Quarterly ResultJul 31, 2026, 04:28 PM
Artisan Partners Q2 Revenue $307.9M, EPS $1.11; Acquires Grandview
AI Summary
Artisan Partners Asset Management Inc. reported strong financial results for the second quarter of 2026, with total revenues increasing to $307.9 million and net income attributable to the company rising to $80.8 million. Basic earnings per share grew to $1.11, and dividends declared per Class A common share increased to $0.77. The company also completed the acquisition of Grandview, a real estate private equity firm, on January 2, 2026, for $22.5 million in cash plus contingent consideration.
Key Highlights
- Acquired Grandview for $22.5 million cash and contingent consideration on January 2, 2026.
- Total revenues for Q2 2026 increased to $307.9 million from $282.7 million in Q2 2025.
- Net income attributable to Artisan Partners Inc. for Q2 2026 rose to $80.8 million from $67.6 million in Q2 2025.
- Basic earnings per share for Q2 2026 increased to $1.11 from $0.94 in Q2 2025.
- Dividends declared per Class A common share for Q2 2026 were $0.77, up from $0.68 in Q2 2025.
- Total assets as of June 30, 2026, were $1.46 billion, down from $1.58 billion as of December 31, 2025.
- Total stockholders' equity as of June 30, 2026, was $465.3 million, down from $478.2 million as of December 31, 2025.
Price Impact
More from APAM