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AI brief of an SEC Form 8-K · Victory Capital Holdings (VCTR)

Victory Capital Q2 net income rises 31% to $74.3 million, diluted EPS $1.12

Mixed Impact 3 of 5 earnings Written later

Victory Capital reported second-quarter 2024 revenue of $219.6 million, up 7.5% from a year earlier, and GAAP net income of $74.3 million, up 31.0%. The company also raised its quarterly dividend 11% to $0.41 per share, but total AUM fell to $168.7 billion on net outflows of $1.7 billion during the quarter.

Key points

  • Q2 2024 GAAP diluted EPS was $1.12, compared with $0.83 in Q2 2023; adjusted net income with tax benefit per diluted share was $1.31, compared with $1.11.
  • Revenue was $219.6 million, up 7.5% from $204.2 million, driven by higher average AUM.
  • Total AUM was $168.7 billion at June 30, 2024, down from $170.3 billion at March 31, 2024, on net outflows of $1.7 billion.
  • Quarterly dividend increased to $0.41 per share from $0.37, payable September 25, 2024 to holders of record on September 10, 2024.

The filing

CompanyVictory Capital Holdings (VCTR)
Form8-K, current report
Filed with the SECAug 8, 2024, 4:39 PM ET
Accession number0000950170-24-094116

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 08, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.