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BlackRock assets hit record $11.6 trillion in 4th quarter
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world's largest money manager said on Wednesday.
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 trillion, up from $10 trillion a year ago. Analysts surveyed by FactSet had expected BlackRock to report a record $11.
BlackRock’s Assets Expected to Hit Fresh Record
Rising stock prices tend to bode well for BlackRock, the world’s largest money manager, as inflows boost the hundreds of funds it offers. The past quarter was likely no exception. Analysts tracked by FactSet expect the New York-based firm to report a record $11.
BlackRock AUM hits record $11.6 trillion
BlackRock reported a record high of $11.55 trillion in assets under management at the end of the fourth quarter, up 15% from $10 trillion in the period a year ago and an increase from $11.48 trillion in the third quarter, according to a Jan. 15 earnings release.
BlackRock assets reach record $11.6 trillion in Q4. Stock rises.
BlackRock (BLK) shares gain after the asset manager released fourth quarter results, showing profit increased 21% from 2023 while assets under management hit a record high of $11.55 trillion. Morning Brief Co-Hosts Seana Smith and Brad Smith break down what investors need to know about BlackRock's earnings report.
BlackRock’s Profit Jump 21%. The Stock Is Rising.
BlackRock reported fourth-quarter earnings per share of $10.63. On an adjusted basis, per-share earnings of $11.93 topped analysts’ forecasts of $11.24. The world’s largest asset manager reported net income of $1.
BlackRock's Assets Hit Record Of Over $11 Trillion In Q4
BlackRock's assets reached a record in the fourth quarter of over $11 trillion, driven by a more than 20% profit increase. The world's largest money manager saw assets rise from nearly $10 trillion a year ago.
BlackRock Stock Gains Pre-Market After Hitting Record $11.6 Trillion In Assets: Retail Turns Extremely Bullish
BlackRock’s shares rose 3.3% in premarket trade on Wednesday after the company’s assets hit a record $11.6 trillion at the end of the fourth quarter. The world’s largest asset manager said it garnered a record net inflow of $641 billion in 2024,
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BlackRock Earnings: Profit Increases; Assets Set Record
BlackRock’s profits rose and assets under management edged up to a record $11.55 trillion in the fourth quarter. BlackRock ...
21h
BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter ...
14h
BlackRock's Strong ETF Flows Propel AUM to $11.55 Trillion in 2024
ETF inflows powered the asset manager's full-year earnings results to the tune of $641 billion; meanwhile, a potential ...
20h
BlackRock kicks off busy earnings day, booking $284 billion inflow for record Q4
As investors await earnings from the big banks, they've just gotten the latest results from BlackRock. The company said $284 billion flowed into its total assets under management (AUM), which amounted ...
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on MSN
BlackRock reports record revenues as push into private markets fuels growth hopes
BlackRock attracted a record amount of new money in each of the final two quarters of 2024, capping a year in which the world ...
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on MSN
BlackRock assets hit record $11.6 trillion in fourth quarter of 2024
BlackRock's assets hit a record high $11.6 trillion in the fourth quarter of last year as the world's largest money manager ...
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BlackRock expected to post booming earnings — as Larry Fink’s firm shifts from woke investing of past
Red State treasurers still look at BlackRock’s CEO Larry Fink with skepticism, but these days less so, and they’ve largely ...
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