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AI English summary of an SEC filing — figures as filed

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T. Rowe Price said assets under management at the end of Q2 were $1.68 trillion, an increase of $110.5 billion during the quarter, and net client outflows in the same quarter were $14.9 billion.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. T. Rowe Price said assets under management at the end of Q2 were $1.68 trillion, an increase of $110.5 billion during the quarter, and net client outflows in the same quarter were $14.9 billion.

  2. The company said net revenues for Q2 were $1,723.3 million, down 0.6% from Q2 2024, and operating expenses were $1,245.0 million, up 6.5%, resulting in net operating income of $478.3 million.

  3. T. Rowe Price said diluted earnings per share for Q2 were $2.24, up 6.2% from Q2 2024 of $2.11, and adjusted diluted earnings per share were $2.24, down 0.9% from Q2 2024 of $2.26.

  4. The company said it returned $395 million to stockholders in Q2 from the recurring quarterly dividend and stock repurchases.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q2 AUM $1.68 trillion; Net Client Outflows $14.9 billion

T. Rowe Price said assets under management at the end of Q2 were $1.68 trillion, an increase of $110.5 billion during the quarter, and net client outflows in the same quarter were $14.9 billion.

Source · Based on the filing body and exhibits

Q2 Net Revenues; Operating Expenses; Net Operating Income

The company said net revenues for Q2 were $1,723.3 million, down 0.6% from Q2 2024, and operating expenses were $1,245.0 million, up 6.5%, resulting in net operating income of $478.3 million.

Source · Based on the filing body and exhibits

Q2 Diluted EPS $2.24; Adjusted Diluted EPS $2.24

T. Rowe Price said diluted earnings per share for Q2 were $2.24, up 6.2% from Q2 2024 of $2.11, and adjusted diluted earnings per share were $2.24, down 0.9% from Q2 2024 of $2.26.

Source · Based on the filing body and exhibits

Q2 Stockholder Returns $395 million

The company said it returned $395 million to stockholders in Q2 from the recurring quarterly dividend and stock repurchases.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.