AllianceBernstein Q3 2026 Results
AllianceBernstein Holding L.P. (NYSE:AB) reported third‑quarter 2026 adjusted earnings of $0.88 per unit, surpassing the analyst consensus estimate of $0.86. The results were released on 27‑10‑2026 and the stock slipped 0.50 % in after‑hours trading.
Revenue for the quarter was $1.22 billion, well above the consensus estimate of $915.69 million. Adjusted net revenue amounted to $904 million, representing a 2.2 % increase from $885 million in the comparable quarter of the prior year. Year‑over‑year revenue grew 7.8 % to $1.14 billion.
The firm recorded $6.6 billion of net inflows during the quarter, its strongest quarterly flow in four years, which the CEO, Seth Bernstein, described as an annualized organic growth rate of approximately 3 %. The alternatives and multi‑asset solutions segment contributed $15 billion of net inflows, of which roughly $12 billion originated from commercial mortgage loans. Private‑markets assets under management rose to $105 billion, a 33 % increase year‑over‑year, while active equity strategies saw outflows of $13 billion.
Adjusted operating income was $303 million, flat versus the third quarter of 2025, and the adjusted operating margin fell 70 basis points to 33.5 % from 34.2 % a year earlier. Total assets under management stood at $900.4 billion as of 30 September 2026, up 4.7 % from $860.1 billion on 30 September 2025.
The company declared a cash distribution of $0.88 per unit, payable on 19 November 2026 to unitholders of record as of 6 November 2026.