secwatch.observer — SEC 8-K summary
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Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001056288-22-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes Q3 2022 EPS $0.78 vs $0.73 YoY; managed assets $624.4B
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- Q3 2022 EPS of $0.78 (diluted) on net income of $69.5M, compared to $0.73 on $71.4M a year ago.
- Revenue rose 17% YoY to $54.6M, driven by lower voluntary yield-related fee waivers.
- Total managed assets were $624.4B at Sept. 30, 2022, down 2% from Sept. 30, 2021.
- Board declared $0.27 per share dividend, payable Nov. 15, 2022 to holders of record Nov. 8, 2022.
- Closed acquisition of C.W. Henderson & Associates, a municipal-bond SMA specialist, effective Oct. 1, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000034/0001056288-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628822000034/fhi-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001056288-22-000034

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