Victory Capital(VCTR) - 2024 Q2 - Quarterly Results

Exhibit 99.1 NEWS RELEASE Victory Capital Reports Strong Second Quarter Results and Record Earnings Per Share Second-Quarter Highlights • Total Client Assets of $173.8 billion • Long-term gross flows of $5.8 billion • Long-term net flows of ($1.7) billion • GAAP operating margin of 50.4% • GAAP net income per diluted share of $1.12 • Adjusted EBITDA margin of 53.0% • Adjusted net income with tax benefit per diluted share of $1.31 • Board authorizes an 11% increase in regular quarterly cash dividend to $0.41 ...