LPL Financial Q1 net income $339M; diluted EPS $4.24 (+159% YoY)

LPL Financial Holdings Inc.

2023-Q1 EPS reported $4.24 revenue$2,417,832,000

Adjusted EPS $4.49, up 130% YoY; gross profit $1,020M (+52%); EBITDA $564M (+111%).
Total advisory/brokerage assets $1.18T (+1% YoY); organic net new assets $21B (7.5% annualized).
Advisor count 21,521, up 1,430 YoY; recruited assets $85B TTM (+12%).
Client cash balances $55B, down $10B sequentially to 4.6% of total assets.
S&P upgraded LPL to BBB- on April 5; $275M in share repurchases during Q1.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LPL Financial Holdings Inc. reported three months ended March 31, 2023 results: net income $339 million, EPS $4.24.

Period: three months ended March 31, 2023
Net income: $339 million
EPS: $4.24
Result: reported results

Exact text from the filing

On April 27, 2023, LPL Financial Holdings Inc. (collectively with its subsidiaries, the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2023.

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

LPL Financial Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001397911-23-000066

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