AssetMark Financial Holdings, Inc.

Equities

AMK

US04546L1061

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
33.93 ^USD	+0.12%		-2.33%	+13.29%

Apr. 26	JPMorgan Downgrades AssetMark Financial Holdings to Neutral From Overweight, Price Target at $37	MT
Apr. 25	Sector Update: Financial Stocks Fall Pre-Bell Thursday	MT

AssetMark Financial Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 21, 2024 at 04:22 pm EST

AssetMark Financial Holdings, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 673.75 million compared to USD 597.59 million a year ago. Revenue was USD 708.5 million compared to USD 618.31 million a year ago.

Net income was USD 123.12 million compared to USD 103.26 million a year ago. Basic earnings per share from continuing operations was USD 1.66 compared to USD 1.4 a year ago. Diluted earnings per share from continuing operations was USD 1.65 compared to USD 1.4 a year ago.

Latest news about AssetMark Financial Holdings, Inc.

JPMorgan Downgrades AssetMark Financial Holdings to Neutral From Overweight, Price Target at $37	Apr. 26	MT
Sector Update: Financial Stocks Fall Pre-Bell Thursday	Apr. 25	MT
GTCR to Acquire AssetMark Financial Holdings in $2.7 Billion Deal	Apr. 25	MT
AssetMark Financial Holdings to Be Acquired by GTCR in $2.7 Billion Deal	Apr. 25	MT
GTCR to buy wealth management tech AssetMark for $2.7 bln	Apr. 25	RE
GTCR LLC entered into a definitive agreement to acquire AssetMark Financial Holdings, Inc..	Apr. 24	CI
Assetmark Financial Holdings Insider Sold Shares Worth $416,285, According to a Recent SEC Filing	Mar. 05	MT
AssetMark Financial Q4 Adjusted Earnings Increase, Sales Decline	Feb. 22	MT
Transcript : AssetMark Financial Holdings, Inc., Q4 2023 Earnings Call, Feb 21, 2024	Feb. 21
Earnings Flash (AMK) ASSETMARK Posts Q4 Revenue $158.2M, vs. Street Est of $138.5M	Feb. 21	MT
Earnings Flash (AMK) ASSETMARK Posts Q4 EPS $0.59, vs. Street Est of $0.57	Feb. 21	MT
AssetMark Financial Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 21	CI
AssetMark Financial Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 21	CI
Raymond James Adjusts Price Target on AssetMark Financial to $38 From $36, Maintains Strong Buy Rating	Jan. 11	MT
AssetMark Financial Reports 20% Rise in Platform Assets in November	Dec. 12	MT
Assetmark Financial Holdings Insider Sold Shares Worth $301,070, According to a Recent SEC Filing	Dec. 07	MT
Transcript : AssetMark Financial Holdings, Inc. - Special Call	Nov. 16
AssetMark Financial Reports 18% Rise in Platform Assets in October	Nov. 14	MT
BMO Capital Trims AssetMark Financial's Price Target to $32 From $33, Keeps Market Perform Rating	Nov. 07	MT
AssetMark Financial Holdings Q3 Adjusted Earnings, Revenue Increase	Nov. 07	MT
Transcript : AssetMark Financial Holdings, Inc., Q3 2023 Earnings Call, Nov 06, 2023	Nov. 06
Earnings Flash (AMK) ASSETMARK Posts Q3 Revenue $190.5M, vs. Street Est of $140.4M	Nov. 06	MT
Earnings Flash (AMK) ASSETMARK Posts Q3 EPS $0.62, vs. Street Est of $0.58	Nov. 06	MT
AssetMark Financial Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 06	CI
AssetMark and Cheetah Collaborate to Address Evolving Bank Trust and Wealth Management Needs	Nov. 02	CI

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Company Profile

AssetMark Financial Holdings, Inc. provides a wealth management platform that powers independent financial advisers and their clients. The Companyâs platform provides advisers with an integrated suite of products and services that facilitates growth, streamlines workflows and provides scale to advisersâ businesses, so they can better serve their clients, who are investors of all sizes. Its platform includes Flexible technology platform, Personalized and scalable adviser service, Curated investment platform and Financial planning technology. Its integrated, open-architecture platform is built for advisers. Advisers have access to a range of automated tools and capabilities that help them differentiate the client experience, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress-to-goal analysis, and client activity tracking. It also provides a full spectrum of services for many aspects of the adviserâs firm.

Sector

Investment Management & Fund Operators

Calendar

2024-04-30 - Q1 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for AssetMark Financial Holdings, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

33.93 USD

Average target price

38.13 USD

Spread / Average Target

+12.39%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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Wealth Management