LPL Financial Q2 FY26 net income rises 39% to $379 million; revenue climbs 35% to $5.19 billion - LPLA News | RalliesLPL Financial Q2 FY26 net income rises 39% to $379 million; revenue climbs 35% to $5.19 billion
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LPLA• Q2 results and capital return
- LPL Financial Q2 2026 net income rose 39% year-over-year to $379 million; diluted EPS climbed 39% to $4.74.
- Revenue increased 35% from a year ago to $5.19 billion; total client assets climbed 34% to $2.6 trillion.
- Total organic net new assets were $23 billion, representing 4% annualized growth; recruited assets rose 35% to $25 billion.
- Share repurchases totaled $309 million; the board boosted repurchase authorization by $2.5 billion and declared a $0.30 per share dividend.
- CEO Rich Steinmeier said LPL remains on track to onboard Commonwealth later this year; conversion is expected in Q4 2026 with about 90% retention.
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