| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 478.96 | 13.1% |
| Total Income | 478.96 | 13.1% |
| Expenditure | 352.63 | 20.9% |
| PBT | 129.77 | 4.6% |
| Net Profit | 96.38 | 4.7% |
| OPM | 26.38% | 4.74pp |
| NPM | 20.12% | 3.76pp |
| EPS | 1.27 | 1.6% |
Federated Hermes Reports Q1 2026 Earnings, AUM Reaches Record $907.1 Billion
01 May 2026 · 1 May, 2:53 am
Summary
Federated Hermes, Inc. reported earnings per diluted share of $1.27 for Q1 2026, compared to $1.25 for the same quarter last year, on net income of $96.4 million for Q1 2026, compared to $101.1 million for Q1 2025. Total managed assets were a record $907.1 billion at March 31, 2026, up 8% from $839.8 billion at March 31, 2025. The board of directors declared a dividend of $0.38 per share, an increase of 11.8% from the previous quarter. In the first quarter, the company saw record gross sales and positive net flows in equity offerings.
Key Highlights
- 1
Total assets under management reached a record $907.1 billion for Federated Hermes.
- 2
Money market assets reached a record $684.7 billion.
- 3
Equity assets reached a record $100.8 billion.
- 4
Q1 2026 earnings per diluted share were $1.27.
- 5
The quarterly dividend increased by 11.8% from the previous quarter to $0.38 per share.
- 6
Total average managed assets for Q1 2026 were $915.6 billion, up 9% from Q1 2025.
Management Comments
J. Christopher Donahue
In the first quarter, we saw record gross sales and positive net flows in our equity offerings as we continued momentum from the previous year, with investor interest in a range of our offering types. Separate accounts reached new record assets on overall demand for our MDT suite of quantitative investment solutions, led by our MDT All Cap Core and MDT Mid Cap Growth offerings. Investors with interest in capital preservation and liquidity continued to rely on our money market offerings and—for those interested in moving further out the yield curve in the pursuit of higher yields than money market products—our ultrashort funds.
Informational and educational content only. Not investment advice.