BlackRock Hits Record $14 Trillion in AUM as Q4 Earnings Beat Expectations
As $BTC and other digital assets continue to draw attention, traditional finance is making headlines too. BlackRock just reported a record $14 trillion in assets under management for the fourth quarter, surpassing Wall Street expectations.
The asset manager posted $13.16 per share in adjusted earnings, topping analysts’ forecasts, while revenue jumped 23% year over year to $7 billion.
Investor appetite remains strong, with nearly $700 billion in net inflows over the year, including $342 billion in Q4 alone. In response, BlackRock’s board approved a 10% dividend increase and a buyback of 7 million shares, signaling confidence in continued growth.
