SEI Reports Strong Q3 2026 Results with 14% Revenue Growth and Increased EPS
SEI (SEIC) reported robust third-quarter 2026 financial results, highlighted by a 14% increase in revenue to $662.0 million. This growth was primarily driven by strong sales conversions and increased client capital deployment across several key segments. Adjusted diluted earnings per share rose 24% year-over-year to $1.64, benefiting from improved margins and a reduced share count. The company saw significant expansion in its Investment Advisors segment due to the Stratos acquisition, while the Investment Managers segment grew by 14%. Despite some outflows in the Institutional Investors segment and LSV Asset Management, SEI's Assets Under Administration rose 4% to $1.41 trillion. The firm also demonstrated commitment to shareholder returns, repurchasing over $215 million in stock and increasing its repurchase authorization to approximately $926 million.
Topics: assets under management EPS increase revenue growth segment performance