BlackRock Assets Under Management Over $10 Trillion as Earnings Rise 20% to $5.90 Billion For 2021

BlackRock (NYSE: BLK), the world’s largest investment management company kicked off fourth quarter earnings with the major money center banks. Q4 earnings rose 6% to $10.63 a share from $10.02 a share year earlier. Revenues rose 14% to $5.106 billion versus $4.5 billion. Net inflows rose to $211.7 billion, up from $126.9 billion the prior year. JPMorgan Chase (NYSE: JPM), Citigroup (NYSE:C) and Wells Fargo (NYSE: WFC) are also reporting on Friday. Investors look for insights into BLK, the market … Continue reading “BlackRock Assets Under Management Over $10 Trillion as Earnings Rise 20% to $5.90 Billion For 2021”