AllianceBernstein Holding LP
AB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HV# | LOCK|<Fp | LOCK|@>rbSDq |
AllianceBernstein Earnings: Equity Outflows Continue; Shares Slightly to Modestly Undervalued
AllianceBernstein ended September 2026 with $900.4 billion in assets under management, down 0.6% sequentially but up 4.7% year over year. While base fee rates dropped year over year, adjusted third-quarter revenue rose 2.2% to $904 million as adjusted operating margins fell 70 basis points to 33.5%.
