SEI Investments Company today announced financial results for the fourth-quarter 2021
Press release
SEI Reports Fourth-Quarter 2021 Financial Results
OAKS, Pa., Jan. 26, 2022 – SEI Investments Company (NASDAQ:SEIC) today announced financial results for the fourth-quarter 2021. Diluted earnings per share were $1.03 in fourth-quarter 2021 compared to $0.86 in fourth-quarter 2020.
(In thousands, except earnings per share) |
For the Three Months Ended Dec. 31, |
For the Twelve Months Ended Dec. 31, |
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2021 | 2020 | % | 2021 | 2020 | % | |
Revenue | $501,650 | $443,723 | 13% | $1,918,309 | $1,684,058 | 14% |
Net income | 145,300 | 125,882 | 15% | 546,593 | 447,286 | 22% |
Diluted earnings per share | $1.03 | $0.86 | 20% | $3.81 | $3.00 | 27% |
“Our record financial results for 2021 reflect continued sales momentum, success in delivering our solutions to our markets, and positive capital markets. We’ve made significant progress in executing against our growth strategy,” said Alfred P. West, Jr., SEI Chairman and CEO.
“We believe our recent acquisitions enhance our capabilities, expand our competitive market presence, and enhance our growth opportunities in our markets. We also continued our research and development investments that have advanced our technology and new business initiatives. At the core of our long-term success is a talented, dedicated workforce and tremendous leadership across SEI globally.
“As we continue to connect our markets to their future potential through our technology and investment solutions, we are well-positioned to continue seizing growth opportunities that will lead to increased shareholder value.”