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BlackRock's second-quarter profit rises on market momentum

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BlackRock's second-quarter profit rises on market momentum

Jul 15, 2025 3:38 AM

July 15 (Reuters) - BlackRock ( BLK ) posted a rise in

second-quarter profit on Tuesday after an equities rally boosted

fee-earning assets for the world's largest asset manager.

The company's net income came in at $1.59 billion, or $10.19

per share, for the three months ended June 30, up from $1.50

billion, or $9.99 per share, a year earlier.

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