Overview

* Silvercrest Q2 revenue, down 1% yr/yr, but still in-line with analyst expectations, per LSEG data

* Adjusted EPS for Q2 misses consensus

* Co announced $25 mln stock buyback onMay23 and 5% dividend increase OnJuly30

Outlook

* Silvercrest expects significant organic client flows in 2025 and 2026

* Company sees robust business pipeline supporting future growth

Result Drivers

* AUM GROWTH - Discretionary AUM increased by 4.4% sequentially, driven by market appreciation despite net client outflows

* ORGANIC CLIENT GROWTH - Silvercrest added $80 mln in organic new client accounts during Q2, totaling $0.5 bln in new accounts for H1 2025

* FEE RATE IMPACT - Revenue decline attributed to a decrease in average annual management fee rate

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Meet $30.67 $30.80

Revenue mln mln (2

Analysts

)

Q2 Miss $0.25 $0.3 (2

Adjusted Analysts

EPS )

Q2 Miss $3.26 $4 mln

Adjusted mln (2

Net Analysts

Income )

Q2 Net $3.15

Income mln

Q2 Miss $5.74 $6.99

Adjusted mln mln (2

EBITDA Analysts

)

Q2 18.7%

Adjusted

EBITDA

Margin

Analyst Coverage

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the investment management & fund operators peer group is "buy."

* Wall Street's median 12-month price target for Silvercrest Asset Management Group Inc ( SAMG ) is $23.50, about 30.5% above its July 30 closing price of $16.33

* The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)