GlobeNewswire·Nov 5, 2026, 4:10 PM ET

Westwood Holdings Group, Inc. Reports Third Quarter 2026 Results

WHG

Westwood Holdings Group reported third quarter 2026 earnings with revenues of $26.6 million, up from $25.3 million in Q2 2026 & $24.3 million in Q3 2025.
The company launched PWRX, the first new ETF on the Texas Stock Exchange, & its ETF platform assets surpassed $430 million.
Private capital commitments totaled $30 million in the quarter & nearly $200 million year-to-date.
Defined contribution plans were funded with over $450 million in SMidCap investments.
Net income for the quarter was $3.1 million compared to $1.5 million in Q2 2026 & $3.7 million in Q3 2025.
Non-GAAP Economic Earnings were $4.4 million ($0.48 per share) compared to $3.0 million in Q2 2026 & $5.7 million in Q3 2025.
Firmwide assets under management & advisement totaled $17.1 billion, consisting of $16.1 billion in AUM & $1.0 billion in AUA.
Investment strategies including Select Equity, Multi-Asset Income, Real Estate Income, & Tactical Growth SMA beat their primary benchmarks.
AllCap Value, Select Equity, & Multi-Asset Income posted top quartile rankings vs. peers, while Real Estate Income posted top decile rankings.
Westwood held $65.0 million in cash & investments as of September 30, 2026, with stockholders' equity at $129.1 million.
A cash dividend of $0.15 per common share was declared, payable on January 4, 2027, to stockholders of record on December 1, 2026.
Diluted earnings per share were $0.34 for the quarter, compared to $0.17 in Q2 2026 & $0.41 in Q3 2025.
Higher net income in Q3 2026 vs. Q2 2026 was driven by increased revenues & unrealized gains on private investments, offset by $1.7 million in one-time severance expenses & higher taxes.
The quarter's net income vs. Q3 2025 was lower due to one-time severance expenses, higher professional services costs, & higher income taxes, despite revenue growth.

Company: Westwood Holdings Group Inc
Keywords: NYSE:WHG, Westwood Holdings Group Inc