We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
SEI Investments Q2 Earnings Beat Estimates as Revenues & AUM Rise Y/Y
Read MoreHide Full Article
Key Takeaways
SEIC's Q2 EPS rose 70% y/y to $1.78, beating the estimate of $1.18.
Revenues grew 8% y/y to $559.6M but fell short of the consensus estimate of $561.1M.
AUM rose 10% y/y to $517.5B, with the AUA climbing 11% to $1.14T.
SEI Investments Co.’s (SEIC - Free Report) second-quarter 2025 earnings per share (EPS) of $1.78 beat the Zacks Consensus Estimate of $1.18. Moreover, the bottom line reflected a rise of 70% from the prior-year quarter.
Results were aided by higher revenues and a rise in assets under management (AUM). However, higher expenses acted as a spoilsport.
Net income was $227.1 million, up 63% from the year-ago quarter. Our estimate for the metric was $145.3 million.
SEIC’s Revenues & AUM Improve, Expenses Rise
Total revenues were $559.6 million, up 8% year over year. The rise was driven by higher asset management, administration and distribution fees, as well as information processing and software servicing fees. However, the top line missed the Zacks Consensus Estimate of $561.1 million.
Total expenses were $411 million, up 7% year over year. The increase was driven by a rise in almost all cost components, except for amortization and depreciation charges. Our estimate for the metric was $409.8 million.
Operating income increased 9% year over year to $148.6 million. Our estimate for the metric was $139.7 million.
As of June 30, 2025, AUM was $517.5 billion, reflecting a rise of 10% from the prior-year quarter. Client assets under administration (AUA) were $1.14 trillion, up 11% year over year. Client AUA did not include $11.4 billion related to Funds of Funds assets reported as of June 30, 2025.
SEI Investments’ Share Repurchase Update
In the reported quarter, SEIC bought back 2.2 million shares for $180.8 million at an average price of $83.60 per share.
Our View on SEIC
SEI Investments’ global presence, diverse product offerings, solid balance sheet, strategic acquisitions and a robust AUM balance are expected to keep supporting the top line. However, elevated operating expenses, led by technological upgrades alongside concentrated fee-based revenues, are concerning.
SEI Investments Company Price, Consensus and EPS Surprise
Invesco’s (IVZ - Free Report) second-quarter 2025 adjusted earnings of 36 cents per share lagged the Zacks Consensus Estimate of 40 cents. Moreover, the bottom line declined 16.3% from the prior-year quarter.
Invesco’s results were adversely impacted by higher adjusted operating expenses. However, a rise in adjusted net revenues was a tailwind. An increase in the AUM balance, driven by solid inflows, was another positive.
BlackRock’s (BLK - Free Report) second-quarter 2025 adjusted earnings of $12.05 per share handily surpassed the Zacks Consensus Estimate of $10.66. The figure reflects a rise of 16% from the year-ago quarter.
BlackRock’s results benefited from a rise in revenues. AUM witnessed robust growth, reaching a record high of $12.52 trillion, driven by net inflows, market appreciation and favorable foreign exchange impact. However, higher expenses acted as a headwind.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
SEI Investments Q2 Earnings Beat Estimates as Revenues & AUM Rise Y/Y
Key Takeaways
SEI Investments Co.’s (SEIC - Free Report) second-quarter 2025 earnings per share (EPS) of $1.78 beat the Zacks Consensus Estimate of $1.18. Moreover, the bottom line reflected a rise of 70% from the prior-year quarter.
Results were aided by higher revenues and a rise in assets under management (AUM). However, higher expenses acted as a spoilsport.
Net income was $227.1 million, up 63% from the year-ago quarter. Our estimate for the metric was $145.3 million.
SEIC’s Revenues & AUM Improve, Expenses Rise
Total revenues were $559.6 million, up 8% year over year. The rise was driven by higher asset management, administration and distribution fees, as well as information processing and software servicing fees. However, the top line missed the Zacks Consensus Estimate of $561.1 million.
Total expenses were $411 million, up 7% year over year. The increase was driven by a rise in almost all cost components, except for amortization and depreciation charges. Our estimate for the metric was $409.8 million.
Operating income increased 9% year over year to $148.6 million. Our estimate for the metric was $139.7 million.
As of June 30, 2025, AUM was $517.5 billion, reflecting a rise of 10% from the prior-year quarter. Client assets under administration (AUA) were $1.14 trillion, up 11% year over year. Client AUA did not include $11.4 billion related to Funds of Funds assets reported as of June 30, 2025.
SEI Investments’ Share Repurchase Update
In the reported quarter, SEIC bought back 2.2 million shares for $180.8 million at an average price of $83.60 per share.
Our View on SEIC
SEI Investments’ global presence, diverse product offerings, solid balance sheet, strategic acquisitions and a robust AUM balance are expected to keep supporting the top line. However, elevated operating expenses, led by technological upgrades alongside concentrated fee-based revenues, are concerning.
SEI Investments Company Price, Consensus and EPS Surprise
SEI Investments Company price-consensus-eps-surprise-chart | SEI Investments Company Quote
Currently, SEI Investments sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Performance of Other Asset Managers
Invesco’s (IVZ - Free Report) second-quarter 2025 adjusted earnings of 36 cents per share lagged the Zacks Consensus Estimate of 40 cents. Moreover, the bottom line declined 16.3% from the prior-year quarter.
Invesco’s results were adversely impacted by higher adjusted operating expenses. However, a rise in adjusted net revenues was a tailwind. An increase in the AUM balance, driven by solid inflows, was another positive.
BlackRock’s (BLK - Free Report) second-quarter 2025 adjusted earnings of $12.05 per share handily surpassed the Zacks Consensus Estimate of $10.66. The figure reflects a rise of 16% from the year-ago quarter.
BlackRock’s results benefited from a rise in revenues. AUM witnessed robust growth, reaching a record high of $12.52 trillion, driven by net inflows, market appreciation and favorable foreign exchange impact. However, higher expenses acted as a headwind.