Virtus Investment Partners — Q3 2026 Earnings Summary

Virtus Investment Partners reported third-quarter 2026 earnings per diluted share of $3.26 on a GAAP basis and $5.86 on an adjusted basis. Total revenues for the quarter were $197.6 million, while net flows totaled negative $6.1 billion, resulting in assets under management of $141.4 billion at the end of the period. The company's operating income decreased to $34.3 million compared to the prior quarter, driven by lower investment management fees and market performance, though adjusted operating income rose to $51.8 million due to reduced employment expenses. Additionally, the firm repurchased $10.0 million of shares and increased its quarterly dividend by 2% to $2.45 per share.