Press Releases

BlackRock’s Laurence D. Fink to Present at the 2017 Deutsche Bank Global Financial Services Conference on May 30th

Apr 19, 2017

BlackRock Reports First Quarter 2017 Diluted EPS of $5.23, or $5.25 as adjusted

  • $80 billion of long-term net inflows, positive across product type, client type and region, reflect strength of diversified business model
  • 8% increase in revenue year-over-year driven by growth in base fees, performance fees and technology and risk management revenue
  • 19% increase in operating income (10% as adjusted) year-over-year reflects operating margin expansion and benefits of scale for clients and shareholders
  • 33% increase in diluted EPS (24% as adjusted) year-over-year also includes the impact of a discrete tax benefit associated with new accounting guidance for share-based payments
  • 9% increase in quarterly cash dividend to $2.50 per share and $275 million of share repurchases

 

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About BlackRock

BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their most important goals. As of March 31, 2018, the firm managed approximately $6.317 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com.