secwatch.observer — SEC 8-K summary
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Issuer:     Victory Capital Holdings, Inc. (VCTR)
CIK:        0001570827
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000950170-24-057171
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Victory Capital Q1: GAAP EPS $0.84, adj. $1.25; AUM $175.5B; dividend up 10%; Amundi deal MOU
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- GAAP net income $0.84 per diluted share; adjusted net income with tax benefit $1.25 per diluted share.
- Long-term gross flows $7.0B, net flows ($1.0B); net flows turned positive in March, best in over a year.
- GAAP operating margin 39.3%, adjusted EBITDA margin 52.1%; revenue and adjusted EBITDA highest in six quarters.
- Board authorized 10% increase in quarterly cash dividend to $0.37 per share, payable in June 2024.
- Post-quarter, non-binding MOU with Amundi to combine Amundi US and establish 15-year distribution agreements; definitive agreement target by end of June.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1570827/000095017024057171/0000950170-24-057171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1570827/000095017024057171/vctr-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-057171

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer