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Virtus Investment Partners Inc   (VRTS)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
 

VRTS's Net Income Growth by Quarter and Year

Virtus Investment Partners Inc 's Net Income results by quarter and year




VRTS Net Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 38.50 25.84 62.01 40.93
III Quarter September 38.15 27.42 72.51 16.21
II Quarter June 30.18 14.26 76.10 1.01
I Quarter March 34.64 39.12 52.21 29.78
FY   141.47 106.64 262.83 87.93



VRTS Net Income fourth quarter 2023 Y/Y Growth Comment
Virtus Investment Partners Inc achieved in the fourth quarter 2023, above Company average Net Income rise of 48.99% year on year, to $ 38.50 millions.

Looking into fourth quarter 2023 results within Investment Services industry 25 other companies have achieved higher Net Income growth. While Virtus Investment Partners Inc ' s Net Income jump of 48.99% ranks overall at the positon no. 909 in the fourth quarter 2023.




VRTS Net Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 48.99 % -58.33 % 51.5 % 61.4 %
III Quarter September 39.13 % -62.18 % 347.32 % -41.9 %
II Quarter June 111.64 % -81.26 % 7434.65 % -95.51 %
I Quarter March -11.45 % -25.07 % 75.32 % 2632.11 %
FY   32.66 % -59.43 % 198.91 % 14.46 %

Financial Statements
Virtus Investment Partners Inc 's fourth quarter 2023 Net Income $ 38.50 millions VRTS's Income Statement
Virtus Investment Partners Inc 's fourth quarter 2022 Net Income $ 25.84 millions Quarterly VRTS's Income Statement
New: More VRTS's historic Net Income Growth >>


VRTS Net Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December 0.91 % -5.76 % -14.48 % 152.5 %
III Quarter September 26.41 % 92.29 % -4.72 % 1504.95 %
II Quarter June -12.88 % -63.55 % 45.76 % -96.61 %
I Quarter March 34.06 % -36.91 % 27.56 % 17.43 %
FY (Year on Year)   32.66 % -59.43 % 198.91 % 14.46 %




Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Investment Services Industry #26
Financial Sector #219
Overall #909

Net Income Y/Y Growth Statistics
High Average Low
234.12 % 24.78 % -77.03 %
(Sep 30 2021)   (March 31, 2016)
Net Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Investment Services Industry #26
Financial Sector #219
Overall #909
Net Income Y/Y Growth Statistics
High Average Low
234.12 % 24.78 % -77.03 %
(Sep 30 2021)   (March 31, 2016)

Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Virtus Investment Partners Inc 's Q/Q Net Income Growth


Net Income Q/Q Growth Statistics
High Average Low
73196.43 % 2028.11 % -99.8 %
(Sep 30 2017)  


VRTS's IV. Quarter Q/Q Net Income Comment
Virtus Investment Partners Inc achieved in the IV. Quarter 2023 below company average Net Income growth of 0.91% quarter on quarter, to $ 38.50 millions.

IV. Quarter 2023 results were paradoxical, albeit lower than the average growth of 2028.11 %, yet it demonstrates real improvement measured to the -5.76% in the IV. Quarter 2022 Marquesa Mancini, Investment Services industry observer wrote.

Within Investment Services industry 17 other companies have achieved higher Net Income quarter on quarter growth. While Virtus Investment Partners Inc 's Net Income growth quarter on quarter, overall rank is 569.


Net Income Q/Q Growth Company Ranking
Within: No.
Investment Services Industry #18
Financial Sector #124
Overall #569
Net Income Q/Q Growth Company Ranking
Within: No.
Investment Services Industry #18
Financial Sector #124
Overall #569
Net Income Q/Q Growth Statistics
High Average Low
73196.43 % 2028.11 % -99.8 %
(Sep 30 2017)  


VRTS's IV. Quarter Q/Q Net Income Comment
Virtus Investment Partners Inc achieved in the IV. Quarter 2023 below company average Net Income growth of 0.91% quarter on quarter, to $ 38.50 millions.

IV. Quarter 2023 Virtus Investment Partners Inc 's results seem to be contradictory, although below the average rise of 2028.11 %, yet it presents a quite improvement relative to the -5.76% in the IV. Quarter 2022 Marquesa Mancini, Investment Services industry observer wrote.

Within Investment Services industry 17 other companies have achieved higher Net Income quarter on quarter growth. While Virtus Investment Partners Inc 's Net Income growth quarter on quarter, overall rank is 569.


Virtus Investment Partners Inc 's 12 Months Net Income Growth Year on Year


Net Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Net Income 12 Months Ending $ 141.48 $ 128.81 $ 118.07 $ 102.15 $ 106.63
Y / Y Net Income Growth (TTM) 32.68 % -9.8 % -37.16 % -59.1 % -59.43 %
Year on Year Net Income Growth Overall Ranking # 1130 # 1164 # 860 # 228 # 115
Seqeuential Net Income Change (TTM) 9.83 % 9.1 % 15.59 % -4.2 % -25.33 %
Seq. Net Income Growth (TTM) Overall Ranking # 909 # 1019 # 1259 # 1087 # 736




Cumulative Net Income growth Comment
Virtus Investment Partners Inc saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 32.68% year on year, to $ 141 millions if the fiscal year would have ended in Dec 31 2023.
Virtus Investment Partners Inc 's trailing twelve months Net Income growth was higher than company's average 24.78% and higher than -9.8% growth in Sep 30 2023.
But from the previous reporting period increase was slower at 9.83 % from $128.81 millions recorded in twelve months ending a quarter Sep 30 2023.
There is slowdown developing, more noticeable as we look at average Q/Q TTM Net Income increase what is better at24.78% Marquesa Mancini wrote.
The momentum was even more impressive from the previous reporting period clinched at 9.83 % jump from $128.81 millions in the period from Sep 30 2023 to Dec 31 2022.

In the Financial sector 276 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 1130, from total ranking in previous quarter at 1164.

Net Income TTM Q/Q Growth Statistics
High Average Low
234.12 %
24.78 %
-77.03 %
 

Net Income TTM Y/Y Growth Company Ranking
Within: No.
Investment Services Industry # 26
Financial Sector # 277
Overall # 1130

Net Income TTM Y/Y Growth Statistics
High Average Low
234.12 %
24.78 %
-77.03 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 26
Sector # 219
S&P 500 # 909
Cumulative Net Income growth Comment
Virtus Investment Partners Inc saw improvement in Net Income growth trend, posting cumulative 12 months Net Income growth of 32.68% year on year, to $ 141 millions if the fiscal year would have ended in Dec 31 2023.
Virtus Investment Partners Inc 's trailing twelve months Net Income growth was higher than company's average 24.78% and higher than -9.8% growth in Sep 30 2023.
But from twelve months ended Sep 30 2023 growth rate was less at 9.83 % from $128.81 millions achieved in the period from Sep 30 2023 to Dec 31 2022.
It appears to be slowdown in progress, more noticeable as we look at usual sequential Net Income increase which is better at24.78% Marquesa Mancini wrote.
The growth was much more impressive sequentially clinched at 9.83 % increase from $128.81 millions in twelve months ending a quarter before.

In the Financial sector 276 other companies have achieved higher trailing twelve month Net Income growth. While Total ranking has impoved so far to 1130, from total ranking in previous quarter at 1164.

Net Income TTM Q/Q Growth Statistics
High Average Low
234.12 %
24.78 %
-77.03 %
 


Net Income TTM Y/Y Growth Company Ranking
Within: No.
Investment Services Industry # 26
Financial Sector # 277
Overall # 1130

Net Income TTM Y/Y Growth Statistics
High Average Low
234.12 %
24.78 %
-77.03 %
 


Net Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 26
Sector # 219
S&P 500 # 909




Other Net Income Growth
Investment Services Industry Net Income Growth Trends and Statistics
Financial Sector Net Income Growth Statistics
Net Income Growth Trends for overall market
VRTS's Net Income Growth Ratio versus Investment Services Industry, Financial Sector and total Market
Highest Ranking Net Income Growth
Lowest Ranking Net Income Growth
Net Income Growth for VRTS's Competitors
Net Income Growth for Virtus Investment Partners Inc 's Suppliers
Net Income Growth for VRTS's Customers

You may also want to know
VRTS's Annual Growth Rates VRTS's Profitability Ratios VRTS's Asset Turnover Ratio VRTS's Dividend Growth
VRTS's Roe VRTS's Valuation Ratios VRTS's Financial Strength Ratios VRTS's Dividend Payout Ratio
VRTS's Roa VRTS's Inventory Turnover Ratio VRTS's Growth Rates VRTS's Dividend Comparisons



Companies with similar Net Income growth for the quarter ending Dec 31 2023 within Financial SectorY/Y Change %Net Income for the quarter ending Dec 31 2023
Federal Home Loan Bank Of Dallas83.26%$ 83.263 millions
Equinix Inc 76.47%$ 76.471 millions
Federal Home Loan Bank Of Des Moines75.34%$ 75.342 millions
Sumitomo Mitsui Financial Group Inc 71.34%$ 71.345 millions
Goldman Sachs Physical Gold Etf71.27%$ 71.267 millions
One Liberty Properties inc 70.67%$ 70.675 millions
Prudential Plc70.01%$ 70.010 millions
Evans Bancorp Inc 68.36%$ 68.360 millions
Federal Home Loan Mortgage Corporation65.29%$ 65.286 millions
Optimumbank Holdings Inc 64.45%$ 64.452 millions
Eastgroup Properties Inc 64.05%$ 64.053 millions
Gladstone Land Corp63.87%$ 63.874 millions
Price T Rowe Group Inc63.54%$ 63.536 millions
Marsh and Mclennan Companies Inc 62.42%$ 62.420 millions
Hamilton Lane Inc57.80%$ 57.796 millions
Ltc Properties Inc 57.54%$ 57.545 millions
Freedom Holding Corp 53.97%$ 53.966 millions
Kinsale Capital Group Inc 53.74%$ 53.738 millions
Abrdn Gold Etf Trust52.18%$ 52.183 millions
Franklin Resources Inc 51.84%$ 51.836 millions
The Goldman Sachs Group Inc 51.43%$ 51.433 millions
Federal Home Loan Bank Of Indianapolis49.64%$ 49.635 millions
Virtus Investment Partners Inc 49.02%$ 49.019 millions
Central Valley Community Bancorp49.01%$ 49.005 millions
Cna Financial Corporation47.98%$ 47.984 millions
Rexford Industrial Realty Inc 47.28%$ 47.285 millions
First Northern Community Bancorp46.61%$ 46.606 millions
Federal Home Loan Bank Of Cincinnati46.60%$ 46.595 millions
World Gold Trust45.46%$ 45.456 millions
Aflac Incorporated44.86%$ 44.865 millions




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