LPL Financial reported substantial strategic activity and mixed financial results for the period ending September 30, 2025 (Q3 2025). The company successfully closed the $2.7 billion acquisition of Commonwealth on August 1, 2025, with asset conversion expected by Q4 2026. This M&A strategy was heavily financed by approximately \(1.7 billion raised via a public equity offering and significant debt issuance, leading to total Corporate Debt rising to \)7.52 billion.
Financial Performance: Reported GAAP Net Income showed a material reversal in Q3 2025, swinging to a **Net Loss of $29.5 mill
...