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SEI Investments SEIC Private Banks — Depreciation
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Where this comes from
Reported directly by SEI Investments in its filing.
Tagged under the XBRL concept us-gaap:DepreciationNonproduction.
The source filing: SEI Investments’s 10-Q, filed July 27, 2026.
- Filed
- Jul 27, 2026, 3:00 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000350894-26-000048
| Line item | Amortization / 2026 | Amortization / 2025 | Depreciation / 2026 | Depreciation / 2025 |
|---|---|---|---|---|
| Investment Managers | $1,698 | $201 | $1,795 | $1,732 |
| Private Banks | 5,664 | 5,344 | 2,587 | 2,694 |
| Investment Advisors | 9,325 | 2,450 | 1,668 | 2,000 |
| Institutional Investors | 1,950 | 1,944 | 455 | 494 |
| Investments in New Businesses | 415 | 416 | 114 | 211 |
| Total from business segments | $19,052 | $10,355 | $6,619 | $7,131 |
| Corporate overhead | 85 | 94 | 452 | 534 |
| $19,137 | $10,449 | $7,071 | $7,665 |
Item 1. Financial Statements.
FAQ
- What is SEI Investments's private banks — depreciation?
- SEI Investments (SEIC) reported private banks — depreciation of $2.59M in Q2 2026.
- How has SEI Investments's private banks — depreciation changed year-over-year?
- SEI Investments's private banks — depreciation decreased by 4.0% year-over-year, from $2.69M to $2.59M.
- What does private banks — depreciation mean?
- This represents the systematic allocation of the cost of tangible assets used within the Private Banks segment over their useful lives. It reflects the wear and tear or obsolescence of physical infrastructure, such as office equipment and hardware, supporting the segment's operations. This non-cash expense is essential for understanding the true economic cost of maintaining the segment's operational capacity.
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