Principal Financial Group, Inc. (PFG) Q1 2025 Earnings Call Transcript

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Principal Financial Group, Inc. ( NASDAQ: PFG ) Q1 2025 Earnings Conference Call April 25, 2025 10:00 AM ET Company Participants Humphrey Lee - VP of IR Deanna Strable - CEO Joel Pitz - Interim CFO Kamal Bhatia - President and CEO, Principal Asset Management Chris Littlefield - President, Retirement and Income Solutions Amy Friedrich - President, Benefits and Protection Conference Call Participants Joel Hurwitz - Dowling & Partners Ryan Krueger - KBW Wilma Burdis - Raymond James Wes Carmichael - Autonomous Research Tom Gallagher - Evercore ISI Suneet Kamath - Jefferies Jack Matten - BMO Capital Markets Mike Ward - UBS Jimmy Bhullar - JPMorgan Securities Operator Good morning, and welcome to the Principal Financial Group First Quarter 2025 Financial Results Conference Call. There will be a question-and-answer period after the speakers have completed their prepared remarks.

[Operator Instructions] I would now like to turn the conference over to Humphrey Lee, Vice President of Investor Relations. Humphrey Lee Thank you, and good morning. Welcome to Principal Financial Group's First Quarter 2025 Earnings Conference Call.



As always, materials related to today's call are available on our website at investors.principal.com.

Following a reading of the safe harbor provision, CEO, Deanna Strable, and Interim CFO, Joel Pitz, will deliver some prepared remarks. We will then open the call for questions. Members of senior management are also available for Q&A.

Some of the comments made during this conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act. The company does not revise or update them to reflect new information, subsequent events or changes in strategy. Risks and uncertainties that could cause actual results to differ materially from those expressed or implied are discussed in the company's most recent annual report on Form 10-K filed by the company with the US Securities and Exchange.