earnings
confidence high
sentiment positive
materiality 0.80
LPL Financial Q2 net income $379M, EPS $4.74 up 39% YoY; adjusted EPS $5.84 up 29%
LPL Financial Holdings Inc.
- Net income $379M, diluted EPS $4.74 (+39% YoY); adjusted EPS $5.84 (+29%).
- Total client assets $2.6T (+34% YoY); advisory assets $1.5T (+46%).
- Recruited assets $25B in Q2 (+35% YoY); trailing twelve months $89B.
- Commonwealth conversion on track for Q4 2026; estimated run-rate EBITDA raised to $435M.
- Board approved $2.5B increase to share repurchase authorization; $309M repurchased in Q2.