Invesco Ltd

For the period ended Mar 31, 2024. Filed May 1, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 1, 2024

IVZ$28.87-0.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income

	Three months ended March 31,
(in millions, except per common share data)	2024	2023
Operating revenues:
Investment management fees	$1,048.7	$1,027.9
Service and distribution fees	377.0	334.2
Performance fees	0.8	5.6
Other	48.8	50.5
Total operating revenues	1,475.3	1,418.2
Operating expenses:
Third-party distribution, service and advisory	504.0	455.1
Employee compensation	472.7	462.8
Marketing	18.1	19.6
Property, office and technology	117.6	110.5
General and administrative	138.5	105.0
Transaction, integration and restructuring	—	41.6
Amortization of intangible assets	11.3	14.1
Total operating expenses	1,262.2	1,208.7
Operating income	213.1	209.5
Other income/(expense):
Equity in earnings of unconsolidated affiliates	6.9	26.1
Interest and dividend income	12.4	8.6
Interest expense	(15.9)	(18.0)
Other gains/(losses), net	35.9	27.4
Other income/(expense) of CIP, net	30.5	(17.9)
Income before income taxes	282.9	235.7
Income tax provision	(68.7)	(69.9)
Net income	214.2	165.8
Net (income)/loss attributable to noncontrolling interests in consolidated entities	(13.5)	38.4
Dividends declared on preferred shares	(59.2)	(59.2)
Net income attributable to Invesco Ltd.	$141.5	$145.0
Earnings per common share:
-basic	$0.31	$0.32
-diluted	$0.31	$0.32

ContentsView on SEC.gov

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