Federated Hermes Q2 EPS $1.16 vs $0.20 a year ago; record $845.7 billion managed assets
Federated Hermes reported second quarter 2025 earnings of $1.16 per diluted share, up from $0.20 a year earlier, on revenue of $424.8 million, up 6%. The prior-year quarter included a $66.3 million impairment charge, and compared with the first quarter of 2025, EPS fell 7% and revenue was flat. The board also declared a $0.34 per share dividend and approved a new buyback of up to 5 million shares.
Key points
- Q2 2025 net income was $91.0 million, compared with $21.0 million in Q2 2024, which included a $66.3 million non-cash impairment.
- Total managed assets were a record $845.7 billion at June 30, 2025, up 8% from a year earlier and up 1% from March 31, 2025.
- Quarterly dividend of $0.34 per share is payable Aug 15, 2025 to holders of record as of Aug 8, 2025.
- The board authorized an 18th share repurchase program of up to 5 million additional Class B shares with no expiration date.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.