Principal Financial Group, Inc. Reports Second Quarter Results

Principal Financial Group, Inc. PFG today announced results for second quarter 2010. The company reported net income available to common stockholders of $134.0 million, or $0.42 per diluted share for the three months ended June 30, 2010, compared to $150.3 million, or $0.52 per diluted share for the three months ended June 30, 2009. The company reported operating earnings of $203.5 million for second quarter 2010, compared to $200.5 million for second quarter 2009. Operating earnings per diluted share (EPS) for second quarter 2010 were $0.63 compared to $0.69 for the same period in 2009. Operating revenues for second quarter 2010 were $2,321.0 million compared to $2,335.8 million for the same period last year.