
• Reported GAAP EPS of $2.23 up 3.72% YoY • Reported revenue of $1.86B up 5.28% YoY • T. Rowe Price estimates its effective tax rate for the full year 2026, on both a U.S. GAAP and adjusted basis, will be in the range of 23.0% to 26.0%.
Bullish
T. Rowe Price achieved increased net operating income and net revenues, alongside returning $629 million to stockholders. The company is strategically positioned to leverage market volatility with innovative solutions.
Bearish
T. Rowe Price faced $13.7 billion in net client outflows and a decreased effective fee rate due to a mix shift towards lower fee products, alongside a decline in administrative fees.