OAKS, Pa., April 21, 2021 – SEI Investments Company (NASDAQ:SEIC) today announced financial results for the first-quarter 2021. Diluted earnings per share were $0.89 in first-quarter 2021 compared to $0.72 in first-quarter 2020.

Consolidated Overview

(In thousands, except
earnings per share)
For the Three Months
Ended March 31,
 
  2021 2020 %
Revenues $455,686 $414,762 10%
Net income 129,470 109,242 19%
Diluted earnings per share $0.89 $0.72 24%

“Our first-quarter results reflect positive capital market performance. We continue to execute our business strategies across the company and invest in the strength and expansion of the solutions we bring to our target markets,” said Alfred P. West, Jr., SEI Chairman and CEO. “We had solid sales results in processing and operational services, helping us offset the anticipated headwinds our asset management businesses face.”

“Our long-term success is built on a strong foundation of advancing our suite of solutions, leading in our markets, effectively executing strategies, and soundly managing finances—all backed by a talented workforce. We will continue to drive our success forward for the benefit of our clients, employees, communities and shareholders.”

Please read the full press release.