Total Revenue

+1.7% (from $215.9M in Q1 2024 to $219.6M in Q1 2025)

Q1 2025 Total Revenue increased modestly by 1.7% driven by steady fee‐based income. This follows the historical trend of strong fee performance, with stable underlying assets and investor inflows continuing to support growth. " "

Investment Management Fees

Not specifically quantified YoY, remains dominant

Investment Management Fees stayed robust at $173.3M in Q1 2025, consistently being the largest revenue contributor. This reflects the continuation of a strong fee structure, likely due to stable average AUM and client retention that was also evident in the previous period. "

Operating Income

Not explicitly quantified YoY

Operating Income reached $92.9M in Q1 2025, reflecting the company’s ability to maintain healthy operational margins. This stability suggests that cost management and operational efficiencies persisted from previous periods. "

Net Income and Basic EPS

Not explicitly quantified YoY

Net Income of $61.98M with Basic EPS of $0.97 in Q1 2025 shows that profitability remained steady despite modest revenue growth. The stable net income indicates effective expense control and consistent operating performance relative to earlier periods. "

Operating Cash Flow

Not explicitly quantified YoY

Operating Cash Flow of $81.1M in Q1 2025 underlines the solid liquidity profile. This robust cash generation mirrors reliable revenue performance and cost management that have characterized previous periods, ensuring strong operational cash flows. " "

Business Segments & Expense Lines

No dramatic changes (>5% YoY)

No individual business segment or expense line saw a >5% shift YoY, which points to consistent operational performance and a stable cost structure—factors that have historically provided steadiness in the company’s overall financial profile. " "