Business Context and Reporting Period
This Form 8-K is a Regulation FD disclosure filed by Principal Financial Group, Inc. on April 16, 2018. The report provides quarterly Assets Under Management (AUM) data as of March 31, 2018, prior to the release of the company's full quarterly earnings.
Key Financial Metrics
The filing discloses AUM figures by asset manager as of March 31, 2018:
- Principal Global Investors: $423.8 billion
- Principal International Other Entities: $173.8 billion (Includes Principal Life Insurance Company and Principal Bank)
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
The filing text does not provide comparative data for the prior period to determine material changes in AUM or other financial metrics.
Guidance, Outlook, and Risks
Management indicates that these AUM amounts will be presented again in the Company's financial supplement for the quarter ended March 31, 2018, expected to be posted on the investor relations website on or about April 26, 2018. No specific guidance, risks, contingencies, or unusual items are detailed in this specific report.
Investor Verification Checklist
- Verify the total AUM figures against the full quarterly earnings release and financial supplement expected around April 26, 2018.
- Confirm the composition of "Principal International Other Entities" to ensure accurate attribution of the $173.8 billion figure.
- Review the upcoming earnings release for revenue, profit, and liquidity metrics not included in this 8-K.