secwatch.observer — SEC 8-K summary
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Issuer:     FEDERATED HERMES, INC. (FHI)
CIK:        0001056288
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0001056288-23-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Federated Hermes Q4 EPS $0.63 (incl. $0.27 impairment); record AUM $668.9B
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- Q4 2022 EPS $0.63, net income $56.5M; FY EPS $2.65 vs $2.75 in 2021.
- Total AUM $668.9B record, up $28M YoY and 7% QoQ from $624.4B.
- Board declares $0.27 quarterly dividend payable Feb 15, record Feb 8.
- Q4 includes $31.5M non-cash impairment charge ($0.27/share) from Hermes acquisition.
- Money market assets record $476.8B; equity assets down 16% YoY to $81.5B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056288/000105628823000003/0001056288-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056288/000105628823000003/fhi-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001056288-23-000003

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