Nov 6, 8:36 AM ET
Franklin Templeton announced preliminary fourth quarter and full-year results for the period ended September 30, 2026, reporting a quarterly net income of $380.1 million, or $0.72 per diluted share, alongside $20.8 billion in long-term net inflows. Total assets under management reached $1.795 trillion, reflecting an 8% increase year-over-year.
- Preliminary fourth quarter net income was $380.1 million, or $0.72 per diluted share, compared to $117.6 million, or $0.21 per diluted share, in the prior-year period.
- Long-term net inflows were $20.8 billion for the quarter ended September 30, 2026, and $84.1 billion for the full fiscal year.
- Total assets under management were $1.795 trillion as of September 30, 2026.
- The company repurchased 2.5 million shares of its common stock for $86.1 million during the fourth quarter.
Read the filing on SEC.gov ↗
Jul 31, 8:36 AM ET
Franklin Resources reported third-quarter results for the period ended June 30, 2026, with operating revenues up 3% from the prior quarter and 14% from a year earlier. Net income fell 36% from the prior quarter to $171.5 million, though it rose 86% from the year-earlier quarter. The company also said it will change its corporate name to Franklin Templeton, Inc. effective August 17, 2026, with the stock continuing to trade under BEN.
- Operating revenues were $2,358.4 million, up 3% from $2,294.9 million in the prior quarter and up 14% from $2,064.0 million a year earlier.
- Net income attributable to the company was $171.5 million, or $0.31 per diluted share, compared with $268.2 million, or $0.49 per share, in the prior quarter.
- Adjusted operating income of $508.9 million excludes a $100.0 million charge related to significant regulatory settlements.
- The corporate name changes to Franklin Templeton, Inc. effective August 17, 2026; the NYSE ticker remains BEN.
Read the filing on SEC.gov ↗
Jul 30, 5:17 PM ET
Franklin Resources entered into a Second Amended and Restated Credit Agreement with Bank of America as administrative agent, replacing its existing $1.5 billion revolving credit agreement. The new five-year facility extends maturity to July 30, 2031, and allows an optional increase of up to $500 million; $700 million was outstanding at closing. The filing describes this as a refinancing and extension of existing borrowing capacity rather than a new source of cash beyond the amounts already drawn.
- New five-year revolving credit facility with $1.5 billion of commitments, maturing July 30, 2031, with an option to increase by up to $500 million
- $700 million outstanding under the facility as of July 30, 2026, rolled over from the terminated Original Credit Agreement, which was scheduled to mature April 30, 2030
- Covenant requires a consolidated net leverage ratio of no greater than 3.25 to 1.00, tested quarterly
Read the filing on SEC.gov ↗
Jul 23, 8:48 AM ET
Effective July 21, 2026, the Compensation Committee granted one-time special retention equity awards to CEO Jennifer M. Johnson, Co-Presidents Daniel Gamba, Terrence J. Murphy and Matthew Nicholls, and carry incentive allocations to CEO Jennifer M. Johnson and Executive Chairman Gregory E. Johnson. The filing says the awards are meant to retain the core leadership team and that the carry incentives have no realizable value at grant, paying out only if fund performance exceeds pre-specified hurdles.
- Each equity award has a grant-date fair value of approximately $15 million, split 50% performance stock units (fiscal years 2027 to 2029, payout range 0% to 187.5%) and 50% restricted stock units vesting August 31, 2031.
- Carry incentives to the CEO and Executive Chairman vest over five years, with one-third eligible in years three, four and five.
- The filing states the awards are not part of regular annual compensation; full award terms will be filed with the Form 10-K for the fiscal year ending September 30, 2026.
Read the filing on SEC.gov ↗
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