Victory Capital Reports Record Long-Term Gross Flows and Strong Q3 2026 Earnings
Victory Capital (VCTR) reported strong third-quarter 2026 financial results, highlighted by record long-term gross flows of $30.5 billion, an 80% increase compared to the same quarter last year. Total client assets reached $355.5 billion, marking a 13% increase year-over-year. The company achieved an adjusted EPS of $1.98, representing a 21% year-over-year growth, driven by higher average client assets and efficient platform scaling. Despite a sequential revenue decrease due to the timing of annual fee crystallization, the company saw significant expansion in its VictoryShares ETF AUM, which grew 61% year-over-year. Management also provided optimistic outlooks regarding the First Eagle acquisition, targeting $280 million in expense synergies and a pro forma accretion of 35% for annualized 2027 adjusted earnings per share.
Topics: AUM growth client assets EBITDA EPS revenue