---
schema_version: "secwatch.filing_event.v1"
accession: "0001165002-23-000045"
form_type: "8-K"
ticker: "WHG"
cik: "0001165002"
company_name: "WESTWOOD HOLDINGS GROUP INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:52:54.753155+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Westwood Q1 2023 revenue $22.7M, net income $0.7M; declares $0.15 dividend

## Summary
- Revenue $22.7M vs $20.5M in Q4 2022 and $17.2M a year ago; net income $0.7M (vs net loss $3.1M in Q4).
- Diluted EPS $0.09; non-GAAP Economic Earnings $3.6M ($0.45 per share) vs Q4 loss $0.7M.
- Quarterly cash dividend of $0.15 declared, payable July 3, 2023 to holders of record June 2, 2023.
- Integration of Salient Partners on track; increased Broadmark Asset Management stake to ~80%.
- AUM/AUA $16.2B at quarter end; $32.3M cash and short-term investments, no debt.

## SEC filing metadata
- accession: 0001165002-23-000045
- form_type: 8-K
- ticker: WHG
- cik: 0001165002
- company_name: WESTWOOD HOLDINGS GROUP INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1165002/000116500223000045/0001165002-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1165002/000116500223000045/whg-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001165002-23-000045
- JSON: https://secwatch.observer/filing/0001165002-23-000045.json
- Plain text: https://secwatch.observer/filing/0001165002-23-000045.txt

## Key facts
- Earnings Releases
  WESTWOOD HOLDINGS GROUP INC reported the quarter ended March 31, 2023 results: revenue $22.7 million, net income $0.7 million.
  - Period: the quarter ended March 31, 2023
  - Revenue: $22.7 million
  - Net income: $0.7 million
  - Result: reported results
  source text: rankings benefited from strong investment performance as High Alpha achieved a top eVestment ranking and MidCap Value posted a top quartile eVestment ranking. ▪ Revenues totaled $22.7 million compared with the fourth quarter's $20.5 million and $17.2 million a year ago. Net income of $0.7 million, which included $0.2 million residual transaction costs for the Salient
  evidence_url: https://www.sec.gov/Archives/edgar/data/1165002/000116500223000045/0001165002-23-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.