AllianceBernstein (AB) Q1 2026 Earnings Transcript
AllianceBernstein (AB) reported Q1 2026 earnings with adjusted earnings per unit rising 4% year-over-year to $0.83 and net revenues increasing 4% to $871 million. The firm experienced active net outflows of $6 billion, primarily from equity strategies. Private markets AUM grew 13% to $85 billion, while SMAs and active ETFs saw significant growth. The institutional pipeline reached a record $27.5 billion. Management anticipates managing an additional $100 billion post-merger with Equitable and Corebridge. Operating expenses rose 4%, and the effective tax rate guidance for 2026 is now 6%-7%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: nasdaq The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments