is up 6% from Q1.

ROE of 13.3% up 290 basis points from one year ago.

1.3M shares repurchased during Q2 at average price of $47.08 each. Book value per share, excluding AOCI, of $31.52 up 6%. Capital deployment is expected to be at the high end of the previously stated $500M-$700M range.

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Previously: Principal Financial Group beats by $0.02, beats on revenue

PFG flat on the session