LPL Financial (LPLA) Tops Q4 EPS by 9c
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LPL Financial Announces Fourth Quarter and Full Year 2019 Results
January 30, 2020 4:05 PM EST
Fourth Quarter 2019 Key Performance Indicators
Earnings per share ("EPS") increased 13% year-over-year to $1.53. Net Income increased 5% year-over-year to $127 million. EPS Prior to Amortization of Intangible Assets** increased 13% year-over-year to $1.68.Total Brokerage and Advisory Assets increased 22% year-over-year to $764 billion.Total organic net new assets were an inflow of $8.8 billion, translating to a 4.9% annualized growth rate. Organic net new advisory assets were an inflow of $9.6 billion, translating to an 11.4% annualized growth rate.Organic net new brokerage assets were an outflow of $0.8... More
