Every material Form 8-K Federated Hermes filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Federated Hermes said longtime executive John Fisher, 69, will step back from full-time duties and stop serving as an executive officer effective April 30, 2026. Paul Uhlman will succeed him as President and CEO of the Federated Advisory Companies, and Bryan Burke will succeed Uhlman as President of Federated Securities Corp.; Fisher will remain on the board until the next annual meeting, where he will not stand for re-election.
John Fisher, 69, steps back from full-time responsibilities effective April 30, 2026 and will serve as Chairman of the Federated Advisory Companies
Paul Uhlman, 59, with 35 years at the company, becomes President and CEO of the Federated Advisory Companies and remains a Vice President and executive officer
Bryan Burke, 53, with 23 years at the company, becomes President of Federated Securities Corp. and a Vice President and executive officer
Fisher will not stand for re-election to the board at the annual meeting expected April 30, 2026; Uhlman will be recommended for board nomination
Federated Hermes reported third quarter 2025 results, with diluted earnings per share of $1.34, up from $1.06 a year earlier, and net income of $104.1 million, up from $87.5 million. Total managed assets reached a record $871.2 billion at Sept. 30, 2025, and the board declared a $0.34 per share dividend.
Q3 2025 diluted EPS was $1.34 versus $1.06 in Q3 2024; net income was $104.1 million versus $87.5 million.
Total revenue rose 15% to $469.4 million from $408.5 million in Q3 2024, driven mainly by higher average money market and equity assets.
Total managed assets were a record $871.2 billion at Sept. 30, 2025, up 9% from $800.5 billion a year earlier.
The board declared a $0.34 per share dividend, payable Nov. 14, 2025 to shareholders of record as of Nov. 7, 2025.
Federated Hermes agreed on October 23, 2025 to acquire an 80% interest in FCP Fund Manager, L.P., a privately held U.S. real estate investment manager with $3.8 billion of assets as of June 30, 2025. The deal is expected to close in the first half of 2026, subject to third-party consents and U.S. antitrust clearance, and the company plans to fund the cash portion from its balance sheet and credit line. Its analyst presentation projects the deal to be accretive to earnings per share in 2026 and 2027.
Up to $331 million total price: $215.8 million cash and $23.2 million in Class B common stock paid at closing, plus up to $92 million in contingent payments over multiple years
FCP has $3.8 billion in assets under management as of June 30, 2025 and more than 75 employees, headquartered in Chevy Chase, Maryland
Expected closing in the first half of 2026; the analyst presentation projects accretion of about $0.04 per share for fiscal 2026 and about $0.13 per share for fiscal 2027
Federated Hermes will own 80% and FCP management 20%, with a put/call option on the remaining stake beginning after the fifth anniversary of closing
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.
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.
Federated Hermes reported first quarter 2025 earnings of $1.25 per diluted share, up from $0.89 a year earlier, on net income of $101.1 million and revenue of $423.5 million, up 7%. Total managed assets reached a record $839.8 billion, and the board raised the quarterly dividend 9.7% to $0.34 per share, which shareholders of record as of May 8, 2025 will receive on May 15, 2025.
Q1 2025 diluted EPS of $1.25 vs. $0.89 in Q1 2024; net income of $101.1 million vs. $75.0 million
Q1 2025 results include a $12.9 million decrease in Other operating expense, or $0.15 per diluted share, from a U.K. value-added tax refund
Total managed assets were a record $839.8 billion at March 31, 2025, up 8% from a year earlier
Quarterly dividend raised to $0.34 per share from $0.31; payable May 15, 2025 to holders of record May 8, 2025
Federated Hermes reported fourth-quarter 2024 diluted EPS of $1.04, up from $0.96 a year earlier, and full-year 2024 EPS of $3.23, down from $3.40. Full-year results include a $66.3 million non-cash impairment of an intangible asset recorded in Q2 2024, which the company said reduced EPS by $0.73. Total managed assets reached a record $829.6 billion at Dec. 31, 2024.
Q4 2024 net income was $84.7 million, compared with $82.2 million in Q4 2023.
Full-year 2024 net income was $268.3 million, compared with $299.0 million in 2023, including the $66.3 million impairment charge.
Total managed assets were $829.6 billion at Dec. 31, 2024, up 10% from $757.6 billion a year earlier.
The board declared a $0.31 quarterly dividend payable Feb. 14, 2025; the company bought back 552,533 Class B shares for $22.1 million in Q4 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Federated Hermes filing is on SEC EDGAR ↗. 8-K briefs of other companies →