AllianceBernstein earnings rise 2.3% to $0.88 per unit
Key points
- AllianceBernstein Holding (NYSE:AB) reported third-quarter 2026 adjusted earnings of $0.88 per unit, up 2.3% year over year and 7.3% sequentially.
- Net inflows reached $6.6 billion, compared with $0.8 billion in the second quarter and $2.3 billion in outflows a year earlier.
- The company declared a distribution of $0.88 per unit, payable November 19, 2026, while assets under management stood at $900.4 billion.
AllianceBernstein Holding (NYSE:AB) reported third-quarter 2026 adjusted earnings of $0.88 per unit, up 2.3% year over year, as net revenues increased 7.8% to $1.226 billion.
Adjusted earnings also rose 7.3% from the previous quarter, while GAAP earnings remained unchanged at $0.79 per unit compared with the third quarter of 2025.
The company reported net inflows of $6.6 billion, compared with $0.8 billion in the second quarter and $2.3 billion in net outflows a year earlier.
Operating income fell 12% to $249.5 million, while operating margin declined to 21.9%.
Elsewhere, adjusted operating income increased 0.1% to $302.7 million.
Ending assets under management totaled $900.4 billion, up 4.7% year over year but down 0.6% sequentially, while private markets assets reached $105 billion, exceeding the upper end of the company's 2027 target range.
AllianceBernstein Holding also declared a distribution of $0.88 per unit, payable November 19, 2026, to holders of record on November 6, 2026.
The company provides investment management and research services to institutional, retail and private wealth clients.
