{"filings":[{"id":2162601,"accession_number":"0001552781-26-000423","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2026-08-10T20:15:40+00:00","items":["2.03","8.01","9.01"],"status":"ready","headline":"Franklin Resources closes $750M 5.5% notes offering due 2036","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $750M aggregate principal of 5.500% unsecured subordinated notes due Aug 10, 2036.","Net proceeds to repay ~$700M of revolving borrowings under its credit agreement; remainder for general corporate purposes.","Interest payable semi-annually Feb 10 and Aug 10, first payment Feb 10, 2027; maturity Aug 10, 2036.","Notes redeemable at Treasury Rate plus 15 bps before May 10, 2036 (Par Call Date), then at par.","Underwriters: BofA Securities, HSBC Securities (USA), Wells Fargo Securities; closing on Aug 10, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1977797,"accession_number":"0000038777-26-000215","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2026-07-31T12:36:53+00:00","items":["2.02","5.03","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q3 net income $171.5M, AUM record $1.79T; name change to Franklin Templeton","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $0.31 vs $0.15 YoY; adjusted EPS $0.72 vs $0.49 YoY.","Revenue $2.36B, up 14% YoY; operating income $215.8M (GAAP), adjusted $508.9M.","AUM record $1.79T; long-term net inflows $18.4B in quarter, $63.3B fiscal YTD.","Alternative AUM record $294.2B; private markets fundraising $11.8B in quarter.","Company to change name to Franklin Templeton, Inc. effective Aug 17, 2026; ticker BEN unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1970278,"accession_number":"0001552781-26-000398","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2026-07-30T21:17:52+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Franklin Resources enters $1.5B credit facility, extends maturity to 2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $1.5B revolving credit facility with option to increase by $500M, maturing July 30, 2031.","Prior $1.5B facility terminated; $700M outstanding rolled into new facility.","Interest rates based on debt rating: Term SOFR + 0.625%-1.25%, Base Rate + 0%-0.25%.","Financial covenant: consolidated net leverage ratio ≤ 3.25x.","Use of proceeds for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1812556,"accession_number":"0000038777-26-000194","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2026-07-23T12:48:00+00:00","items":["5.02","9.01"],"status":"ready","headline":"Franklin Resources grants $15M retention equity to top execs; carry incentives for CEO and Chairman","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO, Co-Presidents, and CFO/COO each receive ~$15M equity award (50% PSUs, 50% RSUs) with multi-year cliff vesting.","CEO and Executive Chairman receive carry incentives tied to performance of private markets and alternative strategy funds.","Awards are one-time, not part of regular annual comp; designed to retain core leadership over at least five years.","PSUs vest after 3 years based on operating margin and relative TSR; RSUs vest after 5 years.","Carry incentives are 100% at-risk, vest over 5 years, and require fund returns to exceed performance hurdles."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":871197,"accession_number":"0000038777-26-000171","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2026-06-05T13:00:38+00:00","items":["8.01","9.01"],"status":"ready","headline":"Franklin Resources' Western Asset pays $100M SEC penalty, ends probes","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Western Asset reached SEC settlement: pays $100M civil penalty into Fair Fund, no admission of wrongdoing.","DOJ notified Western Asset it is no longer a subject of its investigation, taking no further action.","Settlement resolves all SEC and DOJ investigations into trade allocation allegations involving former co-CIO Ken Leech.","Western Asset states settlement avoids prolonged litigation, allowing focus on clients."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98108,"accession_number":"0000038777-26-000100","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2026-04-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q2 net income up 77% YoY to $0.49 EPS; adjusted EPS $0.71; $16.9B long-term net inflows","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $268.2M ($0.49 diluted EPS) vs $151.4M ($0.26) YoY; adjusted net income $384.5M ($0.71 EPS) up 51% YoY.","Operating revenues $2.29B, up 9% YoY; operating income $323.3M, up 122%; adjusted operating margin 27.1% vs 23.4% YoY.","Long-term net inflows $16.9B including $13.2B private market fundraising; AUM $1.68T, up 9% YoY.","ETFs and Canvas reached record AUM: $4.5B and $5.3B net inflows respectively; Canvas up 27% QoQ.","Dividend declared $0.33/share, up 3% YoY; repurchased 2.3M shares for $57.1M in the quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":0.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":4622000000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113379,"accession_number":"0000038777-26-000051","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve stock plan amendments increasing authorized shares by 30M","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Approved amendment to 1998 ESIP increasing authorized shares by 5,000,000.","Approved amendment to 2002 USIP increasing authorized shares by 25,000,000.","Elected all 11 director nominees; ratified PwC as auditor for fiscal 2026.","Advisory say-on-pay vote passed with ~93% support among votes cast."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113378,"accession_number":"0000038777-26-000032","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2026-01-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q1 net income $255.5M ($0.46 EPS) vs $163.6M y/y; AUM $1.684T","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted diluted EPS $0.70 vs $0.59 y/y; operating income $281M vs $219M, operating margin 12.1%.","Long-term net inflows $28.0B, excluding Western Asset outflows of $6.6B; record AUM in alternatives, ETFs.","Alternatives fundraising $10.8B; Lexington Co-Investment Partners VI closed at $4.6B; Apera Asset Management acquisition completed Oct 1.","Dividend declared $0.33/share (up 3% y/y); repurchased 1.8M shares for $41.9M during quarter.","AUM $1.684T at Dec 31, 2025, +7% y/y; cash and investments $5.1B."],"consensus_eps_estimate":null,"consensus_eps_actual":0.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":2327100000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129762,"accession_number":"0000038777-25-000279","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2025-12-17T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Franklin Resources raises quarterly dividend 3.1% to $0.33 and expands share buyback by 20.8M shares","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend increased 3.1% to $0.33 per share; payable Jan 9, 2026 to holders of record Dec 30, 2025.","Board authorizes additional 20.8M shares for repurchase; total available rises to 40.0M shares.","Credit facility increased by $400M to $1.5B via Joinder Agreement dated Dec 11, 2025.","Company has raised its dividend every year since 1981."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129761,"accession_number":"0000038777-25-000273","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2025-12-15T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"DOJ prepared to resolve Western Asset investigation without criminal charges","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["DOJ informed Franklin Resources on Dec 13, 2025 it will not file criminal charges against Western Asset in United States v. Leech case.","Resolution discussions ongoing; additional time needed due to circumstances not attributable to Western Asset.","Western Asset's full cooperation with the DOJ investigation acknowledged.","Internal investigation into past trade allocations involving treasury derivatives continues."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129760,"accession_number":"0000038777-25-000234","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Q4 GAAP net income $117.6M ($0.21); adj EPS $0.67; AUM $1.66T; Western outflow $23.3B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income Q4 $117.6M ($0.21 diluted) vs net loss $84.7M (-$0.19) YoY; fiscal year net income $524.9M ($0.91) vs $464.8M ($0.85).","Adjusted net income Q4 $357.5M ($0.67 diluted) vs $315.2M ($0.59) YoY; FY adjusted net income $1,195.8M ($2.22) vs $1,276.7M ($2.39).","Revenue Q4 $2.34B up 6% YoY; operating income $85.4M vs operating loss $150.7M YoY.","AUM $1,661.2B; long-term net outflows $11.9B incl $23.3B Western; ex-Western net inflows $11.4B (8th consecutive quarter).","Alternative AUM record $270B after Apera acquisition; cash & investments $6.7B; $930M returned to shareholders in FY."],"consensus_eps_estimate":null,"consensus_eps_actual":0.91,"consensus_revenue_estimate":null,"consensus_revenue_actual":8770700000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146350,"accession_number":"0000038777-25-000189","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2025-09-08T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Franklin Resources names Daniel Gamba CCO, appoints three Co-Presidents effective Oct 15","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Daniel Gamba appointed Chief Commercial Officer and Co-President, effective Oct. 15, 2025.","Compensation: base salary $700k, minimum bonus $5.5M, equity grants exceeding $13M.","Adam Spector steps down as EVP Head of Global Distribution, remains CEO of Fiduciary Trust International.","Terrence Murphy and Matthew Nicholls also appointed Co-Presidents; CEO Jennifer Johnson relinquishes President title.","Gamba previously led Northern Trust Asset Management ($1.3T AUM) and spent 20+ years at BlackRock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146349,"accession_number":"0000038777-25-000133","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2025-08-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Q3 GAAP EPS $0.15 vs $0.32 YoY; long-term outflows $9.3B, AUM $1.61T","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $92.3M ($0.15 diluted EPS) vs $174.0M ($0.32) YoY, down 47% and 53% respectively.","Adjusted net income $263.4M, adj diluted EPS $0.49 vs $0.60 YoY, down 19% and 18% YoY.","Long-term net outflows $9.3B; excluding Western Asset Management, net inflows $7.8B. Institutional won-but-unfunded mandates record $24.4B.","Alternatives fundraising $6.2B in Q3, including $5.3B private markets. Agreed to acquire majority of Apera Asset Management (~$5.7B AUM).","AUM $1,611.8B, up 5% QoQ on $78B market gains. GAAP operating margin 7.5%, adjusted 23.7%. Repurchased 7.3M shares for $157.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":6427000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146348,"accession_number":"0000038777-25-000127","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2025-07-09T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Franklin Resources amends bylaws to add Delaware exclusive forum provision","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board adopted Amended and Restated Bylaws effective July 8, 2025.","New Section 7.9 designates Delaware Court of Chancery as sole forum for certain internal corporate actions.","Forum selection applies to derivative suits, breach of fiduciary duty claims, and other stockholder actions.","Board may consent to an alternative forum if it determines it is in the best interests of the company.","Amendment is a governance change; no financial or operational impact disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164709,"accession_number":"0000038777-25-000074","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2025-05-02T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Q2 adj EPS $0.47 vs $0.56 YoY; AUM down 6%; Western outflows $33.6B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $151.4M ($0.26 diluted EPS) vs $124.2M ($0.23) a year ago; adjusted EPS $0.47 vs $0.56.","Operating revenues $2,111.4M, down 2% YoY and 6% sequentially; operating margin 6.9%.","AUM $1,540.6B, down 6% YoY; long-term net outflows $26.2B, including $33.6B from Western Asset Management.","Excluding Western, long-term net inflows were $7.4B; multi-asset and alternatives combined $9.7B positive net flows.","Dividend declared $0.32/share (flat QoQ); repurchased 0.5M shares for $10M."],"consensus_eps_estimate":0.4987,"consensus_eps_actual":0.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":4363000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182430,"accession_number":"0000038777-25-000022","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Franklin Resources announces annual meeting results; all 11 directors elected, auditor ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 11 board nominees elected; vote tallies ranged from 407.5M (Geoffrey Y. 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Johnson) 'for' votes.","Broker non-votes of ~35.8M shares on director elections.","Ratification of PricewaterhouseCoopers as auditor for FY2025 approved with 451.2M for, 9.7M against.","Annual meeting held February 4, 2025; no other proposals voted upon."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182429,"accession_number":"0000038777-25-000016","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2025-01-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q1 net income $163.6M ($0.29 EPS), down 35% YoY; AUM $1.58T, long-term outflows $50B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $163.6M ($0.29 diluted EPS) vs $251.3M ($0.50) YoY; adjusted EPS $0.59 vs $0.65 YoY.","Operating revenues $2.25B, up 13% YoY; operating income $219M, up 6% YoY.","AUM $1.58T, down 6% QoQ; long-term net outflows $50B, driven by $67.9B outflows at Western Asset Management.","Excluding Western, long-term net inflows $18B; equity, multi-asset, alternatives combined positive $17B.","Dividend increased to $0.32/share from $0.31; shares repurchased $5.8M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.29,"consensus_revenue_estimate":null,"consensus_revenue_actual":2251600000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199046,"accession_number":"0000038777-24-000177","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q4 net loss $84.7M on $389M impairment; AUM record $1.68T","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $84.7M ($0.19 EPS) vs net income $295.5M YoY; operating loss $150.7M.","Adjusted EPS $0.59 (-30% YoY); adjusted operating income $451.6M.","$389.2M impairment of Western Asset Management intangible; long-term net outflows $31.3B.","Record AUM $1.68T (+22% YoY); Putnam AUM grew 21% to $180B.","Quarterly dividend $0.31/share; repurchased 4.9M shares for $102.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":8478000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215086,"accession_number":"0000038777-24-000140","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2024-08-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Western Asset appoints Buchanan CIO; Leech on leave after SEC Wells Notice; closes $2B strategy","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael Buchanan named CIO, succeeding Ken Leech who is on immediate leave of absence.","Leech received a Wells Notice from SEC staff related to past trade allocations involving Treasury derivatives.","Franklin Resources disclosed internal investigation into certain trade allocations; cooperating with parallel government investigations.","Western Asset to close its Macro Opportunities strategy, with approximately $2.0B in AUM as of July 31, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215085,"accession_number":"0000038777-24-000112","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2024-07-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q3 net income $174M (-24% YoY), adjusted EPS $0.60 (-5%); AUM $1.65T","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $174M ($0.32 diluted EPS); adjusted net income $326.4M ($0.60 adjusted EPS).","Operating revenues $2.12B (+8% YoY); operating margin 10.5% vs 16.0% a year ago.","Long-term net outflows $3.2B; positive net flows in alternatives and multi-asset; ETFs saw $3B inflows to $27B AUM.","Dividend declared $0.31/share (+3% YoY); repurchased 4.3M shares for $101.5M.","Strategic initiatives: AI platform collaboration with Microsoft, minority investment in Envestnet, and investment management platform consolidation."],"consensus_eps_estimate":null,"consensus_eps_actual":1.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":6266800000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234333,"accession_number":"0000038777-24-000068","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2024-04-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q2 GAAP EPS $0.23, down 54% QoQ; AUM $1.64T on Putnam deal, net inflows $6.9B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $124.2M ($0.23 diluted EPS), vs $251.3M ($0.50) prior quarter and $194.2M ($0.38) year ago.","Adjusted net income $306.6M ($0.56 adjusted EPS), vs $328.5M ($0.65) prior quarter and $316.7M ($0.61) year ago.","AUM $1,644.7B, up 13% QoQ; includes $148.3B from Putnam acquisition; long-term net inflows $6.9B (vs -$5.0B prior quarter).","Fixed income net inflows $8.3B; equity net outflows $5.3B; institutional unfunded pipeline nearly $20B.","Dividend declared $0.31/share, unchanged from prior quarter; repurchased 0.4M shares for $11.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.71,"consensus_revenue_estimate":null,"consensus_revenue_actual":4143900000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252230,"accession_number":"0000038777-24-000046","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2024-02-09T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Franklin Resources awards special $750k bonus to CFO/COO Nicholls for acquisition contributions","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Compensation Committee awarded $750,000 special bonus to EVP/CFO/COO Matthew Nicholls.","Bonus recognizes his contributions to a recent acquisition.","Bonus payable in cash on or before March 1, 2024.","Approved on February 5, 2024, by the Board's Compensation Committee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252229,"accession_number":"0000038777-24-000027","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2024-02-08T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Franklin Resources replaces CAO; shareholders authorize 25M more shares for equity plan","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gwen L. Shaneyfelt removed as Chief Accounting Officer but remains EVP effective Feb 6, 2024.","Lindsey H. Oshita appointed as Chief Accounting Officer; previously SVP and CAO – Americas since 2019.","Shareholders approved amendment to 2002 Universal Stock Incentive Plan, increasing authorized shares by 25 million (for: ~356M, against: ~59M)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252228,"accession_number":"0000038777-24-000005","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2024-01-29T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources reports Q1 adj. EPS $0.65, revenue $1.99B; closes Putnam acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $251.3M ($0.50 EPS) vs $165.6M YoY; adj. net income $328.5M ($0.65 adj. EPS) vs $262.4M YoY.","Total AUM $1,455.5B, up 6% QoQ; long-term net outflows $5.0B, but cash management net inflows $4.7B.","Closed acquisition of Putnam Investments on Jan 1, 2024; adds $148B AUM, total AUM ~$1.6T.","Alternatives saw inflows of $3.8B combined from BSP, Clarion, Lexington; Lexington closed $22.7B secondary fund.","Dividend increased to $0.31/share from $0.30; repurchased 2.4M shares for $58.8M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.5,"consensus_revenue_estimate":null,"consensus_revenue_actual":1991100000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269752,"accession_number":"0000038777-23-000175","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2023-12-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Franklin Resources raises quarterly dividend 3.3% to $0.31, authorizes 27.2M share buyback","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend $0.31/share, up 3.3% from prior quarter and prior year; payable Jan 12, 2024; record Jan 3, 2024.","Board authorized additional 27.2M share repurchase, increasing total authorization to 40M shares (incl. 12.8M remaining).","Dividend increase continues annual increase streak since 1981; buyback program has no expiration date.","Repurchases depend on price, market and business conditions; shares retired upon repurchase."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269751,"accession_number":"0000038777-23-000145","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2023-11-01T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Franklin Resources to issue 33.3M shares to Great-West in Putnam buy","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["33,333,333 shares (4.9% of outstanding) issued at closing to Great-West.","Additional $100M cash payable 180 days post-close; up to $375M contingent consideration.","4.9% stake subject to five-year lock-up; remaining shares locked for 180 days.","Issuance exempt from registration under Section 4(a)(2) as private placement to accredited investor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269750,"accession_number":"0000038777-23-000143","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2023-10-31T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q4 net income $295.5M ($0.58), adjusted EPS $0.84; AUM $1.374T","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $1.986B, up 2% YoY; operating income $338.3M, margin 17.0%.","Long-term net outflows $6.9B in Q4, improved from $20.4B outflows in prior year quarter.","Alternative AUM reached $255B (+13% YoY); Alcentra closed, Putnam acquisition on track.","Repurchased 7.0M shares for $187.6M in Q4; cash & investments $6.9B.","Adjusted diluted EPS $0.84 vs $0.78 prior year Q4; full-year adjusted EPS $2.60 vs $3.63."],"consensus_eps_estimate":null,"consensus_eps_actual":1.72,"consensus_revenue_estimate":null,"consensus_revenue_actual":7849400000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269749,"accession_number":"0000038777-23-000137","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2023-10-24T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Franklin Resources adopts clawback policy for executive compensation per NYSE listing standards","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board adopted Clawback Policy on October 18, 2023, effective immediately.","Policy requires repayment/forfeiture of Excess Compensation after an Accounting Restatement.","Applies to executive officers who received Incentive-Based Compensation in the prior three fiscal years.","Adopted to comply with Section 10D of the Exchange Act, Rule 10D-1, and NYSE listing standards."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286742,"accession_number":"0000038777-23-000109","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2023-07-28T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Franklin Resources enters $800M revolving credit facility, repays $300M term loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New five-year $800M revolver with Bank of America as agent; no borrowings outstanding at closing.","Terminated $500M revolver (maturity Sep 2023) and $300M term loan (maturity Sep 2025); $300M term loan fully repaid.","Interest is Base Rate or Term SOFR plus margin (0.625%-1.25%) based on debt rating; commitment fee 0.06%-0.125% on unused balance.","Financial covenant requires net leverage ratio ≤ 3.25x at each quarter-end.","Proceeds available for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286741,"accession_number":"0000038777-23-000105","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2023-07-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q3 GAAP EPS $0.44, adjusted EPS $0.63; long-term net flows positive","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $227.5M ($0.44 diluted EPS) vs $256.4M ($0.50) YoY; up 17% sequentially from $194.2M ($0.38).","Adjusted diluted EPS $0.63 vs $0.82 YoY and $0.61 prior Q; adjusted operating income $476.8M.","Operating revenues $1.969B (-3% YoY); GAAP operating margin 16.0%, adjusted operating margin 30.5%.","Ending AUM $1,431.5B (+1% QoQ); long-term net flows turned positive at $0.2B (vs -$3.7B prior Q).","Announced pending acquisition of Putnam Investments ($136B AUM); Great-West Lifeco to allocate $25B."],"consensus_eps_estimate":null,"consensus_eps_actual":1.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":5863300000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306684,"accession_number":"0000038777-23-000100","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K/A","filed_at":"2023-06-30T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Franklin Resources adopts triennial advisory vote on exec compensation after shareholder vote","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["At Feb 7, 2023 annual meeting, majority of voted shares approved holding advisory vote on exec compensation every three years.","Board had recommended triennial frequency in its proxy statement for the meeting.","Company will include say-on-pay vote every three years until next required frequency vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306685,"accession_number":"0000038777-23-000071","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2023-05-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q2 net income $194M ($0.38/diluted) down 44% YoY; revenue falls 7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income attributable to FR $194.2M, $0.38 diluted EPS, down 44% from $349.6M ($0.68) YoY.","Operating revenues $1.927B, down 7% YoY from $2.081B; operating margin 13.2% vs 22.2%.","Adjusted diluted EPS $0.61 (vs $0.96 YoY) down 36%; adjusted operating margin 28.9% vs 35.7%.","Total AUM $1.422T, up 2% QoQ, down 4% YoY; long-term net outflows $3.7B (improved from $10.9B prior Q).","Positive net flows in fixed income, multi-asset, alternatives; equity outflows $8.3B."],"consensus_eps_estimate":null,"consensus_eps_actual":0.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":3894300000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325788,"accession_number":"0000038777-23-000044","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2023-02-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Franklin Resources shareholders elect all 11 directors, approve say-on-pay frequency","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 11 director nominees elected; Gregory E. Johnson, Jennifer M. Johnson, Rupert H. Johnson, Jr. each received over 409M votes.","PwC ratified as auditor for fiscal 2023 with 441.97M votes for.","Advisory vote on executive compensation approved: 387.29M For vs 24.86M Against.","Stockholders voted to hold say-on-pay every three years (234.95M votes for 3-year vs 176.48M for 1-year)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325787,"accession_number":"0000038777-23-000007","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2023-01-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q1 net income $165.6M, EPS $0.32 vs $0.88 YoY; AUM $1.39T","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $0.32, down 64% YoY; adjusted diluted EPS $0.51, down 53% YoY.","Operating revenues $1.97B, down 12% YoY; operating margin 9.9% vs 25.1% YoY.","AUM $1.388T, up 7% QoQ, driven by $48.8B market gains and $34.9B Alcentra acquisition.","Long-term net outflows $10.9B; cash management net inflows $17.5B generated total net inflows $6.6B.","Dividend raised to $0.30/share from $0.29; repurchased 0.5M shares for $14.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":1967100000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343535,"accession_number":"0000038777-22-000171","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2022-11-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q4 net income $232.7M ($0.46 EPS), down 65% YoY; AUM falls 15%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to Franklin Resources $232.7M ($0.46 diluted) vs $665.7M ($1.30) prior-year Q4.","Adjusted diluted EPS $0.78 vs $1.26 prior year; adjusted net income $394.4M vs $644.6M.","AUM $1,297.4B at Sept 30, 2022, down 15% YoY; long-term net outflows $20.4B in the quarter.","Acquisitions of Lexington Partners and Alcentra closed; pro forma alternative AUM totals $260B.","Repurchased 1.0M shares for $27.3M in Q4; cash and investments $6.8B at quarter end."],"consensus_eps_estimate":null,"consensus_eps_actual":2.53,"consensus_revenue_estimate":null,"consensus_revenue_actual":8275300000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360069,"accession_number":"0000038777-22-000165","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2022-09-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Franklin Resources enters $500M revolver and $300M term loan, to repay $300M notes due Sept 2022","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $500M revolving credit facility matures Sept 7, 2023; no amounts drawn at closing.","New $300M term loan matures Sept 8, 2025; funded in full at closing to repay 2.800% senior notes due Sept 2022.","Interest on term loan at SOFR + 0.75%-1.00% based on credit rating; facility includes 0.10% credit spread adjustment.","Financial covenant requires consolidated net leverage ratio ≤ 3.00x, measured quarterly.","Revolver carries annual commitment fee of 0.05% on average unused amount."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360068,"accession_number":"0000038777-22-000137","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2022-07-28T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q3 earnings: GAAP EPS $0.50, adjusted EPS $0.82; AUM down 11% YoY to $1.38T","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $256.4M ($0.50 diluted EPS) vs $438.4M ($0.86) YoY; revenue $2.03B, down 7% YoY.","Adjusted net income $416.0M ($0.82) vs $493.7M ($0.96) YoY; adjusted operating margin 35.3% vs 36.5%.","Ending AUM $1,379.8B, down 11% YoY; long-term net outflows $19.8B; $57.2B added from Lexington acquisition.","Alternative AUM rose to $224.8B (Lexington); announced Alcentra acquisition to double alternative credit AUM.","Dividend maintained at $0.29/share; repurchased 2M shares for $51M in the quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":2.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":6336300000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":378997,"accession_number":"0000038777-22-000098","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2022-05-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q2 net income $349.6M ($0.68 EPS) down 8% YoY; long-term outflows $11.7B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted diluted EPS $0.96, up 22% YoY from $0.79; adjusted net income $491.6M.","Revenue $2.08B flat YoY; operating margin 22.2% vs 22.0% in prior year.","Long-term net outflows of $11.7B, driven by fixed income (-$7.9B) and equity (-$6.1B).","Closed Lexington acquisition, increasing alt AUM by 39% to $215B; alternative AUM at quarter end $157.9B.","Repurchased 2.7M shares for $80.8M; dividend declared $0.29 per share (flat QoQ)."],"consensus_eps_estimate":null,"consensus_eps_actual":1.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":4305000000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":378996,"accession_number":"0000038777-22-000091","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2022-04-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Franklin Resources appoints CFO Matthew Nicholls to additional COO role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Matthew Nicholls appointed COO effective April 15, 2022, while remaining CFO.","Expanded duties include technology, operations, and human resources.","Nicholls joined Franklin in 2019 and has driven operational improvements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":397230,"accession_number":"0000038777-22-000086","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2022-02-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Franklin Resources elects 11 directors, ratifies PwC as auditor at 2022 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 11 director nominees elected; votes ranged from 393M to 403M for, with 35.4M broker non-votes.","PricewaterhouseCoopers LLP ratified as independent auditor for FY ending Sep 30, 2022 with 428.5M for, 11.7M against.","Meeting held February 23, 2022; results filed under Item 5.07."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":397229,"accession_number":"0000038777-22-000011","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2022-02-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q1 net income $453M ($0.88 EPS); AUM hits $1.58T on $24.1B long-term net inflows","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $2.224B (+11% YoY); operating income $557.7M (+36% YoY); GAAP diluted EPS $0.88 vs $0.67 a year ago.","Adjusted diluted EPS $1.08 (down from $1.26 prior qtr but up 48% YoY); adjusted operating margin 39.8%.","Long-term net inflows were $24.1B, reversing prior qtr outflows of $9.9B; alternatives posted 10th consecutive quarter of net inflows.","Acquired O'Shaughnessy Asset Management; announced acquisition of Lexington Partners; Anne Simpson hired as Global Head of Sustainability.","Dividend raised to $0.29 per share (from $0.28); repurchased 0.7M shares for $21.7M during the quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":0.88,"consensus_revenue_estimate":null,"consensus_revenue_actual":2224000000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":397228,"accession_number":"0000038777-22-000006","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2022-01-14T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Franklin Resources enters $500M 364-day revolver with Bank of America","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$500M revolving credit facility matures in 364 days from Jan 10, 2022.","Interest at Base Rate or BSBY rate plus 0.65% margin; 0.05% commitment fee on unused.","Covenant: consolidated net leverage ratio ≤ 3.00x tested quarterly.","Proceeds for general corporate purposes; no amounts drawn at closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":416184,"accession_number":"0001206774-21-002966","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2021-12-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Franklin Resources enters 10b5-1 repurchase plan with Morgan Stanley; ~30.9M shares remain authorized","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Share repurchase agreement under Rule 10b5-1 effective January 3, 2022.","Plan expected to be completed by June 30, 2022; shares purchased depend on price.","Repurchases under existing authorization with 30,867,872 remaining authorized shares.","Consistent with previously disclosed approach to share repurchases."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":416183,"accession_number":"0000038777-21-000213","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2021-12-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Franklin Resources grants 26,163 replacement RSUs to NEOs after prior performance awards miss target","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Jennifer Johnson receives 5,429 RSUs; Executive Chairman Gregory Johnson gets 8,958 RSUs.","CFO Matthew Nicholls awarded 918 RSUs; EVPs Jed Plafker (5,429) and Craig Tyle (918) also granted.","RSUs replace 2018/2019 performance-based awards that would have vested if one-time expenses excluded.","Awards vest on December 1, 2022 based solely on continued service.","Approved by Compensation Committee on December 13, 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":416182,"accession_number":"0000038777-21-000199","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2021-11-16T23:59:59+00:00","items":["2.03","9.01"],"status":"ready","headline":"Franklin Resources adopts Deferred Compensation Fund Plan for executives effective Nov 16, 2021","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan allows eligible management and highly compensated employees to defer base salary and bonuses.","No employer contributions; participant deferrals are fully vested at all times.","Distributions made upon separation from service, death, unforeseeable emergency, or specified future date.","Participant accounts are unfunded, unsecured general creditor claims ranking pari passu with other unsecured debt.","Initial deferral election deadline for 2022 compensation is December 15, 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":416181,"accession_number":"0000038777-21-000169","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2021-11-01T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Franklin Resources Q4 EPS $1.30; acquires Lexington Partners for $1.75B","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Net income $665.7M, diluted EPS $1.30 (includes $0.30 tax benefit); adjusted EPS $1.26.","Revenue $2.18B (+28% YoY); FY2021 net income $1.83B (+129%) and adjusted EPS $3.74.","AUM $1.53T; long-term net outflows $9.9B in Q4.","Acquired Lexington Partners for $1.75B ($1B at close, $750M over 3 years); expected accretive to adjusted EPS.","Lexington has $34B fee-based AUM; close expected by end of Q2 fiscal 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":433802,"accession_number":"0001193125-21-244829","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2021-08-12T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Franklin Resources issues $450M in notes: $350M 2.950% due 2051, $100M 1.600% due 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $350M of 2.950% Notes due 2051 and $100M additional 1.600% Notes due 2030 (total $450M).","Net proceeds for general corporate purposes; may redeem $300M of 2.800% notes due 2022 and/or $250M Legg Mason 3.950% notes due 2024.","The Additional 2030 Notes ($100M) share same CUSIP and series as the $750M originally issued Oct 2020, making total 2030 Notes $850M.","Notes are unsecured, unsubordinated obligations, ranking equal with other unsecured debt, structurally subordinated to subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":16456908453.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":433801,"accession_number":"0000038777-21-000135","cik":38777,"company_name":"FRANKLIN RESOURCES INC","ticker":"BEN","form_type":"8-K","filed_at":"2021-08-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Franklin Resources Q3 net income $438.4M, EPS $0.86; 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