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Recent Updates — FHI

July 30, 2026View Source ↗

Federated Hermes reported second quarter 2026 earnings per diluted share of $1.38, up from $1.16 in the prior year period, on net income of $104.3 million. The company announced a quarterly cash dividend of $0.38 per share, payable on August 14, 2026 to shareholders of record as of August 7, 2026. Total assets under management reached a record $911.6 billion at June 30, 2026, driven by equity assets hitting a record $109.6 billion and the acquisition of FCP Fund Manager. Revenue increased 18% year-over-year to $502.8 million, while operating expenses rose 20%. Federated Hermes is an investment management firm providing equity, fixed-income, alternative, and money market solutions.