secwatch.observer — SEC 8-K summary
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Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001056288-22-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes Q4 EPS $0.71 down from $0.93; AUM record $668.9B; may issue $300M debt
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- Q4 2021 EPS $0.71 vs $0.93 YoY; net income $68.6M vs $95.2M; full-year EPS $2.75 vs $3.23.
- Total AUM record $668.9B (+8% YoY); long-term AUM record $221.0B.
- Board declared $0.27/share quarterly dividend payable Feb 15, 2022.
- Voluntary yield-related fee waivers net pre-tax impact $37.8M in Q4; Q1 2022 ~$22M, drop 90% if Fed hikes.
- Considering $300M longer-term financing for share buybacks, acquisitions, debt paydown.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000008/0001056288-22-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000008/fhi-20220127.htm
  HTML page:      https://secwatch.observer/filing/0001056288-22-000008

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