---
schema_version: "secwatch.filing_event.v1"
accession: "0001056288-21-000015"
form_type: "8-K"
ticker: "FHI"
cik: "0001056288"
company_name: "FEDERATED HERMES, INC."
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T00:43:15.510096+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Federated Hermes Q2 EPS $0.56 vs $0.80 YoY; fee waivers hit $46.8M net

## Summary
- Diluted EPS $0.56, down 30% from $0.80; net income $55.9M vs $81.2M; includes $0.11/share UK tax expense.
- Revenue fell 14% YoY; operating expenses down 13%; voluntary yield-related fee waivers net negative $46.8M pre-tax.
- Total managed assets record $645.8B (+3% YoY); long-term assets record $216B; equity assets record $100.5B.
- Dividend declared $0.27/share, payable Aug 13, record Aug 6; repurchased 993K shares for $31.8M.
- Guides Q3 2021 waiver impact ~$38M pre-tax as short-term rates remain near zero.

## SEC filing metadata
- accession: 0001056288-21-000015
- form_type: 8-K
- ticker: FHI
- cik: 0001056288
- company_name: FEDERATED HERMES, INC.
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056288/000105628821000015/0001056288-21-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056288/000105628821000015/fhi-20210729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056288-21-000015
- JSON: https://secwatch.observer/filing/0001056288-21-000015.json
- Plain text: https://secwatch.observer/filing/0001056288-21-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.