Integrated Cash Program

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SEI(SEIC) - 2025 Q2 - Earnings Call Presentation
2025-07-23 21:00
Financial Performance - SEI Investments Company's Q2 2025 revenues reached $559.6 million, a 7.8% increase compared to Q2 2024 and a 1.5% increase compared to Q1 2025[5] - Operating income for Q2 2025 was $148.6 million, up 8.9% year-over-year but down 5.4% sequentially[5] - Net income for Q2 2025 surged to $227.1 million, a 63.2% increase compared to Q2 2024 and a 49.9% increase compared to Q1 2025[5] - Earnings per share (EPS) for Q2 2025 was $1.78, a 69.5% increase year-over-year and a 52.1% increase sequentially[5] - Assets Under Management (AUM) reached $517.5 billion, a 10.0% increase compared to Q2 2024 and a 6.5% increase compared to Q1 2025[5] - Assets under Administration, Platform & Advisement totaled $1,177.4 billion, an 11.8% increase year-over-year and a 5.1% increase sequentially[5] Business Unit Performance - Private Banking revenue increased, driven by several client go-lives during Q2 2025[12] - Investment Managers revenue growth reflects double-digit alts increase offset by modest decline in traditional due to mark-to-market pressure[12] - Investment Advisors revenue year-over-year growth was driven by $21 million in Integrated Cash Program revenue, up $11 million from Q2 2024[12] Capital Allocation - The company returned significant capital to shareholders during Q2 2025, with buybacks exceeding $700 million on a trailing twelve-month (TTM) basis[21]