Quarterly ResultApr 30, 2026, 05:22 PM
FHI Q1 EPS $1.27; Record AUM $907.1B; Dividend +11.8%
AI Summary
Federated Hermes, Inc. reported Q1 2026 diluted earnings per share of $1.27, a 1.6% increase year-over-year. The company achieved record total assets under management of $907.1 billion, driven by record money market and equity assets. The board of directors also declared an 11.8% increase in the quarterly dividend to $0.38 per share.
Key Highlights
- Total assets under management reached a record $907.1 billion, up 8% year-over-year.
- Money market assets hit a record $684.7 billion, increasing 7% year-over-year.
- Equity assets reached a record $100.8 billion, up 25% year-over-year.
- Q1 2026 diluted EPS was $1.27, a 1.6% increase from $1.25 in Q1 2025.
- Quarterly dividend increased by 11.8% to $0.38 per share.
- Revenue grew 13% to $479.0 million in Q1 2026 compared to Q1 2025.
- The company purchased 1,191,300 shares of common stock for $66.0 million in Q1 2026.