AllianceBernstein Holding LP
AB
ISIN null / Valor 2460130
AllianceBernstein Holding LP
UMushroom community rating:
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: FinanceLatest Results (21.11.2025):
AllianceBernstein Holding L.P. — Q4 2024: The firm reported strong quarterly and full‑year results with GAAP diluted net income per unit of $0.94 in Q4 2024 (up 32.4% year‑over‑year) and adjusted diluted net income per unit of $1.05 (up 36.4% y/y). The company declared a Q4 cash distribution of $1.05 per unit. Revenue, margins and adjusted operating income expanded materially while ending AUM rose to $792.2 billion.
Earnings (Q4 2024)
GAAP diluted net income per unit: $0.94 (Q4 2024) vs $0.71 (Q4 2023), +32.4% y/y. Adjusted diluted net income per unit: $1.05 (Q4 2024) vs $0.77, +36.4% y/y.
Distribution
AB Holding declared a cash distribution of $1.05 per unit for Q4 2024; payable March 13, 2025, to holders of record as of February 18, 2025.
Revenues and Margins
GAAP net revenues for Q4 2024: $1,257.6M, +15.3% y/y. GAAP operating income: $317.5M, +33.1% y/y; GAAP operating margin: 25.0% (up 440 bps). Adjusted Q4 net revenues: $973.3M, +11.8% y/y; adjusted operating income: $354.4M, +39.6% y/y; adjusted operating margin: 36.4% (up 720 bps).
AUM and Flows (Q4 2024)
Ending AUM: $792.2B (up 9.2% vs. 12/31/23). Average AUM for the quarter: $801.0B (up 16.9% y/y). Total net outflows in Q4: $4.8B (compared with $1.1B inflows in Q3). Full‑year 2024 total net outflows: $2.2B (improved vs. $7.0B in prior year).
Channel & Asset‑Class Trends
Institutional: Q4 net outflows $6.2B (active equities drove weakness; active equities net outflows ~$24.1B in 2024). Retail: Q4 net inflows $1.1B; Private Wealth: Q4 net inflows $0.3B. Active fixed income net flows hit a record $24.5B in 2024; alternatives & multi‑asset had $3.8B active net inflows and private markets AUM reached $70B.
Full‑Year 2024 Adjusted Results
Adjusted net revenues for 2024: $3,528.4M (+4.6% y/y). Adjusted operating income: $1,140.1M (+19.9% y/y) with adjusted operating margin 32.3% (up 410 bps). Adjusted diluted EPU: $3.25 (+20.8% y/y) and full‑year cash distribution per unit: $3.26 (+21.2% y/y).
Other Items
AB completed the April 1, 2024 joint‑venture transaction with Societe Generale and deconsolidated Bernstein Research Services, which affected revenue composition. Management cited progress on strategic initiatives and a constructive 2025 outlook while noting concentration risks and divergent returns across regions and asset classes.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3565 M
Market cap (USD)
150,762
Daily traded volume (Shares)
37.05 / 36.4
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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