LPLA's total brokerage and advisory assets dip sequentially in April to $1.79 trillion, with total organic NNAs touching $6.1 billion.
Higher revenues and growth in brokerage and advisory assets support LPLA's Q1 earnings.
LG Display recorded positive operating profit in 1Q25; this was a surprise as the market was anticipating continued EBIT losses. I forecast that LPL will be in the black this year, due to a decline in depreciation costs, lower interest expenses, and share gains within the Apple supply chain. My view of the stock remains bullish; there is valuation expansion potential if it returns to profitability in FY2025.
LG Display Co., Ltd (NYSE:LPL ) Q1 2025 Results Conference Call April 24, 2025 1:00 AM ET Company Participants Brian Heo - Head of Investor Relations Sung-Hyun Kim - Chief Financial Officer Jong Duck Kim - VP of Large Display Planning & Management Division Son Ki Hwan - VP of Auto Marketing Conference Call Participants Kim Dongwon - KB Securities Won Suk Chung - iM Securities Kim Sung - Kim Securities Brian Heo Good afternoon. I'm Brian Heo, in charge of IR team at LG Display.
LPL Financial has been a rare consistent compounder through the years. A closer look at its fundamentals points to more of the same. With a few turns now knocked off the multiple, LPL stock offers a compelling entry point.
LPL Financial is the largest independent broker-dealer in the US, with strong financials and a growth strategy focused on M&A and vertical integration. LPLA's FY24 revenues grew 23.20% YoY to $12.39bn, with EBITDA increasing 11.63% to $2.22bn, despite a significant decline in free cash flow due to heavy investments. The stock has outperformed the financial sector and broader market, driven by favorable regulatory conditions and strategic expansions, including the potential acquisition of Commonwealth Financial Network.
LPL Financial LPLA+1.11% held talks with rival Commonwealth Financial Network about a potential acquisition, according to two news reports that cited anonymous people familiar with the matter.
Rich Steinmeier doesn't want to think of LPL Financial LPLA-0.59% as just an independent broker-dealer. Now six months into his stint as LPL's CEO, Steinmeier says his firm wants to compete with the likes of Morgan Stanley MS-3.24%, Merrill Lynch, and Charles Schwab.
LPLA's February total brokerage and advisory assets are $1.82 trillion, growing 0.6% from the prior month and 29.9% year over year.
LPLA's shares touch a new all-time high of $384.04 as brokerage and advisory assets rise in January. Is now the best time to buy the stock?
LPLA's January brokerage and advisory assets, client cash balance and total net new assets rise on a year-over-year basis.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.