trending Market Intelligence /marketintelligence/en/news-insights/trending/zFksOHjIUArizBi9VbInYw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Invesco reports lower net income, revenues YOY in Q4'16

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks


Invesco reports lower net income, revenues YOY in Q4'16

Invesco Ltd. reported fourth-quarter 2016 adjusted net income attributable to the company of $240.1 million, or 59 cents per share, down from $243.8 million, or 58 cents per share, in the year-ago quarter.

The S&P Capital IQ consensus normalized EPS estimate for the quarter was 58 cents.

Net revenues for the quarter fell to $863.8 million from $886.1 million in the prior-year period.

AUM was booked at $812.9 billion at Dec. 31, 2016, down from $820.2 billion at Sept. 30, 2016, but up from $775.6 billion at Dec. 31, 2015. Net market gains led to a $6.4 billion increase in AUM during the fourth quarter, compared with a $23.6 billion increase in the third quarter. Average AUM during the quarter totaled $809.0 billion, down from $814.1 billion in the previous quarter.

Total net inflows for the quarter were $1.1 billion, compared with $19.2 billion in the previous quarter, and $4.1 billion in the year-ago quarter.

For the full year 2016, the company reported adjusted net income attributable to the company of $924.1 million, or $2.23 per share, down from $1.05 billion, or $2.44 per share, in 2015.

The S&P Capital IQ consensus normalized EPS estimate for 2016 was $2.22.