Core Insights - The company reported strong individual credit selection and no exposure to high-profile credit issues, with a robust pipeline of pending transactions in private credit deployment [1] - The strategic collaboration with Goldman Sachs aims to provide diversified public and private market solutions tailored for retirement and wealth investors, focusing on model portfolios, multi-asset offerings, and personalized advice solutions [1][5][6] Investment Performance - Fixed income performance was strong, with over 70% of fund assets outperforming peer groups across all reported time periods, while the target date franchise showed 81%, 71%, and 98% of fund assets beating peers over three, five, and ten years respectively [2] - On an asset-weighted basis, 64%, 57%, and 78% of fund assets outperformed peer groups over three, five, and ten years, with a notable improvement in one-year performance, where 53% of fund assets beat peers [3] Assets Under Management - The company reached a record high of $1.77 trillion in assets under management as of September 30, indicating strong growth and client interest [4] - The company introduced new retirement allocation funds in Asia, marking a significant expansion into retail markets in Hong Kong and Singapore [9] Strategic Initiatives - The collaboration with Goldman Sachs will include a co-branded series of model portfolios and multi-asset public-private market solutions, expected to launch by mid-2026 [5][6][7] - The company is developing a managed account platform for independent advisors, combining investment capabilities from T. Rowe Price and Goldman Sachs [7] Financial Results - The adjusted diluted EPS for Q3 2025 was $2.81, reflecting higher revenue driven by increased average AUM, despite experiencing $7.9 billion in net outflows [12] - Investment advisory fees increased to $1.7 billion, up over 4% from Q3 2024, while total adjusted revenues reached $1.9 billion, a 6% increase year-over-year [14] Expense Management - Adjusted operating expenses for Q3 2025 were $1.1 billion, up slightly from the previous year but down from the prior quarter, with a focus on managing costs effectively [15][16] - The company is implementing a broad expense management program to keep controllable expense growth in the low single digits for 2026 and 2027 [16][19] Capital Management - The company maintains a strong financial position with over $4.3 billion in cash and discretionary investments, and has repurchased $158 million worth of shares in Q3 2025 [18] - The company continues to buy back shares, surpassing $525 million year-to-date, indicating a commitment to returning value to shareholders [18]

Key Takeaways T. Rowe Price's adjusted EPS of $2.81 topped estimates and rose 9.3% year over year.Net revenues grew 6% to $1.89 billion, led by higher advisory fees and capital-based income.AUM increased 8.6% to $1.77 trillion, supported by market appreciation and strong liquidity.Shares of T. Rowe Price Group, Inc. (TROW) rose 1.8% in today’s pre-market trading session on better-than-expected quarterly results. Its third-quarter 2025 adjusted earnings per share (EPS) of $2.81 beat the Zacks Consensus Estim ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-Q ______________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-32191 ______________________________________ T. ROWE PRI ...

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T. Rowe Price (TROW) came out with quarterly earnings of $2.81 per share, beating the Zacks Consensus Estimate of $2.55 per share. This compares to earnings of $2.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.20%. A quarter ago, it was expected that this financial services firm would post earnings of $2.15 per share when it actually produced earnings of $2.24, delivering a surprise of +4.19%.Over the last four quarter ...

T. Rowe Price Group (NasdaqGS:TROW) Q3 2025 Earnings Call October 31, 2025 08:00 AM ET Speaker3Good morning. My name is Daniel, and I will be your conference facilitator today. Welcome to T. Rowe Price Group's third quarter 2025 earnings conference call. All participants will be in listen-only mode until the question-and-answer period. I will give you instructions on how to ask questions at that time. As a reminder, this call is being recorded and will be available for replay on T. Rowe Price Group's websit ...

Forward-Looking Statement This presentation, and other statements that T. Rowe Price may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to T. Rowe Price's future financial or business performance, strategies, or expectations. Forward-looking statements are typically identified by words or phrases such as "trend," "potential," "opportunity," "pipeline," "believe," "comfortable," "expect," "anticipate," "current," "intention," "est ...

T. ROWE PRICE GROUP REPORTS THIRD QUARTER 2025 RESULTS BALTIMORE (October 31, 2025) - T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its results for the third quarter of 2025. Rob Sharps, chair, CEO, and president, commented, "We reached an end of period high with $1.77 trillion in AUM as of September 30 and created an opportunity to bring innovative new solutions to market for our clients with our recently announced strategic collaboration with Goldman Sachs." Financial Highlights | | | | | | T ...

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