T. Rowe Price reports $2.86 adjusted EPS amid $28.3 billion client outflows

T. Rowe Price reported third-quarter 2026 net revenue of $2.0 billion and adjusted diluted EPS of $2.86, compared with $2.81 a year earlier; GAAP diluted EPS was $2.79. Ending assets under management fell to $1.86 trillion on September 30, 2026, after $28.3 billion in net client outflows, although average AUM rose 9.5% year over year and the company expects a 23.5%-to-25.5% full-year 2026 effective tax rate.