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Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064 10-Q Filings

MGRE NYSE

Every 10-Q that Affiliated Managers Group, Inc. 6.750% Junior Subordinated Notes due 2064 (MGRE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow MGRE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MGRE filings page.

Rhea-AI Summary

Affiliated Managers Group, Inc. reported stronger results for the three and six months ended June 30, 2026. Consolidated revenue was $640.7 million in Q2 2026, up from $493.2 million a year earlier, and net income attributable to the controlling interest was $185.9 million, versus $84.3 million. Diluted earnings per share rose to $6.95 from $2.80; for the first half of 2026, diluted EPS was $10.76 on controlling-interest net income of $296.3 million.

Assets under management reached $942.4 billion as of June 30, 2026, a 22% increase from $771.0 billion, driven by net client inflows, market gains, and new Affiliate investments. Aggregate fees climbed to $1,661.5 million for the quarter and $3,571.4 million for the first half, reflecting growth in private markets and liquid alternatives. Equity method income (net) also increased to $124.9 million in Q2 2026.

On the balance sheet, total assets were $9,403.5 million and total debt rose to $3,004.0 million, including $650.0 million outstanding under the renewed $1.25 billion revolving credit facility. Operating cash flow was $538.3 million for the first half, while the company repurchased $378.1 million of common stock. AMG completed minority investments in BBH Credit Partners, Garda, and HighBrook, and recorded a $14.6 million gain from the myCIO divestiture, alongside a $43.0 million aggregate impairment of certain acquired client relationships earlier in 2026.

Rhea-AI Summary

Affiliated Managers Group delivered strong Q1 2026 growth. Consolidated revenue rose to $544.9 million from $496.6 million, while net income increased to $146.4 million. Net income attributable to common shareholders climbed to $110.4 million, driving diluted EPS up to $3.84 from $2.20.

Assets under management reached $882 billion, up 24% year over year, with broad growth in private markets and liquid alternatives. Aggregate fees across all Affiliates increased 50% to $1,909.9 million, supported by higher performance-based fees. Equity method income nearly doubled to $147.4 million, reflecting strong results at Affiliates.

AMG closed minority investments in BBH Credit Partners, Garda, and HighBrook, further expanding private markets and credit exposure. Debt rose to $2,918.6 million, including $565.0 million drawn on the revolver, and cash declined to $376.1 million after a $514.6 million cash settlement of junior convertible securities and continued share repurchases.

Rhea-AI Summary

Affiliated Managers Group (AMG) reported stronger Q3 results, with consolidated revenue of $528.0 million versus $516.4 million a year ago and diluted EPS of $6.87 versus $3.78. Net income attributable to controlling interest rose to $212.4 million from $123.6 million, aided by $127.6 million of affiliate transaction gains tied to the Peppertree sale.

Year to date, consolidated revenue was $1,517.8 million, while intangible amortization and impairments totaled $96.0 million. Cash and cash equivalents were $476.1 million at September 30, 2025, down from $950.0 million at year‑end, reflecting $538.0 million invested in Affiliates and share repurchases of $352.1 million in 2025. Debt decreased to $2,371.6 million from $2,620.2 million as the $350.0 million 3.50% senior notes were repaid; the revolver had $100.0 million outstanding.

AMG completed or agreed to several portfolio actions, including the Peppertree sale (after‑tax net proceeds $218.1 million), a partial sale of Comvest for approximately $285 million, and minority investments in NorthBridge, Verition, and Montefiore. Shares outstanding were 28,128,908 as of November 4, 2025.