LPL Financial Holdings Inc

LPLA: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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LPL Financial Earnings: Expense Discipline Catches the Eye Amid Strong Quarter; Shares Very Cheap

Sean Dunlop

Jan 30, 2026

LPL Financial reported fourth-quarter 2025 earnings, which were slightly distorted by the ongoing integration of the firm's Commonwealth Financial Network integration. Still, LPL notched record adjusted EPS of $20.09 for full-year 2025, and saw total client assets approach $2.4 trillion.

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LPL Financial Holdings Inc

LPL Financial Earnings: Expense Discipline Catches the Eye Amid Strong Quarter; Shares Very Cheap

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