---
schema_version: "secwatch.filing_event.v1"
accession: "0001056288-23-000026"
form_type: "8-K"
ticker: "FHI"
cik: "0001056288"
company_name: "FEDERATED HERMES, INC."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T07:44:46.340412+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Federated Hermes Q3 EPS $0.86, AUM record $715.2B, declares $0.28 dividend, new buyback

## Summary
- Q3 2023 diluted EPS $0.86 vs $0.78 YoY; net income $75.0M vs $69.5M.
- Total AUM record $715.2B, up 15% YoY; money market assets record $525.1B, up 19%.
- Board declares $0.28/share dividend payable Nov 15, 2023; authorizes new 5M share repurchase program.
- Revenue up 6% YoY; no voluntary yield-related fee waivers in Q3 2023 (nil vs $85.3M in 9M 2022).

## SEC filing metadata
- accession: 0001056288-23-000026
- form_type: 8-K
- ticker: FHI
- cik: 0001056288
- company_name: FEDERATED HERMES, INC.
- filed_at: 2023-10-26T23:59:59+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/1056288/000105628823000026/0001056288-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056288/000105628823000026/fhi-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056288-23-000026
- JSON: https://secwatch.observer/filing/0001056288-23-000026.json
- Plain text: https://secwatch.observer/filing/0001056288-23-000026.txt

## Key facts
- Earnings Releases
  FEDERATED HERMES, INC. reported third quarter 2023 results: net income net income of $75.0 million for Q3 2023, EPS $0.86.
  - Period: third quarter 2023
  - Net income: net income of $75.0 million for Q3 2023
  - EPS: $0.86
  - Result: reported results
  source text: On October 26, 2023, Federated Hermes, Inc. (Federated Hermes) issued the earnings press release attached hereto as Exhibit 99.1 to report third quarter 2023 results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1056288/000105628823000026/0001056288-23-000026-index.htm

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