AllianceBernstein Holding LP

AB: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$Gx	LOCK\|rcP	LOCK\|jvB@B#

AllianceBernstein Earnings: Outflows Offset Equitable Mandate; Shares Slightly Undervalued

Greggory Warren

Jul 28, 2026

AB ended June 2026 with a record $905.5 billion in assets under management, or AUM, up 8.0% sequentially and 9.2% year over year. While fee rates decreased year over year, adjusted second-quarter revenue rose 5.1% to $888 million and adjusted operating margins rose 70 basis points to 33.0%.

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AllianceBernstein Holding LP

AllianceBernstein Earnings: Outflows Offset Equitable Mandate; Shares Slightly Undervalued

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