FMP

FMP

AllianceBernstein Holding L.P. (NYSE:AB) Surpasses Earnings Estimates

  • AllianceBernstein Holding L.P. (NYSE:AB) reported an EPS of $0.96, beating the estimated $0.92.
  • The company announced a revenue of approximately $957.3 million, slightly above the forecast.
  • AB closed the year with a record $867 billion in assets under management, despite facing $9.4 billion in net outflows.

AllianceBernstein Holding L.P. (NYSE:AB) is a prominent investment management firm known for its comprehensive range of services, including research, investment management, and wealth planning. The company competes with other financial giants in the asset management industry. On February 5, 2026, AB reported its earnings, showcasing a strong performance with an earnings per share (EPS) of $0.96, surpassing the estimated $0.92.

The company also reported a revenue of approximately $957.3 million, slightly exceeding the estimated $956.1 million. This performance is supported by their fourth-quarter results, which revealed a GAAP diluted net income of $0.90 per unit and an adjusted diluted net income of $0.96 per unit. AB declared a cash distribution of $0.96 per unit, reflecting its commitment to returning value to shareholders.

Despite a challenging macroeconomic environment, AB closed the year with a record $867 billion in assets under management. CEO Seth Bernstein emphasized the company's disciplined execution and strategic progress throughout 2025. The firm focused on expanding its platform and strengthening client relationships, which contributed to its financial success.

However, AB faced $9.4 billion in net outflows, primarily due to $22.5 billion in net redemptions. Despite this, the company achieved targeted organic growth in key areas such as ultra-high-net-worth, insurance, separately managed accounts (SMAs), active ETFs, and private markets. This growth highlights AB's ability to adapt and thrive in a competitive market.

AB's financial metrics further illustrate its market position. The company has a price-to-earnings (P/E) ratio of approximately 14.80, a price-to-sales ratio of about 12.84, and an enterprise value to sales ratio of 12.84. The enterprise value to operating cash flow ratio is around 12.73, and the earnings yield is approximately 6.76%. These figures indicate a solid financial foundation and potential for future growth.