Victory Capital(VCTR) - 2024 Q3 - Quarterly Results

Exhibit 99.1 NEWS RELEASE Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share Third-Quarter Highlights • Total Client Assets of $181.1 billion • Long-term gross flows of $5.9 billion • Long-term net flows of ($2.6) billion • GAAP operating margin of 53.3% • GAAP net income per diluted share of $1.24 • Adjusted EBITDA margin of 53.7% • Adjusted net income with tax benefit per diluted share of $1.35 • Board authorizes an 7% increase in regular quarterly cash dividend to $0.44 Sa ...