---
schema_version: "secwatch.filing_event.v1"
accession: "0001056288-23-000013"
form_type: "8-K"
ticker: "FHI"
cik: "0001056288"
company_name: "FEDERATED HERMES, INC."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T07:54:51.918060+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Federated Hermes Q1 EPS $0.78 beats $0.61 YoY; AUM record $701B, dividend up 4%

## Summary
- Q1 EPS $0.78 vs $0.61 YoY; net income $69.6M vs $55.9M.
- Total AUM record $701.0B, up 11% YoY; money market AUM record $505.8B (+20%).
- Board declares $0.28/share dividend, a 4% increase from Q4 2022; payable May 15.
- Revenue increased 18% YoY; no voluntary yield-related fee waivers in Q1 2023.
- Equity AUM $83.6B (-9% YoY); fixed-income $87.5B (-5% YoY).

## SEC filing metadata
- accession: 0001056288-23-000013
- form_type: 8-K
- ticker: FHI
- cik: 0001056288
- company_name: FEDERATED HERMES, INC.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056288/000105628823000013/0001056288-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056288/000105628823000013/fhi-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056288-23-000013
- JSON: https://secwatch.observer/filing/0001056288-23-000013.json
- Plain text: https://secwatch.observer/filing/0001056288-23-000013.txt

## Key facts
- Earnings Releases
  FEDERATED HERMES, INC. reported Q1 2023 results: net income net income of $69.6 million, EPS earnings per diluted share (EPS) of $0.78.
  - Period: Q1 2023
  - Net income: net income of $69.6 million
  - EPS: earnings per diluted share (EPS) of $0.78
  - Result: reported results
  source text: Federated Hermes, Inc. (Federated Hermes) issued the earnings press release attached hereto as Exhibit 99.1 to report first quarter 2023 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056288/000105628823000013/0001056288-23-000013-index.htm

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