Business Context and Reporting Period
This Form 8-K filing by Principal Financial Group, Inc. serves as a Regulation FD disclosure dated October 18, 2016. The report provides Assets Under Management (AUM) data by asset manager for the quarter ended September 30, 2016, prior to the release of the company's quarterly earnings.
Key Financial Metrics
The filing focuses exclusively on AUM figures and does not provide data on revenue, profit, cash flow, margins, debt, or liquidity.
- Principal Global Investors AUM: $397.3 billion
- Principal International and Other Entities AUM: $141.0 billion
- Total Reported AUM: $538.3 billion
Note: "Other Entities" include Principal Life Insurance Company and Principal Bank.
Material Changes
The filing text does not provide comparative data for prior periods; therefore, material changes versus the prior comparable period cannot be determined from this document.
Guidance, Outlook, and Risks
The filing states that these AUM amounts will be consistent with the format presented in the Company's financial supplement for the quarter ended September 30, 2016. That supplement is scheduled to be posted to the investor relations website on or about October 27, 2016. No specific guidance, management commentary, risks, or contingencies are detailed in this report.
Investor Verification Checklist
- Verify the total AUM figures against the upcoming financial supplement expected on October 27, 2016.
- Confirm the breakdown of AUM between Principal Global Investors and Principal International/Other Entities in the full earnings release.
- Review the full quarterly earnings report for revenue, profit, and liquidity metrics absent from this 8-K.