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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

The combination triples infrastructure AUM and doubles private markets run-rate management fees. increased 5%, reflecting a higher tax rate compared to a year ago. Our as-adjusted tax rate for the third quarter was 26%. We continue to estimate that 25% is a reasonable projected tax run rate for the remainder of 2024.

Assets 130
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Main Street Capital (MAIN) Q4 2023 Earnings Call Transcript

The Motley Fool

We also benefited from significant fair value appreciation in the value of the external investment manager due to a combination of increased fee income, growth in assets under management, and broader market-based drivers. There are currently tax rules that sunset in '25.

Capital 130
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Blue Owl Capital (OWL) Q4 2023 Earnings Call Transcript

The Motley Fool

We finished 2023 on a strong note with another consecutive quarter of management fee and FRE growth, 11 for 11 since we've been a public company, against a market backdrop that has been exceptionally volatile and uncertain. We intend to launch a strategy focused on triple net lease in Europe, driven by deal flow we already see today.

Capital 130
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Blackstone (BX) Q3 2024 Earnings Call Transcript

The Motley Fool

Notwithstanding the temporary impact from these fee holidays, management fees in the third quarter increased 8% year over year to a record $1.8 Fee-related earnings were $1.2 per share, up 5% year over year, underpinned by the growth in management fees. billion in the third quarter or $0.96

Debt 130
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Grocery Outlet (GO) Q3 2024 Earnings Call Transcript

The Motley Fool

Deal flow is very strong, and we believe that we are still the best partner in the industry. Our effective GAAP tax rate during the quarter was 28.6%, an increase over the effective tax rate in the third quarter of 2023 of 18.6%. We continue to expect a normalized tax rate of about 32%. million or $0.24

Taxes 130
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Walker & Dunlop (WD) Q4 2023 Earnings Call Transcript

The Motley Fool

Typically, the fourth quarter is the strongest quarter of revenues for Walker & Dunlop Affordable Equity, formerly Alliant, due to the gains realized from the disposition of maturing tax credit deals. And as a result, investment management revenues were down quarter over quarter.

Debt 100
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JPMorgan Chase (JPM) Q4 2023 Earnings Call Transcript

The Motley Fool

Asset and wealth management reported net income of 925 million with pre-tax margin of 28%. billion was up 2% year on year driven by higher management fees on strong net inflows and higher average market levels, predominantly offset by lower NII. And then to complete our lines of business, AWM on Page 8. Revenue of 4.7

Banks 130