Victory Capital posts record Q3 2026 client assets and net flows, announces First Eagle acquisition
Victory Capital reported third‑quarter 2026 results with total client assets of $355.5 billion and record long‑term gross sales of $30.5 billion. Net inflows reached $11.7 billion, driving adjusted EBITDA of $212 million at a 53.5% margin. The board declared a $0.50 per share quarterly dividend and the company signed a definitive agreement to acquire First Eagle Investments, targeting a closing by the end of Q1 2027.
Why it matters
The $0.50 dividend provides immediate cash return to shareholders (). The First Eagle acquisition will add roughly $222 billion of AUM and expand the firm’s distribution footprint, potentially boosting future earnings (). The record flows and strong margin support the company’s guidance for continued single‑digit organic growth ().
Key facts
- 1Total client assets at quarter‑end were $355.5 billion. stocktitan.net
- 2Long‑term gross sales for the quarter were a record $30.5 billion. stocktitan.net
- 3Long‑term net inflows for the quarter were $11.7 billion. stocktitan.net
- 4Adjusted EBITDA was $212 million, yielding a 53.5% margin. stocktitan.net
- 5GAAP net income per diluted share was $1.11. stocktitan.net
- 6Adjusted earnings per diluted share (including tax benefit) were $1.98. stocktitan.net
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.