BlackRock Assets Hit Record $11.6 Trillion in Fourth Quarter
BlackRock's quarterly results complete a banner year for the asset manager, which has sought to strengthen its position in rapidly growing private markets. It spent about $25 billion last year on infrastructure investment fund Global Infrastructure Partners and private credit business HPS Investment Partners.
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
Key Takeaways BlackRock's assets under management surged 15% year-over-year to $11.55 trillion.The asset manager beat estimates for earnings and revenue in the period.CEO Larry Fink noted that this was the second straight quarter of record inflows for BlackRock.
BlackRock's Assets Hit Record Of Over $11 Trillion In Q4
BlackRock's assets reached a record in the fourth quarter of over $11 trillion, driven by a more than 20% profit increase. The world's largest money manager saw assets rise from nearly $10 trillion a year ago.
BlackRock Q4 Beats Forecasts; Record AUM
Investment management giant BlackRock (NYSE:BLK) reported fourth-quarter and full-year earnings on Wednesday, Jan. 15, that topped analysts' consensus estimates on both top and bottom lines. BlackRock's adjusted earnings per share (EPS) for the quarter hit $11.
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 trillion, up from $10 trillion a year ago. Analysts surveyed by FactSet had expected BlackRock to report a record $11.
BlackRock’s Assets Expected to Hit Fresh Record
Rising stock prices tend to bode well for BlackRock, the world’s largest money manager, as inflows boost the hundreds of funds it offers. The past quarter was likely no exception. Analysts tracked by FactSet expect the New York-based firm to report a record $11.
BlackRock Stock Gains Pre-Market After Hitting Record $11.6 Trillion In Assets: Retail Turns Extremely Bullish
BlackRock’s shares rose 3.3% in premarket trade on Wednesday after the company’s assets hit a record $11.6 trillion at the end of the fourth quarter. The world’s largest asset manager said it garnered a record net inflow of $641 billion in 2024,
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History Uncovered: Industrial Growth in Black Rock
The bridge linked Buffalo to Fort Erie in Canada and provided the impetus for several railroad companies, including the New York Central Railroad Company, to develop resources in Lower Black ...
BlackRock Q4 Earnings: Record Inflows Fuel Revenue And Earnings Beat, AUM Hits $11.6 Trillion Milestone
BlackRock (BLK) reports strong Q4 results with 23% revenue growth and net inflow of $281 billion. AUM increases to $11.6 ...
BlackRock (BLK) Receives a Rating Update from a Top Analyst
Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on BlackRock (BLK – Research Report) yesterday and set a price ...
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That's a Wrap – Black Rock Lock Looks Back on 2024
The Black Rock Lock has wrapped up an eventful year, bringing a mix of challenges and achievements for a lock which is ...
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BlackRock Institutional Trust Company N.A. - iShares Select Dividend ETF
U.S. News compares companies to their industry peers based on a variety of company fundamentals, performance metrics and investor preferences to help you find the right stocks for your investing ...