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AI brief of an SEC Form 8-K · Federated Hermes (FHI)

Federated Hermes Q3 EPS rises to $1.50 from $1.34; equity assets reach record

Positive Impact 3 of 5 earnings

Federated Hermes reported third quarter 2026 earnings per diluted share of $1.50, up from $1.34 a year earlier, on revenue of $507.3 million, up 8%. Equity assets reached a record $110.5 billion, and the board declared a $0.38 per share dividend, but total managed assets fell 3% from June 30, 2026.

Key points

  • Q3 2026 net income was $111.9 million, compared with $104.1 million in Q3 2025.
  • Revenue rose $37.9 million, or 8%, year over year, helped by higher average equity assets and the Q2 2026 acquisition of FCP Fund Manager, L.P.
  • Total managed assets were $884.4 billion at Sept. 30, 2026, down $27.2 billion or 3% from June 30, 2026.
  • The board declared a $0.38 per share dividend, payable Nov. 13, 2026 to shareholders of record as of Nov. 6, 2026.

The filing

CompanyFederated Hermes (FHI)
Form8-K, current report
Filed with the SECOct 29, 2026, 4:36 PM ET
Accession number0001056288-26-000028

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.

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.