LPL Financial Q2 FY26 net income rises 39% to $379 million; revenue climbs 35% to $5.19 billion

Reuters2026/07/30 20:23

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LPL Financial Q2 2026 net income rose 39% year-over-year to $379 million; diluted EPS climbed 39% to $4.74.
Revenue increased 35% from a year ago to $5.19 billion; total client assets climbed 34% to $2.6 trillion.
Total organic net new assets were $23 billion, representing 4% annualized growth; recruited assets rose 35% to $25 billion.
Share repurchases totaled $309 million; the board boosted repurchase authorization by $2.5 billion and declared a $0.30 per share dividend.
CEO Rich Steinmeier said LPL remains on track to onboard Commonwealth later this year; conversion is expected in Q4 2026 with about 90% retention.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LPL Financial Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301605PRIMZONEFULLFEED9801188) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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LPL Financial Q2 FY26 net income rises 39% to $379 million; revenue climbs 35% to $5.19 billion

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