Every material Form 8-K Victory Capital Holdings filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Victory Capital reported third-quarter 2024 results on November 7, 2024. Revenue rose 7.6% year over year to $225.6 million, and GAAP diluted earnings per share were $1.24, up from $0.77, though the company also recorded $2.6 billion in long-term net outflows for the quarter. The board raised the quarterly dividend to $0.44 per share from $0.41, and management said the pending Amundi transaction is expected to close in the first quarter of 2025.
Q3 2024 revenue of $225.6 million, up 7.6% from $209.7 million a year earlier and up 2.7% from $219.6 million in Q2 2024
GAAP net income of $82.0 million, or $1.24 per diluted share, versus $52.0 million, or $0.77, in Q3 2023
Long-term net outflows of $2.6 billion in the third quarter; total AUM ended at $176.1 billion
Quarterly dividend raised to $0.44 per share from $0.41, payable December 23, 2024, to holders of record on December 9, 2024
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.
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.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Victory Capital Holdings filing is on SEC EDGAR ↗. 8-K briefs of other companies →