Bank of New York Mellon Corp

Most Recent

  • uploads///warren buffett
    Financials

    Should Warren Buffett Be Adding Banking Stocks?

    In a regulatory filing, Berkshire Hathaway (BRK-B) revealed that it had increased its stake in Bank of America (BAC).

    By Mohit Oberoi, CFA
  • uploads///part  financials
    Financials

    Berkshire Hathaway’s Banking Holdings in Q1

    Among Berkshire Hathaway’s financial holdings, JPMorgan Chase was the worst performer, while Goldman Sachs was the top performer.

    By Mohit Oberoi, CFA
  • uploads///money _
    Energy & Utilities

    How Warren Buffett’s Investment Philosophy Has Evolved

    Berkshire Hathaway trimmed stakes in Apple, Wells Fargo, Southwest Airlines, United Continental, Phillips 66, and Charter Communications in the fourth quarter.

    By Mohit Oberoi, CFA
  • uploads///part  faang
    Consumer

    Did Buffett Miss the Bus on Apple?

    Berkshire Hathaway (BRK-B) is Apple’s second-largest shareholder.

    By Mohit Oberoi, CFA
  • uploads///
    Consumer

    Buffett to Investors: ‘Focus on the Forest, Forget the Trees’

    One of the world’s most successful investors of all times, Warren Buffett believes in investing for the long term.

    By Jitendra Parashar
  • uploads///part
    Company & Industry Overviews

    Buffett’s Love for Banking Stocks Continued in Q4

    Berkshire Hathaway is the largest shareholder in Wells Fargo (WFC), Bank of America (BAC), U.S. Bancorp (USB), and American Express (AXP).

    By Mohit Oberoi, CFA
  • uploads///part  aaple
    Company & Industry Overviews

    Key Changes in Berkshire Hathaway’s Holdings in Q3

    Looking at Berkshire Hathaway’s third-quarter 13F, the company added more Apple shares and added a new position in JPMorgan Chase.

    By Mohit Oberoi, CFA
  • uploads///Analyst
    Financials

    How Wall Street Rates BlackRock and Asset Managers

    Analysts gave BlackRock a price target of $613.15 on an NTM basis.

    By Robert Karr
  • uploads///
    Company & Industry Overviews

    Apple’s EU Tax Dispute: What You Need to Know Now

    Ireland expects to have completed collecting the disputed taxes the EU is demanding from Apple (AAPL) by the end of 3Q18.

    By Ruchi Gupta
  • uploads///
    Company & Industry Overviews

    Apple in Ireland: Looking beyond the Tax Dispute

    iPhone sales accounted for as much as a quarter of Ireland’s economic growth in 2017.

    By Ruchi Gupta
  • uploads///analysts
    Earnings Report

    How Analysts View TD Ameritrade after Fiscal 2Q18

    Of the 19 analysts covering TD Ameritrade (AMTD) in April 2018, seven have recommended “strong buy,” five have recommended “buy,” six have recommended “hold,” and one has recommended “strong sell.”

    By Raymond Anderson
  • uploads/// ETF
    Financials

    ETF Inflows Rebounded despite Rising Geopolitical Concerns

    The latest economic data and renewed geopolitical concerns failed to thwart ETF inflows last week.

    By Peter Barnes
  • uploads///analysts
    Company & Industry Overviews

    Analyzing Wall Street’s Views on E*TRADE Financial

    E*TRADE Financial Corporation (ETFC) is covered by 16 analysts in March 2018, of which nine are suggesting a “strong buy” and two have given “hold” ratings.

    By Raymond Anderson
  • uploads///PS
    Company & Industry Overviews

    What’s behind the Rise in E*TRADE’s Non-Interest Expenses?

    E*TRADE Financial Corporation (ETFC) incurred total non-interest expenses amounting to $1.47 billion in 2017, which implies an increase of 17% YoY (year-over-year).

    By Raymond Anderson
  • uploads///EBITDA
    Company & Industry Overviews

    E*TRADE’s Views on the New Tariffs

    Since President Trump has levied tariffs on aluminum and steel imports, they might lead to a trade war if the affected countries take the same road, as China did.

    By Raymond Anderson
  • uploads///net income margin
    Company & Industry Overviews

    E*TRADE’s Views on the Fed Meeting and Expectations

    As expected, the Federal Reserve raised interest rates by 0.25% in March, marking the first increase of 2018.

    By Raymond Anderson
  • uploads///Analysts
    Company & Industry Overviews

    What Wall Street Has to Say about Charles Schwab

    The Charles Schwab Corporation (SCHW) was covered by 20 analysts in February 2018, of whom six suggested a “hold” and one recommended a “sell.”

    By Raymond Anderson
  • uploads///Rel Val
    Company & Industry Overviews

    Analyzing Charles Schwab’s Premium Valuations

    The Charles Schwab Corporation’s (SCHW) price-to-book ratio stands at 3.57x on an NTM (next-12-months) basis.

    By Raymond Anderson
  • uploads///DY
    Company & Industry Overviews

    What Charles Schwab Has to Say about the Economy in 2018

    The Charles Schwab Corporation’s (SCHW) management reflected positive views of the overall outlook for 2018.

    By Raymond Anderson
  • uploads///ROIC
    Company & Industry Overviews

    Charles Schwab’s New COO and Client Behavior Report

    The Charles Schwab Corporation (SCHW) announced that Joseph R. Martinetto will be its new COO.

    By Raymond Anderson
  • uploads///SCHW image
    Company & Industry Overviews

    Charles Schwab Reports January 2018 Numbers

    In January 2018, The Charles Schwab Corporation (SCHW) saw core net new assets of $18.7 billion.

    By Raymond Anderson
  • uploads///Earnings expectation
    Company & Industry Overviews

    Asset Managers to See Growth on Diversified Offerings in 1Q18

    The recent fall in stocks globally is expected to put some pressure on asset managers’ (VFH) operating performances in 1Q18.

    By Robert Karr
  • uploads///Analyst ratings
    Financials

    Why Wall Street Is Long on BlackRock Post-Rout

    Wall Street analysts are expecting a limited upside for asset managers (VFH) as well as broader indexes in 2018.

    By Robert Karr
  • uploads///Valuation
    Company & Industry Overviews

    BlackRock’s Valuations following the Decline in Global Equities

    BlackRock (BLK) stock has risen 27.6% over the past six months and 39.0% over the past year.

    By Robert Karr
  • uploads///Valuation
    Company & Industry Overviews

    BlackRock’s Valuations Stable amid Strong Operating Performance

    BlackRock is currently trading at a forward price-to-earnings ratio of 17.6x, compared with the industry average of 18.6x.

    By Robert Karr
  • uploads///Earnings expectation
    Company & Industry Overviews

    BlackRock and Competitors Look at Strong 1Q18 Numbers

    Among the major asset managers, BlackRock (BLK) is expected to post sequential and year-over-year growth in earnings per share to $6.38 in 1Q18 and $6.83 in 2Q18.

    By Robert Karr
  • uploads///Analyst ratings
    Financials

    Wall Street Analysts Long on Asset Managers in 2018

    Analysts gave BlackRock a price target of $614.92 on a next-12-month basis.

    By Robert Karr
  • uploads///Repurcahses
    Company & Industry Overviews

    BlackRock Shareholder Payouts Rise amid Strong Growth

    BlackRock’s (BLK) board approved a 15.0% increase in quarterly dividends to $2.88 payable in March 2018.

    By Robert Karr
  • uploads///Rel val
    Company & Industry Overviews

    What’s behind Charles Schwab’s Premium Valuations?

    Charles Schwab’s (SCHW) price-to-earnings ratio stood at 24.10x on an NTM (next-12-month) basis compared to its peer average of 14.37x.

    By Raymond Anderson
  • uploads///analysts
    Company & Industry Overviews

    What Analysts Suggest for Charles Schwab

    Nine of the 20 analysts covering Charles Schwab (SCHW) in January gave the stock a “strong buy” rating, while five recommended a “hold” on SCHW.

    By Raymond Anderson
  • uploads///ROA
    Company & Industry Overviews

    Did Charles Schwab’s Total Expenses Rise in 2017?

    Charles Schwab (SCHW) incurred professional services expenses of $429 million in 9M17 (the first nine months of 2017) compared to $372 million in 9M16, a rise of 15% mainly due to the expenses related to technology projects.

    By Raymond Anderson
  • uploads///FCF yield
    Company & Industry Overviews

    How Charles Schwab’s Expenses Trended in 2017

    Charles Schwab witnessed a marginal increase in its total expenses (excluding interest) from $3.3 billion in 9M16 (or the first nine months of 2016) to $3.6 billion in 9M17.

    By Raymond Anderson
  • uploads///EBITDA margin
    Company & Industry Overviews

    How Does Charles Schwab’s Balance Sheet Look?

    Charles Schwab (SCHW) saw a rise in total assets from $223.3 billion as of December 31, 2016, to $230.7 billion as of September 30, 2017.

    By Raymond Anderson
  • uploads///net income margin
    Company & Industry Overviews

    How Did Charles Schwab’s November Metrics Look?

    As of November 2017, Charles Schwab had total client assets of $3.3 trillion.

    By Raymond Anderson
  • uploads///DY
    Company & Industry Overviews

    How Tax Reform Could Impact Charles Schwab

    Charles Schwab (SCHW) is expected to release its 4Q17 earnings on January 17, 2018. Wall Street analysts have given a low estimate of $0.39 and a high estimate of $0.45 on earnings per share (or EPS) for 4Q17.

    By Raymond Anderson
  • uploads///beta
    Company & Industry Overviews

    Why Charles Schwab’s Net Revenues Rose

    Charles Schwab’s (SCHW) total net revenues in the first nine months of 2017 stood at $6.4 billion.

    By Raymond Anderson
  • uploads///Valuations
    Company & Industry Overviews

    How Premium Are BlackRock’s Premium Valuations Going into 2018?

    BlackRock’s (BLK) outperformance, estimate beats, and new assets have helped the company command premium valuations.

    By Robert Karr
  • uploads///Analysts
    Financials

    Wall Street Rates BlackRock High in the Industry for 2018

    Asset managers (VFH) have had “buy” to “hold” ratings in recent months since equities are expected to be upbeat in the next few quarters.

    By Robert Karr
  • uploads///ROE
    Earnings Report

    State Street’s Earnings Rose, Beating Estimates

    In 3Q17, State Street (STT) posted EPS (earnings per share) that was higher than Wall Street analysts’ estimates.

    By Raymond Anderson
  • uploads///Rel val
    Earnings Report

    State Street’s Valuation after 3Q17 Results

    State Street (STT) has a one-year forward PE (price-to-earnings) ratio of 14.72x, representing a discounted valuation.

    By Raymond Anderson
  • uploads///profit margin
    Earnings Report

    Breakdown of State Street’s Assets under Management

    State Street (STT) has a total AUM (assets under management) of $2.7 trillion in 3Q17. Of the total AUM, equity contributed $1.6 trillion.

    By Raymond Anderson
  • uploads///Valuations
    Earnings Report

    Why Investors Continue to Pay a Premium for BlackRock

    BlackRock commands a premium over industry peers and alternative asset managers due to its strong performance across the regions and offerings.

    By Robert Karr
  • uploads///top  holdings
    Financials

    Why Does Buffett Still Have Faith in Wells Fargo after the Scandals?

    In his recent CNBC interview, billionaire investor Warren Buffett stated that he still believes in Wells Fargo and CEO Timothy J. Sloan.

    By Sarah Sands
  • uploads///Valuations
    Company & Industry Overviews

    Why BlackRock Is Trading at a Premium in 2017

    Translating into pricing BlackRock (BLK) commands a premium valuation in the asset management industry, mainly due to its stable and strong inflow, diversified offerings, global asset allocation, fund growth, and consistent earnings. The company is now trading at a forward PE (price-to-earnings) ratio of 17.9x, compared with the industry average of 14.5x. Overall, BlackRock’s valuation has improved in recent weeks, with […]

    By Robert Karr
  • uploads///EV
    Company & Industry Overviews

    Behind State Street’s Investment Management Division

    State Street Corporation (STT) has an enterprise value of $52.8 billion.

    By Raymond Anderson
  • uploads///T
    Company & Industry Overviews

    T. Rowe’s Dividends to Increase Marginally in 2017

    In 2017, T. Rowe Price Group (TROW) is expected to witness a marginal rise of 4.2% in its dividend distribution as compared to 2016.

    By Raymond Anderson
  • uploads///T
    Company & Industry Overviews

    Inside T. Rowe’s Occupancy and Other Operating Expenses

    T. Rowe Price Group’s (TROW) facility and occupancy costs stood at $83.1 million in 2Q17, which includes depreciation costs of $36.3 million.

    By Raymond Anderson
  • uploads///Analysts rating on STT
    Company & Industry Overviews

    Insights on Analysts’ ‘Hold’ Ratings for State Street

    State Street (STT) is currently covered by 21 analysts. Five of them have rated the stock a “strong buy,” and three have given it a “buy” rating.

    By Raymond Anderson
  • uploads///STT and comp forward annual div yield
    Company & Industry Overviews

    State Street’s Dividend to Rise in 2017

    State Street (STT) is expected to declare a dividend of $1.62 per share in 2017, which is 15.7% more than its 2016 dividend.

    By Raymond Anderson
  • uploads///STT and comp
    Company & Industry Overviews

    Inside State Street’s Net Interest Income and Employee Benefits

    In 2Q17, State Street (STT) posted NII (net interest income) of $617.0 million, which was a substantial rise of 13.0% on a YoY (year-over-year) basis.

    By Raymond Anderson
  • uploads///STT ROE
    Company & Industry Overviews

    State Street Beat Earnings Estimate, Missed Revenue Estimate

    State Street (STT) posted EPS (earnings per share) of $1.67 in 2Q17, thus beating analysts’ estimate of $1.57. That’s a 14.0% rise on a YoY basis.

    By Raymond Anderson
  • uploads///iShares
    Company & Industry Overviews

    Why BlackRock Continues to Command Premium Valuations

    BlackRock (BLK) continues to command a premium valuation on stable and strong inflows, the performance of funds, global asset allocation, and consistent earnings.

    By Robert Karr
  • uploads///EE
    Company & Industry Overviews

    Earnings Growth: How BlackRock Compares to Other Managers

    Asset managers (XLF) are expected to see marginal or no growth in 3Q17 and 2H17, mainly due to lower expected returns from markets that could translate into lower performance income…

    By Robert Karr
  • uploads///Retail
    Company & Industry Overviews

    BlackRock’s Retail Division Adds Assets

    BlackRock’s (BLK) retail business has seen a rebound in inflows over the past couple of quarters after investors consistently withdrew from active offerings in equities and deployed more money to ETFs and index funds.

    By Robert Karr
  • uploads///institutional
    Company & Industry Overviews

    Why BlackRock Is Bracing for Subdued Equity Performance

    On March 31, 2017, BlackRock was managing a record $3.1 trillion—about 56% of the company’s total AUM—in its Institutional Clients division.

    By Robert Karr
  • uploads///Analyst ratings
    Miscellaneous

    BlackRock on the Street: Analyst Ratings, Macro Concerns

    So far in June 2017, ten of the 14 analysts covering BlackRock (BLK) have rated the stock as a “strong buy” or “buy.” Four analysts have rated it as “hold.”

    By Robert Karr
  • uploads///Valuations
    Company & Industry Overviews

    Where BlackRock’s Valuations Are Rising Today

    BlackRock continues to command a premium valuation among other traditional and alternative asset managers—thanks to its diversified offerings.

    By Robert Karr
  • uploads///Estimates
    Earnings Report

    BlackRock Bests Estimates on Earnings, Misses on Revenue in 1Q17

    BlackRock (BLK), the world’s largest asset manager, reported its 1Q17 earnings on April 19, 2017. The company beat Wall Street analysts’ adjusted EPS (earnings per share) estimate of $4.89.

    By Robert Karr
  • uploads///Institutional
    Earnings Report

    BlackRock Institutional Prefers Fixed-Income Offerings

    BlackRock (BLK) managed ~$2.9 trillion for its institutional clients on December 31, 2016. These assets made up 57% of the company’s total managed assets.

    By Robert Karr
  • uploads///EPS
    Earnings Report

    What the World’s Biggest Asset Manager Earned in 1Q17

    BlackRock (BLK), the world’s largest asset manager, is expected to post earnings per share (or EPS) of $4.88 for 1Q17 on April 13, 2017, a rise of 14.8% year-over-year.

    By Robert Karr
  • uploads///WFC assets
    Company & Industry Overviews

    Wells Fargo Failed the Federal Reserve’s Living Will Test

    In another blow to Wells Fargo’s (WFC) plans, the Federal Reserve stated on December 13, 2016, that the embattled bank failed the living will test and would face penalties.

    By Rebecca Keats
  • uploads///Leverage
    Earnings Report

    State Street’s Leverage Steady amid Volatile Operating Performance

    State Street’s (STT) leverage has remained at similar levels over the past few quarters.

    By Robert Karr
  • uploads///BNY Mellon PBV
    Earnings Report

    Will BNY Mellon’s Valuations Gap Narrow?

    BNY Mellon (BK) trades at a 24% premium to its book value and 18x its one-year forward earnings.

    By Rebecca Keats
  • uploads///BNY MEllon dividends
    Earnings Report

    Can BNY Mellon Dividends Please Investors?

    In 4Q16, BNY Mellon (BK) repurchased 18.4 million shares for $848 million.

    By Rebecca Keats
  • uploads///BNY Mellon leverage ratio
    Earnings Report

    BNY Mellon’s Capital Ratios and Liquidity Position Improved in 4Q16

    Bank of New York Mellon’s (BK) Tier 1 Capital ratio was 14.5% compared to 13.6% recorded at the end of its previous quarter.

    By Rebecca Keats
  • uploads///Bny mellon ROE
    Earnings Report

    BNY Mellon Improves Its Profitability despite Tough Global Environment

    During 4Q16, BNY Mellon (BK) posted return on equity (or ROE) of 9.3% compared to 7.1% during 4Q15.

    By Rebecca Keats
  • uploads///BNY Mellon segments
    Earnings Report

    Which Segment Drove BNY Mellon’s 4Q16 Earnings?

    In 4Q16, Bank of New York Mellon’s (BK) revenues from its Investment Services business rose 5% to $2.7 billion.

    By Rebecca Keats
  • uploads///Profitability
    Earnings Report

    BlackRock’s Secret to Strong Margins in 4Q16

    In its 4Q16 earnings release, BlackRock reported a 1% rise in total revenues YoY. Notably, its operating expenses fell 4% YoY to ~$1.7 billion in 4Q16.

    By Robert Karr
  • uploads///BK Dividends
    Earnings Report

    Will BNY Mellon’s 12% Dividend Hike Please Investors?

    BNY Mellon (BK) hiked its dividend to $0.19 after the Federal Reserve approved its capital plans and cleared its stress test results.

    By Rebecca Keats
  • uploads///BK recenues
    Earnings Report

    What Do Analysts Forecast for BNY Mellon’s 4Q16 Earnings?

    According to consensus data accumulated by Reuters, net revenues for BNY Mellon are expected to be $3.8 billion in 4Q16, 3.4% higher year-over-year.

    By Rebecca Keats
  • uploads///iShares
    Earnings Report

    BlackRock iShares Expected to Garner Assets on Equities in 4Q16

    BlackRock’s iShares have shown growth for the past few years on diversified, global offerings backed by low costs and technology. It manages ~$1.3 trillion.

    By Robert Karr
  • uploads///Tier
    Earnings Report

    PNC’s Payout Ratio Is Expected to Be High in 2017

    PNC Financial Services (PNC) is expanding its balance sheet on the back of new assets and expanding offerings.

    By Robert Karr
  • uploads///Non interest income
    Earnings Report

    BlackRock Is Benefiting PNC Financial’s Non-Interest Income

    PNC Financial’s non-interest income for 3Q16 rose $167 billion compared to 3Q15. Sequentially, the company’s income rose $8 million.

    By Robert Karr
  • uploads///Profitability
    Company & Industry Overviews

    BlackRock Trends on Higher Operating Margins on Expense Cuts

    BlackRock (BLK) has had to deal with lower pricing for its offerings as competitors offer ETFs and other passive products at attractive prices.

    By Robert Karr
  • uploads///Institutional
    Company & Industry Overviews

    Institutional Segment Continues to Be Major Segment for BlackRock

    BlackRock (BLK) manages total assets of $2.9 trillion as of September 30, 2016, for its institutional investors.

    By Robert Karr
  • uploads///GS PBV
    Company & Industry Overviews

    Why Analysts Think Goldman Sachs’s Valuations Are Attractive

    Goldman Sachs trades 5% above its book value and 18 times its one-year forward earnings.

    By Rebecca Keats
  • uploads///Leverage
    Company & Industry Overviews

    State Street Balance Sheet Is Strong on Acquisitions, Assets

    State Street’s ability to expand operations by deploying generating operating flows and expense management should help improve its balance sheet.

    By Robert Karr
  • uploads///Fee and interest revenue
    Company & Industry Overviews

    State Street Has Higher Fee Revenues on ETFs, GE Asset Management

    State Street (STT) reported total fee revenues of $2.1 billion in 3Q16, a rise of 2.0% compared to the previous quarter. Servicing fees rose 5.2%.

    By Robert Karr
  • uploads///Expenses
    Company & Industry Overviews

    State Street Is Targeting Higher Margins through Beacon

    In line with the State Street Beacon program, expenses continued to fall YoY. State Street is targeting savings of $550.0 million over the next four to five years.

    By Robert Karr
  • uploads///AUM
    Company & Industry Overviews

    State Street Adds Assets through ETFs, PIMCO, GE Asset Management

    In 3Q16, State Street (STT) saw a rise to $29.2 trillion in assets under custody and administration. That’s a 5.0% rise compared to $27.8 trillion in 2Q16.

    By Robert Karr
  • uploads///Estimates
    Company & Industry Overviews

    State Street Stock Rises on New Assets, Performance

    State Street (STT) stock has risen 10.0% over the past quarter. That came on the back of two quarters of improved operating performance.

    By Robert Karr
  • uploads///Valuations
    Company & Industry Overviews

    T. Rowe Stock Rose, New Assets Are a Concern

    T. Rowe (TROW) stock rose 8% over the past three months mainly due to a strong operating performance in 3Q16.

    By Robert Karr
  • uploads///AUM
    Company & Industry Overviews

    Broad Market Appreciation Helped T. Rowe’s Assets in 3Q16

    T. Rowe Price (TROW) posted growth of $36.3 billion in its AUM (assets under management) in 3Q16, totaling $812.9 billion.

    By Robert Karr
  • uploads///Net flows
    Company & Industry Overviews

    T. Rowe Price’s Managed Assets Rose Due to Market Appreciation

    T. Rowe’s mutual funds’ net cash flows after client transfers accounted for net outflows of $0.2 billion from the stocks and blended asset funds in 3Q16.

    By Robert Karr
  • uploads/// MOAT Top  cos
    Company & Industry Overviews

    Moat Investing: Identifying the Winners

    Morningstar’s research and investment philosophy is based on the concept of an economic moat (MOAT).

    By VanEck
  • uploads///BK EPS
    Earnings Report

    BNY Mellon’s Third Quarter Earnings Top Estimates

    Bank of New York Mellon (BK) reported 3Q earnings on October 20. The company’s adjusted earnings of $0.90 per share beat consensus estimates of $0.81 and were 22% higher year-over-year.

    By Rebecca Keats
  • uploads///Retail
    Earnings Report

    BlackRock’s Retail Saw Outflows on US and Europe Equities in 3Q16

    BlackRock’s (BLK) Retail business had assets under management of $554 billion as of September 30, 2016, which made up 12% of the company’s total AUM.

    By Robert Karr
  • uploads///iShares
    Earnings Report

    BlackRock’s iShares Regains Number One Spot on New Assets in 3Q16

    BlackRock’s (BLK) iShares saw strong rebound in 3Q16, with the division regaining its number one position for new assets in and outside of the US.

    By Robert Karr
  • uploads///Estimates
    Earnings Report

    BlackRock Garners More than $5 Trillion in AUM, Beating Estimates

    BlackRock, the world’s largest asset manager, beat Wall Street analysts’ adjusted EPS estimates of $4.98, posting EPS of $5.14 for 3Q16.

    By Robert Karr
  • uploads///BK Exps
    Earnings Report

    How Is BNY Mellon Controlling Expenses?

    The Bank of New York Mellon’s (BK) cost-cutting program has been effective, and activist investors are appreciating the measures it’s taking to improve profitability.

    By Rebecca Keats
  • uploads///BK revenues
    Earnings Report

    What Do Analysts Forecast for BNY Mellon’s 3Q Earnings?

    According to Bloomberg, net revenues for BNY Mellon are expected to be $3.9 billion in 3Q16. That’s 1.0% higher year-over-year and 2.0% higher than 2Q16.

    By Rebecca Keats
  • uploads///Retail
    Earnings Report

    More Retail Clients for BlackRock’s Business in 3Q16

    Retail contributed almost 12% of BlackRock’s total managed assets with funds of $544 billion as of June 30. It accounts for almost one-third of the total base fees.

    By Robert Karr
  • uploads///GS PBV
    Earnings Report

    Can 3Q16 Boost Goldman Sachs’s Suppressed Valuations?

    Goldman Sachs (GS) trades at a 10% discount to its book value and 11.8x its one-year forward earnings.

    By Rebecca Keats
  • uploads///Retail
    Company & Industry Overviews

    BlackRock Expects Its Funds to See Retail Contribution in 3Q16

    BlackRock is expected to see a rise in retail participation in the current quarter as equities and other asset classes have risen on improving fundamentals.

    By Robert Karr
  • uploads///lipper avg
    Company & Industry Overviews

    T. Rowe Price’s Mutual Fund Performance among the Industry’s Best

    In 2Q16, T. Rowe Price Group’s (TROW) funds performance, led by market appreciation, contributed to its assets under management growth of $12 billion.

    By Robert Karr
  • uploads///AUM
    Company & Industry Overviews

    Uncertain Global Markets Not Deterring AMG from Adding Assets

    Affiliated Managers Group (AMG) has been consistently adding assets in spite of highly uncertain global markets.

    By Robert Karr
  • uploads///Performance
    Company & Industry Overviews

    Affiliated Managers Is Doing This to Stabilize Revenues

    Affiliated Managers Group (AMG) is expected to post revenues of $567 million in the September quarter. That’s higher than the June quarter but a 7.5% decline YoY.

    By Robert Karr
  • uploads///Valuations
    Company & Industry Overviews

    Blackstone Valuations and Stock Prices Rebounded

    The alternative asset management industry’s operating performance fell in 2015 due to falling equities and asset classes.

    By Robert Karr
  • uploads///Valuations
    Earnings Report

    AMG’s Valuation Gap Widened on Weak Performance in 2Q

    Affiliated Managers Group’s discount widened due to weak performance. Earnings for other asset managers have started to pick up at a decent pace.

    By Robert Karr
  • uploads///Earnings
    Earnings Report

    AMG Generated Solid Results in 2Q despite Market Volatility

    On August 1, Affiliated Managers Group (AMG) reported net 2Q16 profits of $107.4 million—compared to $128.7 million for 2Q15.

    By Robert Karr
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.