Quarterly ResultJul 30, 2026, 04:16 PM
Silvercrest Q2 Net Income $0.2M, EPS $0.02; Discretionary AUM Up 4.2%
AI Summary
Silvercrest Asset Management Group Inc. reported its second quarter 2026 results, with net income attributable to Silvercrest falling significantly to $0.2 million, or $0.02 per diluted share, compared to the prior year. Revenue saw a modest increase of 0.4% to $30.8 million. Despite the decline in profitability, the company highlighted strategic progress, including a 4.2% year-over-year increase in discretionary AUM to $24.7 billion and robust institutional pipeline growth, with institutional AUM reaching $9.8 billion. The firm noted that lower earnings reflect deliberate investments in its growth initiatives, including international expansion and talent acquisition.
Key Highlights
- Net income attributable to Silvercrest was $0.2 million, down 89.5% year-over-year.
- Diluted earnings per share were $0.02, a 90.5% decrease year-over-year.
- Revenue increased slightly by 0.4% year-over-year to $30.8 million.
- Discretionary Assets Under Management (AUM) grew 4.2% year-over-year to $24.7 billion.
- Total AUM increased 0.8% year-over-year to $37.0 billion.
- Adjusted EBITDA was $3.4 million, a 40.3% decrease year-over-year.
- The company declared a quarterly dividend of $0.21 per share.
- Institutional AUM reached $9.8 billion, up from $8.7 billion in Q1 2026.
Price Impact
More from SAMG