T. Rowe Price Group Logs Higher 4Q Profit As AUM Grows

Dow Jones02-04 20:41
 

By Elias Schisgall

 

T. Rowe Price Group logged a higher profit in the fourth quarter as assets under management continued to grow.

The investment management company on Wednesday posted a profit of $445.3 million, or $1.99 a share, compared with a profit of $439.9 million, or $1.92 a share, a year earlier.

On an adjusted basis, adjusted earnings were $2.44 a share. Analysts surveyed by FactSet were expecting $2.46 a share.

Net revenues rose 6% to $1.93 billion, up from $1.82 billion a year earlier, and in line with analyst expectations.

The company ended the quarter with assets under management of $1.78 billion, a 10.5% increase from $1.61 billion a year earlier. Analysts were expecting $1.75 billion.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

February 04, 2026 07:41 ET (12:41 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment