earnings
confidence high
sentiment neutral
materiality 0.75
Federated Hermes posts record AUM $907B, Q1 EPS $1.27; dividend up 11.8%
FEDERATED HERMES, INC.
2026-Q1 EPS reported
$1.27
revenue$478,957,000
- Record AUM $907.1B at March 31, 2026, up 8% YoY; money market AUM record $684.7B.
- Q1 2026 EPS $1.27 (vs $1.25 YoY) on net income $96.4M; prior year included $0.15/share VAT refund benefit.
- Quarterly dividend raised 11.8% to $0.38/share; payable May 15, 2026 to holders of record May 8.
- Revenue up $55.4M (13%) YoY; operating expenses up $60.9M (21%) on higher distribution and comp.
- Equity assets record $100.8B (+25% YoY); top-selling funds were MDT quantitative offerings.