SEI Reports Fourth-Quarter 2016 Financial Results

25 January 2017

OAKS, Pa., Jan. 25, 2017 -- SEI Investments Company (NASDAQ:SEIC) today announced financial results for the fourth-quarter 2016. Diluted earnings per share were $0.55 in fourth-quarter 2016 compared to $0.48 in fourth-quarter 2015. 

"Our financial results for both the fourth quarter and the full year show modest gains and reflect the ongoing investments we are making to deliver next generation solutions to our clients," said Alfred P. West, Jr., SEI Chairman and CEO. "We continue to anticipate significant change in the markets we serve and will provide broad-based solutions to address our clients’ complex needs. While net-sales events slowed during the fourth quarter, we are well positioned to capitalize on the significant opportunities within our markets.

“Our focus is unwavering on delivering for clients and positioning our company for long-term sustainable growth and increased shareholder value.”

Please read the full press release. (PDF)

Consolidated Overview

(In thousands, except earnings per share) For the Three Months Ended December 31,   For the Twelve Months Ended December 31,   
  2016 2015 % 2016 2015 %
Revenues $368,810  $335,397  10%

$1,401,545

$1,334,208 5%
Net Income 88,611 81,379  9% 333,817 331,655 1%
Diluted earnings per share $0.55 $0.48  15% $2.03  $1.96  4%