Franklin Resources reported third-quarter net income of $171.5 million ($0.31 diluted EPS), down from $268.2 million in the prior quarter but up significantly from $92.3 million a year earlier. Adjusted diluted EPS was $0.72, compared to $0.71 previously and $0.49 last year. Assets under management reached a record $1.8 trillion, supported by $18.4 billion in long-term net inflows. The company also announced it will change its corporate name from Franklin Resources, Inc. to Franklin Templeton, Inc., effective August 17, 2026. This rebranding aligns the legal entity with its global brand identity without altering capital structure or voting rights. The firm operates in the asset management industry.
