earnings
confidence high
sentiment positive
materiality 0.90
LPL Financial Q1 EPS $4.43 (adj $5.60), assets up 30% to $2.3T; lowers Core G&A outlook
LPL Financial Holdings Inc.
2026-Q1 EPS reported
$4.43
revenue$4,938,434,000
- Net income $356M, diluted EPS $4.43 (+4% YoY); adjusted EPS $5.60 (+9% YoY).
- Total client assets $2.3T (+30% YoY); advisory assets $1.4T (+42% YoY, 59.5% of total).
- Recruited assets $17B (-55% YoY); organic net new assets $21B (4% annualized growth).
- Commonwealth conversion on track for Q4 2026; run-rate EBITDA estimate cut to $410M from $425M.
- Core G&A 2026 outlook lowered $20M to $2,155–2,190M; $125M share repurchases planned in Q2.
item 2.02item 9.01