AllianceBernstein Holding LP
AB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xm@ | LOCK|p% | LOCK|FrY@qB |
AllianceBernstein Earnings: Continued Gradual Improvements in First Quarter a Net Positive
AllianceBernstein ended March 2025 with $785 billion in assets under management, or AUM, down 1.0% sequentially but up 3.4% year over year. Despite fee rates rising year over year, adjusted first-quarter revenue declined 5.2%. Adjusted operating margins increased to 33.7% from 30.2% year over year.
