Robinhood reports August 2025 customer and trading metrics
AllianceBernstein Holding L.P. (NYSE:AB), currently trading at $38.82 with a healthy 7.83% dividend yield, reported that Chris Hogbin has resigned from his position as Global Head of Investments, with his departure effective September 30, 2025. According to InvestingPro analysis, the company appears undervalued based on its Fair Value estimates. The announcement was made after Mr. Hogbin notified the company of his decision on September 3, 2025.
Mr. Hogbin was appointed to the newly created role of Global Head of Investments on January 1, 2024, and became a named executive officer at that time.
This information is based on a statement from an SEC filing published Monday.
In other recent news, AllianceBernstein reported its second-quarter 2025 earnings, achieving an earnings per share (EPS) of $0.76, which aligns with analysts’ expectations and represents a 7% increase compared to the previous year. The company’s revenue for the quarter was reported at $844 million, which, while slightly below forecasts, still reflects a 2% year-over-year growth. Despite the revenue not meeting projections, this did not deter investor optimism as the stock saw an increase. No significant mergers or acquisitions were announced during this period. Analysts have not issued any recent upgrades or downgrades for AllianceBernstein. The focus remains on the company’s steady financial performance amid the broader market conditions. These developments are part of the latest updates concerning AllianceBernstein.
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