T. Rowe Price Group, Inc. (TROW)

The company now

T. Rowe Price reported third-quarter 2026 net revenues of $2,004.9 million on 29 October, up 5.9% from a year earlier 1. Diluted earnings per share were $2.79, against $2.87 a year before 1.

Clients took out more than they put in 1. Net client outflows were $28.3 billion in the quarter, and assets under management ended at $1.9 trillion 1. Assets fell $30.7 billion from 30 June, driven by those outflows and a market decline of $2.4 billion 2.

The fee earned on each dollar managed slipped to 37.8 basis points from 39.1 a year earlier (a basis point is one hundredth of a percentage point) 1. The company says clients moved toward lower-fee products 1.

In August the firm agreed to buy F/m Investments for about $75 million, plus up to $50 million more depending on results 2. Closing is expected in the first quarter of 2027, subject to regulatory approvals 2.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.