Quarterly ResultMay 1, 2026, 04:27 PM
AllianceBernstein Q1 Net Income +15.1% to $85.2M; EPS $0.92
AI Summary
AllianceBernstein Holding L.P. reported a 15.1% increase in net income to $85.2 million for the first quarter of 2026, with net income per unit rising 37.3% to $0.92. The company declared a distribution of $0.83 per unit, a 3.7% increase from the prior year. While net cash provided by operating activities decreased by 23.2% to $88.5 million, the company noted no liquidity risk as cash inflows from AB distributions cover outflows to Unitholders. Additionally, AllianceBernstein repurchased 0.2 million AB Holding Units and awarded 1.4 million restricted units during the quarter.
Key Highlights
- Net income increased 15.1% to $85.2 million for Q1 2026.
- Net income per Unit rose 37.3% to $0.92 for Q1 2026.
- Declared a distribution of $0.83 per Unit, up 3.7% from prior year.
- Equity in net income attributable to AB Unitholders increased 11.5% to $92.3 million.
- Net cash provided by operating activities decreased 23.2% to $88.5 million.
- Repurchased 0.2 million AB Holding Units for $8.8 million in Q1 2026.
- Awarded 1.4 million restricted AB Holding Units to employees and directors.
- Units outstanding as of March 31, 2026, were 93,403,853.
Price Impact
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