T. Rowe Price Group, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net revenues of $1,091.2 million against $1,052.2 million a year ago. Net operating income was $563.3 million compared to $455.0 million a year ago. Income before income taxes were $575.5 million compared to $498.4 million a year ago. Net income allocated to common stockholders was $371.4 million against $298.5 million a year ago. Diluted earnings per share on common stock were $1.50 against $1.17 a year ago. Net cash inflows during the fourth quarter of 2015 were $2.8 billion, including $0.7 billion of transfers from the mutual funds. Adjusted net income allocated to common stockholders was $304.7 million against $277.2 million a year ago. Adjusted diluted earnings per share on common stock were $1.21 against $1.07 a year ago. For the year, the company reported net revenues of $4,222.9 million against $4,200.6 million a year ago. Net operating income was $1,733.4 million compared to $1,898.9 million a year ago. Income before income taxes were $1,960.5 million compared to $2,002.4 million a year ago. Net income allocated to common stockholders was $1,189.5 million against $1,206.9 million a year ago. Diluted earnings per share on common stock were $4.75 against $4.63 a year ago. Cash provided by operating activities, including $162 of stock-based compensation expense attributable to the company was $1,343.7 million against $1,530.5 million a year ago. Adjusted net income allocated to common stockholders was $1,148.9 million against $1,160.3 million a year ago. Adjusted diluted earnings per share on common stock were $4.49 against $4.39 a year ago.