T. Rowe Price Group, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net revenues of $787.3 million, net income allocated to common stockholders of $229.9 million and diluted earnings per common share of $0.88. For the corresponding comparable period in 2011, net revenues were $671.6 million, net income allocated to common stockholders was $187.5 million and diluted earnings per common share were $0.73 in the fourth quarter of 2011. Net operating income was $361.2 million against $293.6 million a year ago. Income before income taxes was $378.1 million against $306.5 million a year ago.

For the year, the company reported net revenues of $3,022.5 million against $2,747.1 million for the same period last year. Net income allocated to common stockholders was $878.1 million or $3.36 per diluted share against $769.7 million or $2.92 per diluted share for the same period last year. Net operating income was $1,364.3 million against $1,226.9 million a year ago. Income before income taxes was $1,435.1 million against $1,250.6 million a year ago. Cash provided by operating activities, including $104.1 of stock-based compensation in 2012 was $902.8 million against $948.4 million for the same period last year. During 2012, the firm paid invested $76.9 million in capitalized technology and facilities.