The Motley Fool

JULY 19, 2023

That sent net income for common shareholders falling 62% to $1.07 In addition, incentive fees on asset and wealth management nearly disappeared, although management fees moved higher. Goldman's Q2 financial results were weak. Revenue of $10.90 billion was down 8% year over year. billion, working out to $3.08

Mergers and Acquisitions 130

Mergers and Acquisitions Banks Management Fees Investment Banks 130

The Motley Fool

AUGUST 1, 2024

Blue Owl had a very active second quarter, reporting another record quarter of earnings and announcing highly strategic acquisitions that further diversify our business. Over the last 12 months, we have generated 23% fee-related earnings growth at 19% distributable earnings growth from the prior-year period.

Capital 130

Capital Mergers and Acquisitions Management Fees Asset Management 130

The Motley Fool

OCTOBER 11, 2024

On October 1, we closed on our acquisition of Global Infrastructure Partners. The combination triples infrastructure AUM and doubles private markets run-rate management fees. Our planned acquisition of Preqin is accelerating this exciting private markets data and analytics journey for BlackRock and our clients.

Assets 130

Assets Leveraging Mergers and Acquisitions Capital 130

The Motley Fool

FEBRUARY 7, 2024

Our disciplined approach to capital deployment enables us to effectively balance investing in the long-term growth of our businesses with returning capital to shareholders. In the fourth quarter, we returned over $700 million of capital to shareholders. And the third is returning excess capital to shareholders as we have in the past.

Mergers and Acquisitions 130

Mergers and Acquisitions Capital Assets Liabilities 130

The Motley Fool

FEBRUARY 9, 2024

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. This robust growth has allowed us to return significant capital to our shareholders. Thank you, Ann.

Capital 130

Capital Stakes Securities and Exchange Commission (SEC) Management Fees 130

The Motley Fool

JANUARY 16, 2025

All of the success and balance sheet strength allowed us to deliver more capital back to our shareholders. We returned $21 billion of capital to shareholders in 2024, which was 75% more than 2023 and included an 8% increase in the common dividend. Shareholders' equity was flat at around $295 billion. We drove healthy returns.

Banks 130

Banks Leveraging Capital Accounting 130

The Motley Fool

OCTOBER 11, 2024

Card outstandings were up 11% due to strong account acquisition and the continued normalization of revolve. Asset and wealth management reported net income of $1.4 And to be fair, your long-term shareholders really don't care about whether it's 87% or 85%, right? Our shareholders will be very well-served by just waiting.

Banks 130

Banks Capital Assets Mergers and Acquisitions 130