BLK SEC Filings

BlackRock, Inc. (BLK) announced a significant addition to its Board of Directors with the election of Gregg R. Lemkau as an independent director, effective January 27, 2026. Mr. Lemkau brings extensive experience from the financial services industry, having most recently served as Co-Chief Executive Officer of BDT & MSD Partners, a merchant bank. His prior roles include CEO of MSD Partners and Co-Head of Investment Banking at Goldman Sachs, where he also sat on the Management Committee. This appointment is likely to be viewed positively by investors, as Mr. Lemkau's deep expertise in investment banking and strategic leadership is expected to enhance the Board's oversight and strategic guidance. His background suggests a strong understanding of market dynamics and corporate finance, which are crucial for a company of BlackRock's scale and influence. Mr. Lemkau will participate in the company's standard compensation program for non-employee directors and will be considered for committee appointments.

BlackRock, Inc. has announced the adoption of a new Executive Carry Program (ECP) designed to incentivize senior executives and align their interests with the performance of the company's growing private markets business. This program, effective January 13, 2026, allows selected executives (excluding the CEO) to receive awards tied to a percentage of carry distributions from BlackRock's flagship private markets funds. The ECP emphasizes a pay-for-performance model, where awards are entirely at-risk and contingent upon the successful long-term performance of the underlying funds, thereby directly linking executive compensation to fund success and investor outcomes. The adoption of the ECP underscores the strategic importance of BlackRock's private markets platform. By tying executive rewards to long-term fund performance, BlackRock aims to foster sustained value creation, support future fundraising efforts, and drive organic growth in investment advisory fees. This initiative also strengthens BlackRock's competitive position in attracting and retaining top senior talent by offering differentiated, long-term incentive opportunities that are crucial in the highly competitive asset management industry. Executives already participating in similar direct fund-level carry programs are not expected to be eligible for the ECP.

BlackRock, Inc. (BLK) has filed a Form 8-K on January 15, 2026, reporting its financial results for the fourth quarter and full year ended December 31, 2025. The filing includes the official earnings release (Exhibit 99.1) and supplemental materials (Exhibit 99.2) to be used during an investor conference call and webcast scheduled for the same day. Investors should review these exhibits for detailed performance metrics, segment contributions, and management's commentary on the company's financial condition and operational outcomes. While the 8-K itself is procedural and announces the availability of detailed financial information, the attached exhibits are critical for understanding BlackRock's performance. Investors should pay close attention to key metrics such as assets under management (AUM), revenue growth, net income, earnings per share (EPS), and operating margins for both the quarter and the full year. The supplemental materials will likely provide further color on market trends, strategic initiatives, and the company's outlook for 2026, offering insights into how BlackRock is navigating the current economic and market environment.

BlackRock, Inc. reported strong revenue growth in the third quarter of 2025, driven by increased investment advisory, administration fees, and technology services. Acquisitions, notably HPS Investment Partners, contributed significantly to Assets Under Management (AUM) and revenue, bolstering the company's private markets and credit offerings. Despite higher operating expenses due to integration costs and investments in technology, BlackRock maintained a robust operating margin. Diluted earnings per share saw a decrease compared to the prior year, primarily attributed to increased share count from acquisitions and higher non-cash acquisition-related expenses. Key financial highlights include a substantial increase in total revenue to $6.5 billion, up 25% year-over-year, and AUM reaching $13.5 trillion. The company's strategic acquisitions are integrating well, expanding its capabilities and client base. Investors should note the impact of acquisition-related costs on GAAP earnings, while the 'as adjusted' figures provide a clearer view of ongoing operational performance. The company remains committed to capital return to shareholders through dividends and share repurchases.

BlackRock, Inc. (BLK) filed an 8-K on October 14, 2025, announcing its financial results for the third quarter and first nine months of 2025. The filing includes the official earnings release (Exhibit 99.1) and supplemental materials for an investor conference call scheduled for the same day (Exhibit 99.2). Investors should refer to these exhibits for detailed financial performance, including revenue, assets under management (AUM), and profitability metrics. While this 8-K primarily serves as a notification and filing mechanism for the company's earnings announcement, it signifies that key performance indicators and management's commentary on the company's business outlook are now publicly available. The attached earnings release is expected to provide comprehensive details on BlackRock's operational and financial condition for the period ending September 30, 2025, offering insights into the firm's growth trajectory and market position.

BlackRock, Inc. (BLK) reported strong financial results for the second quarter and first half of 2025. Total revenue increased significantly, driven by robust growth in investment advisory, administration fees, and technology services, alongside contributions from recent acquisitions like Preqin and GIP. Despite increased expenses related to these acquisitions and a restructuring charge, the company demonstrated improved profitability on an "as adjusted" basis. Assets Under Management (AUM) saw substantial growth, surpassing $12.5 trillion, fueled by positive market performance and significant net inflows, particularly in ETFs and private markets. Key financial highlights include a year-over-year increase in diluted EPS (both GAAP and "as adjusted") for the quarter and half-year periods. The company's balance sheet remains solid, with ample liquidity and prudent capital management. BlackRock continues to execute its growth strategy through strategic acquisitions and organic growth initiatives, positioning itself for continued success in the asset management industry.

BlackRock, Inc. (BLK) has filed a Form 8-K on July 15, 2025, to report its financial results for the three and six months ended June 30, 2025. The core of this filing is the attached earnings release (Exhibit 99.1), which provides the detailed operational and financial performance data for the second quarter of 2025. Investors should refer to this release for specific figures on revenue, earnings, assets under management (AUM), and other key performance indicators that shape the company's financial health. Furthermore, the company is holding an investor conference call and webcast on the same day, July 15, 2025, to discuss these results. Supplemental materials for this call are also furnished as Exhibit 99.2. These materials often provide additional context, management commentary, and forward-looking insights beyond the initial earnings release, making them a crucial resource for investors seeking a comprehensive understanding of BlackRock's performance and strategic outlook.

BlackRock, Inc. (BLK) has officially completed its acquisition of HPS Investment Partners, a prominent global credit investment manager, as of July 1, 2025. This strategic move is expected to significantly bolster BlackRock's capabilities in the credit investment space. The transaction involved the issuance of approximately 8.5 million units in a BlackRock subsidiary, which are exchangeable for BlackRock common stock on a 1:1 basis, alongside certain restricted stock units granted to HPS employees.

BlackRock, Inc. (BLK) filed an 8-K on May 15, 2025, detailing the results of its 2025 Annual Meeting of Shareholders held on May 14, 2025. The meeting saw overwhelming support for the company's slate of 18 director nominees, with all individuals being elected to the Board of Directors. Additionally, shareholders approved, via a non-binding advisory vote, the compensation of the company's named executive officers, indicating shareholder confidence in the executive team's remuneration structure. The ratification of Deloitte & Touche LLP as BlackRock's independent registered public accounting firm for fiscal year 2025 also received strong approval, reinforcing the established auditing relationship. However, two shareholder proposals failed to gain traction. A proposal requesting a report on the risks associated with stakeholder capitalism was not approved, as was a proposal seeking reforms in the board election process to include more director candidates than available positions. These voting outcomes suggest a preference among a majority of shareholders for the current governance and strategic direction of the company.

BlackRock, Inc. (BLK) reported strong revenue growth in its first quarter of 2025, driven by increased investment advisory and administration fees, reflecting positive market performance and organic growth. Despite a rise in expenses, largely attributed to acquisition-related costs from the Preqin and GIP transactions, the company demonstrated resilience. Assets Under Management (AUM) saw a notable increase, driven by both net inflows and favorable market conditions, particularly in ETFs and long-term products. The company also continues to strategically expand its offerings through key acquisitions, positioning itself for future growth in areas like private markets and credit. While GAAP net income attributable to BlackRock, Inc. saw a slight decrease compared to the prior year, primarily due to higher acquisition-related expenses and lower nonoperating income, "as adjusted" metrics show robust growth in operating income and diluted earnings per share. This highlights the company's effective management of its core business operations. BlackRock's liquidity position remains strong, supported by significant cash reserves and an undrawn credit facility, enabling continued investment in strategic initiatives and shareholder returns.

BlackRock, Inc. (BLK) has filed a Form 8-K reporting its results of operations for the first quarter ended March 31, 2025. The filing includes the official earnings release and supplemental materials that will be used during an investor conference call and webcast scheduled for April 11, 2025. Investors should refer to the attached Exhibit 99.1 for the detailed financial performance and operational metrics of the company during the period. The supplemental materials, furnished as Exhibit 99.2, are expected to provide further insights and context for the first-quarter results. These materials will be discussed during the upcoming investor call, offering an opportunity for stakeholders to gain a deeper understanding of BlackRock's performance and outlook. The company is also providing an interactive data file for enhanced accessibility and analysis of its financial information.

BlackRock, Inc. (BLK) has filed an 8-K report detailing an amendment to its Five-Year Revolving Credit Agreement. This amendment, designated as Amendment No. 16, primarily focuses on enhancing the company's liquidity and financial flexibility. Key changes include a substantial increase in the revolving credit facility commitment and an extension of its maturity date, providing BlackRock with greater financial resources and a longer runway for its operational needs and strategic initiatives. This strategic move indicates BlackRock's proactive management of its financial structure. The increased credit line and extended maturity demonstrate confidence in the company's ongoing financial health and its ability to service its debt obligations. Investors should view this as a positive development, reinforcing BlackRock's capacity to navigate market conditions and pursue growth opportunities without immediate liquidity constraints.

BlackRock, Inc. (BLK) has announced the successful completion of a public offering for €1,000,000,000 aggregate principal amount of 3.750% Notes due 2035. These notes represent unsecured and unsubordinated debt obligations of BlackRock, guaranteed by its wholly-owned subsidiary, BlackRock Finance, Inc. The proceeds from this offering are designated for general corporate purposes, with a specific mention of potentially being used to repay BlackRock's outstanding 1.25% Notes due 2025. This issuance provides BlackRock with long-term financing and demonstrates continued access to capital markets. Investors should note the terms of the notes, including the potential for early redemption at a 'make-whole' price before April 18, 2035, and at par thereafter, as well as redemption under specific tax law changes. The filing also outlines the events of default and covenants associated with the indenture governing these notes.

BlackRock, Inc. (BLK) announced on March 25, 2025, its entry into an underwriting agreement to issue €1,000,000,000 of 3.750% Notes due 2035. These notes will be unsecured and unsubordinated debt obligations of BlackRock, with a full and unconditional guarantee from its subsidiary, BlackRock Finance, Inc. The offering is expected to close around April 3, 2025, subject to customary conditions. Investors should note that the proceeds from this offering are intended for general corporate purposes. A significant potential use of these funds is the repayment of BlackRock's outstanding 1.25% Notes due 2025. This move indicates proactive debt management by BlackRock, potentially aimed at optimizing its capital structure and managing interest expenses. The filing also acknowledges existing relationships between BlackRock and the underwriters, including their involvement in commercial paper programs and credit facilities.

BlackRock, Inc. has officially completed its acquisition of Preqin Holding Limited, a significant player in private markets data. This strategic move, valued at approximately $3.2 billion (£2.55 billion), was funded through a combination of senior notes issuance and existing cash reserves. The acquisition marks a substantial expansion for BlackRock into the rapidly growing private markets data sector, aiming to enhance its capabilities and offerings in this increasingly important area of investment. This integration is expected to bolster BlackRock's data analytics and insights for private markets, a key growth engine for the asset management industry. Investors should monitor how this acquisition impacts BlackRock's competitive positioning, its ability to serve clients with deeper private market intelligence, and the financial integration of Preqin's operations into BlackRock's broader business. The deal underscores BlackRock's commitment to inorganic growth and strengthening its technology and data infrastructure.

BlackRock, Inc. concluded the fiscal year 2024 with robust growth, reporting total revenue of $20.4 billion, a 14% increase year-over-year, and diluted earnings per share of $42.01. Assets under management (AUM) reached a record $11.6 trillion, driven by strong net inflows of $641 billion and strategic acquisitions, most notably the Global Infrastructure Partners (GIP) transaction. The company demonstrated significant operational improvement, with operating income rising by 21% to $7.6 billion and operating margin expanding by 200 basis points to 37.1% on a GAAP basis. These results were bolstered by strong performance across all business segments, including investment advisory, technology services (particularly Aladdin), and performance fees, which saw a substantial increase. BlackRock continues to prioritize long-term growth through strategic investments in private markets and technology, evidenced by the planned acquisitions of Preqin and HPS Investment Partners, which are expected to further enhance its alternative asset capabilities and data offerings. The company also saw substantial inflows into its iShares ETFs, including notable traction in cryptocurrency ETPs, and a strong showing in multi-asset and fixed-income strategies, indicating broad client demand across its diversified product suite.

BlackRock, Inc. (BLK) announced in an 8-K filing dated February 13, 2025, that its Management Development and Compensation Committee (MDCC) has approved an allocation of carried interest (carry) to Chairman and CEO Laurence D. Fink, effective for the 2024 year-end compensation. This move signifies a strategic alignment of the CEO's compensation with the growing importance and expansion of BlackRock's private markets platform. The carry incentive is structured as a performance-based award, meaning it is entirely at-risk and contingent upon the future performance of select flagship private markets funds that had fundraising activity in 2024. This aligns Mr. Fink's compensation directly with long-term value creation and shareholder returns, as carry distributions are only realized if investment returns exceed pre-specified hurdles.

BlackRock, Inc. (BLK) has filed a Form 8-K on January 15, 2025, primarily to report its financial results for the fourth quarter and full year ended December 31, 2024. While the 8-K itself does not contain the detailed financial figures, it serves as notification of the earnings release (Exhibit 99.1) and the accompanying supplemental materials (Exhibit 99.2) that will be discussed during an investor conference call and webcast scheduled for the same day. Investors should refer to the attached earnings release and supplemental materials for a comprehensive understanding of BlackRock's performance, including key metrics such as assets under management (AUM), revenue, net income, and earnings per share for the reporting periods.

BlackRock, Inc. has announced a significant leadership change with the departure of Mark Wiedman, who is stepping down as the head of its Global Client Business, effective January 15, 2025. While Mr. Wiedman will be leaving the firm to pursue external opportunities, he has committed to a multi-month transition period to ensure a smooth handover of his responsibilities. This departure represents a notable shift within the company's client-facing operations, which are critical for asset managers like BlackRock in maintaining and growing their investor base. Investors will likely be closely monitoring the selection of Mr. Wiedman's successor and the continued performance of the Global Client Business under new leadership.

BlackRock, Inc. has announced a significant strategic acquisition through a definitive agreement to acquire HPS Investment Partners, a prominent global credit investment manager. This transaction, termed the HPS Transaction, involves the acquisition of 100% of HPS's business and assets. The consideration will be paid in approximately 12.1 million units of a BlackRock subsidiary, which are exchangeable for BlackRock common stock on a 1:1 basis. A portion of this consideration is deferred and contingent upon post-closing conditions and financial performance milestones, with a maximum of approximately 13.7 million shares potentially issuable. The acquisition is expected to close in mid-2025, subject to customary closing conditions, including regulatory approvals. This move signifies BlackRock's continued focus on expanding its capabilities in the alternative asset space, particularly in credit. Investors should monitor the progress of regulatory approvals and the integration of HPS, as this acquisition is poised to enhance BlackRock's growth trajectory and market position in alternative investments.

BlackRock, Inc. announced a significant addition to its Board of Directors with the election of Adebayo Ogunlesi. Mr. Ogunlesi, who also serves as the Founding Partner, Chairman, and CEO of Global Infrastructure Management, LLC (GIP) – a recently acquired entity by BlackRock – will join the Board as a non-independent director. This appointment formalizes his role following BlackRock's substantial acquisition of GIP, valued at $3 billion in cash and approximately 12 million shares of common stock. His directorship signifies a strategic integration of GIP's leadership and expertise into BlackRock's governance structure. Investors should note that Mr. Ogunlesi will not participate in the standard director compensation program. His compensation as an employee of GIP includes a base salary of $250,000 and a target bonus of at least $3.75 million for 2024, with potential future compensation tied to carried interest distributions from GIP funds. The filing also details certain related-party transactions, including an aircraft lease agreement where GIP covers business travel costs for Mr. Ogunlesi's use of a private aircraft, while personal use is covered by him separately. These arrangements are standard for executives integrating into a larger organization post-acquisition.

BlackRock, Inc. (BLK) announced the establishment of a new $5 billion commercial paper program, replacing its previous $4 billion program. This move is strategically aligned with the company's organizational structure following the acquisition of Global Infrastructure Partners. The new program allows for short-term, unsecured debt issuances with maturities up to 397 days, unconditionally guaranteed by its subsidiary, BlackRock Finance, Inc. The proceeds are intended for general corporate purposes, with a revolving credit facility serving as a liquidity backstop. This initiative signals a proactive approach to managing corporate liquidity and financing needs in the wake of significant strategic acquisitions.

BlackRock, Inc. (BLK) reported strong financial results for the nine months ended September 30, 2024, demonstrating significant growth in revenue and earnings. Total revenue increased by 11% year-over-year to $14.73 billion, driven by higher investment advisory, administration, and securities lending revenue, bolstered by positive market beta and organic growth. Performance fees also saw a substantial increase, reflecting strong investment performance in key areas. Despite an increase in expenses, largely due to higher employee compensation and technology investments, operating income grew by 17% to $5.5 billion, with an improved operating margin of 37.3%. Net income attributable to BlackRock increased by 14% to $4.7 billion, leading to a diluted earnings per share of $31.37, up from $27.36 in the prior year period. The company's Assets Under Management (AUM) reached a new high of $11.5 trillion, up from $9.1 trillion a year ago, reflecting robust net inflows and positive market performance. The company also successfully managed its liquidity, with total liquidity resources increasing, and continued its share repurchase program.

BlackRock, Inc. (BLK) filed an 8-K on October 11, 2024, primarily announcing its financial results for the third quarter and first nine months of 2024, which concluded on September 30, 2024. The filing includes the official earnings release as Exhibit 99.1, providing detailed performance metrics and financial condition data for the period. Investors should refer to this exhibit for the specific operational and financial outcomes. Furthermore, the company indicated it would host an investor conference call and webcast on October 11, 2024, to discuss these earnings. Supplemental materials for this call are furnished as Exhibit 99.2. This webcast represents a key opportunity for investors to gain further insights into management's perspective on the company's performance, strategic initiatives, and future outlook.