AllianceBernstein Holding Reports Q2 Results with Strong AUM Growth
AllianceBernstein Holding L.P. (NYSE: AB) reported second-quarter results for June 30, 2026, showing GAAP net income of $0.77 per unit and adjusted net income of $0.82 per unit. The firm distributed cash at the same rate as its adjusted earnings. AUM reached a record high of $905 billion due to strong sales in strategic areas like ultra-high-net-worth, SMAs, active ETFs, insurance, and private markets. The company returned to organic growth with net inflows of $0.8 billion driven by fixed income and alternatives/MAS asset classes. Active equity and taxable fixed-income strategies saw outflows due to retail redemptions in the APAC region. Base fees and adjusted operating income increased 7%, while adjusted earnings per unit rose 8% compared to last year. Bernstein highlighted record gross sales of $31 billion from its SMA platform, offsetting active equity losses. Institutional channel growth was driven by private market deployments and a strong pipeline ahead for the remainder of 2026.
Tickers: $AB
Topics: asset_management financial_performance revenue_growth