AllianceBernstein Reports Q3 2026 Growth Driven by Private Markets and Institutional Inflows
AllianceBernstein (AB) reported third-quarter results for fiscal 2026, characterized by a 2.3% year-over-year increase in adjusted EPS to $0.88 and a 2.2% rise in adjusted net revenues to $904 million. The firm saw significant momentum in its private markets segment, with AUM reaching $105 billion, surpassing the company's 2027 target more than a year ahead of schedule. While institutional inflows reached $15.7 billion—bolstered by a large commercial mortgage loan onboarding from Equitable—the firm faced retail headwinds. Active equity net outflows totaled $12.5 billion due to market pressures, and rate-sensitive redemptions impacted taxable fixed income. Despite these challenges, the company raised its performance fee guidance for the full year and maintained strong growth in its active ETF and private wealth segments.
Tickers: $AB
Topics: assets under management earnings report net inflows performance fee guidance revenue growth
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