secwatch.observer — SEC 8-K summary
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Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001056288-21-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes Q3 2021 EPS $0.73, down from $0.85 YoY; fixed-income assets hit record $97B
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- Net income $71.4M, down from $85.8M YoY; diluted EPS $0.73 vs $0.85.
- Total managed assets $634.1B, up 3% YoY; long-term assets record $220B.
- Board declares $0.27 quarterly dividend, payable Nov. 15 to record Nov. 8.
- Voluntary fee waivers net negative pre-tax impact $36.9M in Q3, expected ~$39M in Q4.
- Equity assets $97.4B (+21% YoY); money market assets $413.7B (-4% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628821000024/0001056288-21-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628821000024/fhi-20211028.htm
  HTML page:      https://secwatch.observer/filing/0001056288-21-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer