Record-Breaking Net Income
Fourth quarter net income reached a record $85.7 million, with a 12% growth in net income year-over-year. The net income was up 35% compared to the preceding third quarter.
Strong Revenue Performance
Operating revenues surpassed $1.2 billion, marking a 31% increase versus the prior year and a 17% increase versus the immediately preceding quarter.
Successful Acquisitions
The acquisition of R.J. O'Brien and Benchmark contributed significantly to financial results, with RJO contributing $22.1 million and Benchmark $2.4 million in pretax net income for the quarter.
Growth in Client Assets
Client equity balances reached a high of $13.7 billion by the end of September 2025, with significant contributions from the RJO acquisition.
Institutional Segment Success
The institutional segment saw record net operating revenues and segment income with growth of 67% and 73% respectively versus the prior year.