AllianceBernstein Holding LP

AB

Equity

ISIN null / Valor 2460130

New York Stock Exchange, Inc (2025-11-18)

USD 39.13+0.54%

AllianceBernstein Holding LP
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About company

AllianceBernstein Holding LP (AB) is a global investment management and research firm that has been integrating artificial intelligence (AI) and data science into its operations to enhance productivity and efficiency. This strategic shift reflects the firm's commitment to adapting to the changing needs of its clients in the financial-services industry. Under the leadership of Andrew Chin, Head of Investment Solutions and Sciences, AB has been pioneering the use of AI across various facets of its business, including research and operations. This initiative is part of the firm's broader effort to leverage technology to improve investment outcomes and operational effectiveness. While the company's efforts in AI and data science are a significant focus, AB continues to provide a wide range of investment solutions and services to its clients, maintaining its position as a leading entity in the investment management sector.

Summarized from source with an LLMView SourceSector: Finance

Revenue Growth

In Q4 2024, AllianceBernstein achieved a 15.3% increase in GAAP net revenues, reaching $1.26 billion compared to $1.09 billion in Q4 2023. Adjusted net revenues also saw an 11.8% rise, totaling $973.3 million for the quarter.

Operating Income Improvement

Operating income surged by 33.1% on a GAAP basis, amounting to $317.5 million in Q4 2024, up from $238.5 million in the previous year. On an adjusted basis, operating income increased by 39.6% to $354.4 million, underscoring enhanced operational efficiency.

Enhanced Operating Margins

The operating margin expanded to 25.0% in Q4 2024 from 20.6% in Q4 2023, marking a 440 basis points improvement. Adjusted operating margins also saw a significant increase of 720 basis points, reaching 36.4% compared to 29.2% the previous year.

Growth in Earnings Per Unit

GAAP diluted earnings per Unit (EPU) rose by 32.4% to $0.94 in Q4 2024 from $0.71 in Q4 2023. Adjusted diluted EPU saw an even more substantial increase of 36.4%, reaching $1.05 for the quarter.

Expansion of Assets Under Management

AllianceBernstein's Assets Under Management (AUM) grew by 9.2% to $792.2 billion at the end of Q4 2024, maintaining the same growth rate as the full year. The average AUM for the quarter increased by 16.9% to $801.0 billion, reflecting strong client inflows and market performance.

Summarized from source with an LLMView Source

Key figures

6.80%1Y

-0.69%3Y

24.7%5Y

Performance

29.6%1Y

27.2%3Y

29.2%5Y

Volatility