Detail akcie T Rowe Price Gp online

Business Summary: T. Rowe Price Group, Inc. is a global asset management company. The Company provides a broad range of investment solutions across equity, fixed income, multi-asset, and alternative capabilities for clients around the world - from individuals to advisors to institutions to retirement plan sponsors. It also provides certain investment advisory clients with related administrative services, including distribution, mutual fund transfer agent, accounting and shareholder services; participant recordkeeping and transfer agent services for defined contribution retirement plans; brokerage; trust services, and non-discretionary advisory services through model delivery. The Company distributes its active investment solutions through a diverse set of distribution channels and vehicles to meet the needs of its clients globally. These vehicles include an array of United States mutual funds, collective investment trusts, subadvised funds, separately managed accounts, and other sponsored products.
Financial Summary: BRIEF: For the six months ended 30 June 2024, T Rowe Price Group Inc revenues increased 11% to $3.48B. Net income applicable to common stockholders increased 17% to $1.03B. Revenues reflect Fees for Other Customer Services increase of 11% to $3.14B, Administrative, distribution, and servic increase of 10% to $296.7M. Net income benefited from Net gains on investments - Balancing increase from $11.7M to $34.2M (income).