AllianceBernstein (AB) Tops Q4 EPS by 16c

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Go back to AllianceBernstein (AB) Tops Q4 EPS by 16c

AllianceBernstein Holding L.P. Announces Fourth Quarter Results

February 11, 2021 6:20 AM EST

NEW YORK, Feb. 11, 2021 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today reported financial and operating results for the quarter and year ended December 31, 2020.

"Despite facing unprecedented global challenges in 2020, our firm's diversified platform continued its growth trajectory," said Seth P. Bernstein, President and CEO of AllianceBernstein. "Our talented people remained fully invested in helping our clients reach their financial goals. Strength in active equities, including ESG, helped drive full year active net inflows of $14.9 billion, or a 3% active organic growth rate, excluding... More