Q4 2021 SEI Investments Co Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. Welcome to the SEI Fourth Quarter 2021 Earnings Call.
(Operator Instructions)
And as a reminder, this conference call is being recorded. I would now like to turn the call over to our host, Chairman and CEO, Mr. Al West. Please go ahead.
Welcome, everyone. On our call today, we have some new participants due to a change in leadership in our Banking and Investment Managers segments. Al Chiaradonna will speak for Private Banking and Phil McCabe will speak for the Investment Management segment.
They will be joined by the segment leaders on the call as well as Dennis McGonigle, SEI's CFO; and Kathy Heilig, SEI's Controller. First, let's turn our attention to the financial results of fourth quarter 2021.
Revenues grew 13% during the quarter compared to fourth quarter last year. At the same time, earnings increased 15%, plus the fourth quarter EPS of $1.03 grew 20% from the $0.86 reported in fourth quarter 2020. During
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