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AMG — Third Quarter 2026 Earnings Summary

AMG reported diluted earnings per share of $6.64 and economic earnings per share of $9.50 for the third quarter of 2026, representing a 56% year-over-year increase in economic earnings. The company achieved record assets under management of $974 billion, driven by $21 billion in net client cash flows, including over $31 billion in alternative strategies. Net income for the controlling interest was $173 million, while adjusted EBITDA reached $354 million, up 41% from the prior year. Additionally, AMG repurchased $400 million of common stock during the quarter, bringing year-to-date buybacks to $775 million.

Company
AFFILIATED MANAGERS GROUP INC
Sector
Financial Services
Industry
Asset Management