AllianceBernstein reported full year (FY) 2025 net revenues of USD 4.53 billion. The company emphasized its use of both US GAAP and non-GAAP measures in evaluating financial performance, highlighting adjusted net income and adjusted net income per unit as key management operating metrics. AllianceBernstein noted that these non-GAAP figures are designed to present a clearer picture of underlying operating performance by excluding factors such as long-term incentive compensation-related mark-to-market adjustments, acquisition-related expenses, and interest expense. For the reporting period, AllianceBernstein highlighted that international equities outperformed U.S. equities in the fourth quarter of 2025, posting stronger full-year returns for the first time in several years. The company cited a weaker U.S. dollar, more attractive valuations, and a shift in investor preference away from U.S. mega-cap technology companies as drivers of this performance. Eurozone markets ended near multi-year highs, increasing 41 percent for the year, with financials benefiting from lower interest rates and improving loan conditions. The Federal Reserve’s 0.25 percentage point interest rate cut in December 2025 contributed to late-year volatility, especially among smaller companies.

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. AllianceBernstein Holding LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000825313-26-000020), on February 12, 2026, and is solely responsible for the information contained therein.