Highest-materiality recent filing
Franklin Resources closes $750M 5.5% notes offering due 2036
Issued $750M aggregate principal of 5.500% unsecured subordinated notes due Aug 10, 2036.
Franklin Resources Q3 net income $171.5M, AUM record $1.79T; name change to Franklin Templeton
GAAP diluted EPS $0.31 vs $0.15 YoY; adjusted EPS $0.72 vs $0.49 YoY.
Franklin Resources enters $1.5B credit facility, extends maturity to 2031
New $1.5B revolving credit facility with option to increase by $500M, maturing July 30, 2031.
Franklin Resources grants $15M retention equity to top execs; carry incentives for CEO and Chairman
CEO, Co-Presidents, and CFO/COO each receive ~$15M equity award (50% PSUs, 50% RSUs) with multi-year cliff vesting.
Franklin Resources' Western Asset pays $100M SEC penalty, ends probes
Western Asset reached SEC settlement: pays $100M civil penalty into Fair Fund, no admission of wrongdoing.
GAAP net income $268.2M ($0.49 diluted EPS) vs $151.4M ($0.26) YoY; adjusted net income $384.5M ($0.71 EPS) up 51% YoY.
Shareholders approve stock plan amendments increasing authorized shares by 30M
Approved amendment to 1998 ESIP increasing authorized shares by 5,000,000.
Franklin Resources Q1 net income $255.5M ($0.46 EPS) vs $163.6M y/y; AUM $1.684T
Adjusted diluted EPS $0.70 vs $0.59 y/y; operating income $281M vs $219M, operating margin 12.1%.
Franklin Resources raises quarterly dividend 3.1% to $0.33 and expands share buyback by 20.8M shares
Quarterly dividend increased 3.1% to $0.33 per share; payable Jan 9, 2026 to holders of record Dec 30, 2025.
DOJ prepared to resolve Western Asset investigation without criminal charges
DOJ informed Franklin Resources on Dec 13, 2025 it will not file criminal charges against Western Asset in United States v. Leech case.
Franklin Q4 GAAP net income $117.6M ($0.21); adj EPS $0.67; AUM $1.66T; Western outflow $23.3B
GAAP net income Q4 $117.6M ($0.21 diluted) vs net loss $84.7M (-$0.19) YoY; fiscal year net income $524.9M ($0.91) vs $464.8M ($0.85).
Franklin Resources names Daniel Gamba CCO, appoints three Co-Presidents effective Oct 15
Daniel Gamba appointed Chief Commercial Officer and Co-President, effective Oct. 15, 2025.
Franklin Q3 GAAP EPS $0.15 vs $0.32 YoY; long-term outflows $9.3B, AUM $1.61T
GAAP net income $92.3M ($0.15 diluted EPS) vs $174.0M ($0.32) YoY, down 47% and 53% respectively.
Franklin Resources amends bylaws to add Delaware exclusive forum provision
Board adopted Amended and Restated Bylaws effective July 8, 2025.
Franklin Q2 adj EPS $0.47 vs $0.56 YoY; AUM down 6%; Western outflows $33.6B
GAAP net income $151.4M ($0.26 diluted EPS) vs $124.2M ($0.23) a year ago; adjusted EPS $0.47 vs $0.56.
Franklin Resources announces annual meeting results; all 11 directors elected, auditor ratified
All 11 board nominees elected; vote tallies ranged from 407.5M (Geoffrey Y. Yang) to 422.9M (Jennifer M. Johnson) 'for' votes.
Net income $163.6M ($0.29 diluted EPS) vs $251.3M ($0.50) YoY; adjusted EPS $0.59 vs $0.65 YoY.
Franklin Resources Q4 net loss $84.7M on $389M impairment; AUM record $1.68T
GAAP net loss $84.7M ($0.19 EPS) vs net income $295.5M YoY; operating loss $150.7M.
Western Asset appoints Buchanan CIO; Leech on leave after SEC Wells Notice; closes $2B strategy
Michael Buchanan named CIO, succeeding Ken Leech who is on immediate leave of absence.
Franklin Resources Q3 net income $174M (-24% YoY), adjusted EPS $0.60 (-5%); AUM $1.65T
Net income $174M ($0.32 diluted EPS); adjusted net income $326.4M ($0.60 adjusted EPS).
Franklin Resources Q2 GAAP EPS $0.23, down 54% QoQ; AUM $1.64T on Putnam deal, net inflows $6.9B
GAAP net income $124.2M ($0.23 diluted EPS), vs $251.3M ($0.50) prior quarter and $194.2M ($0.38) year ago.
Franklin Resources awards special $750k bonus to CFO/COO Nicholls for acquisition contributions
Compensation Committee awarded $750,000 special bonus to EVP/CFO/COO Matthew Nicholls.
Franklin Resources replaces CAO; shareholders authorize 25M more shares for equity plan
Gwen L. Shaneyfelt removed as Chief Accounting Officer but remains EVP effective Feb 6, 2024.
Franklin Resources reports Q1 adj. EPS $0.65, revenue $1.99B; closes Putnam acquisition
GAAP net income $251.3M ($0.50 EPS) vs $165.6M YoY; adj. net income $328.5M ($0.65 adj. EPS) vs $262.4M YoY.
Franklin Resources raises quarterly dividend 3.3% to $0.31, authorizes 27.2M share buyback
Quarterly dividend $0.31/share, up 3.3% from prior quarter and prior year; payable Jan 12, 2024; record Jan 3, 2024.
Franklin Resources to issue 33.3M shares to Great-West in Putnam buy
33,333,333 shares (4.9% of outstanding) issued at closing to Great-West.
Franklin Resources Q4 net income $295.5M ($0.58), adjusted EPS $0.84; AUM $1.374T
Revenue $1.986B, up 2% YoY; operating income $338.3M, margin 17.0%.
Franklin Resources adopts clawback policy for executive compensation per NYSE listing standards
Board adopted Clawback Policy on October 18, 2023, effective immediately.
Franklin Resources Q3 GAAP EPS $0.44, adjusted EPS $0.63; long-term net flows positive
GAAP net income $227.5M ($0.44 diluted EPS) vs $256.4M ($0.50) YoY; up 17% sequentially from $194.2M ($0.38).
Franklin Resources enters $800M revolving credit facility, repays $300M term loan
New five-year $800M revolver with Bank of America as agent; no borrowings outstanding at closing.
Franklin Resources adopts triennial advisory vote on exec compensation after shareholder vote
At Feb 7, 2023 annual meeting, majority of voted shares approved holding advisory vote on exec compensation every three years.
Franklin Resources Q2 net income $194M ($0.38/diluted) down 44% YoY; revenue falls 7%
GAAP net income attributable to FR $194.2M, $0.38 diluted EPS, down 44% from $349.6M ($0.68) YoY.
Franklin Resources shareholders elect all 11 directors, approve say-on-pay frequency
All 11 director nominees elected; Gregory E. Johnson, Jennifer M. Johnson, Rupert H. Johnson, Jr. each received over 409M votes.
Franklin Resources Q1 net income $165.6M, EPS $0.32 vs $0.88 YoY; AUM $1.39T
GAAP diluted EPS $0.32, down 64% YoY; adjusted diluted EPS $0.51, down 53% YoY.
Franklin Resources Q4 net income $232.7M ($0.46 EPS), down 65% YoY; AUM falls 15%
Net income attributable to Franklin Resources $232.7M ($0.46 diluted) vs $665.7M ($1.30) prior-year Q4.
Franklin Resources enters $500M revolver and $300M term loan, to repay $300M notes due Sept 2022
New $500M revolving credit facility matures Sept 7, 2023; no amounts drawn at closing.
Franklin Resources Q3 earnings: GAAP EPS $0.50, adjusted EPS $0.82; AUM down 11% YoY to $1.38T
Net income $256.4M ($0.50 diluted EPS) vs $438.4M ($0.86) YoY; revenue $2.03B, down 7% YoY.
Franklin Resources Q2 net income $349.6M ($0.68 EPS) down 8% YoY; long-term outflows $11.7B
Adjusted diluted EPS $0.96, up 22% YoY from $0.79; adjusted net income $491.6M.
Franklin Resources appoints CFO Matthew Nicholls to additional COO role
Matthew Nicholls appointed COO effective April 15, 2022, while remaining CFO.
Franklin Resources elects 11 directors, ratifies PwC as auditor at 2022 annual meeting
All 11 director nominees elected; votes ranged from 393M to 403M for, with 35.4M broker non-votes.
Franklin Resources Q1 net income $453M ($0.88 EPS); AUM hits $1.58T on $24.1B long-term net inflows
Revenue $2.224B (+11% YoY); operating income $557.7M (+36% YoY); GAAP diluted EPS $0.88 vs $0.67 a year ago.
Franklin Resources enters $500M 364-day revolver with Bank of America
$500M revolving credit facility matures in 364 days from Jan 10, 2022.
Share repurchase agreement under Rule 10b5-1 effective January 3, 2022.
Franklin Resources grants 26,163 replacement RSUs to NEOs after prior performance awards miss target
CEO Jennifer Johnson receives 5,429 RSUs; Executive Chairman Gregory Johnson gets 8,958 RSUs.
Franklin Resources adopts Deferred Compensation Fund Plan for executives effective Nov 16, 2021
Plan allows eligible management and highly compensated employees to defer base salary and bonuses.
Franklin Resources Q4 EPS $1.30; acquires Lexington Partners for $1.75B
Net income $665.7M, diluted EPS $1.30 (includes $0.30 tax benefit); adjusted EPS $1.26.
Franklin Resources issues $450M in notes: $350M 2.950% due 2051, $100M 1.600% due 2030
Issued $350M of 2.950% Notes due 2051 and $100M additional 1.600% Notes due 2030 (total $450M).
Franklin Resources Q3 net income $438.4M, EPS $0.86; AUM $1.55T up 4% QoQ
GAAP net income $438.4M ($0.86 diluted EPS) vs $290.4M ($0.58) a year ago; revenue $2.17B up 87% YoY.
Franklin Resources appoints Karen M. King to Board, expands board to 11
Karen M. King, Managing Director and Chief Legal Officer of Silver Lake, elected as director effective July 1, 2021.
On February 6, 2024, the Board of Directors (the “Board”) of Franklin Resources, Inc. (the “Company”) removed Ms. Gwen L. Shaneyfelt as Chief Accounting Officer of the Company pursuant to various organizational changes.
On February 6, 2024, the Board appointed Ms. Lindsey H. Oshita, currently Senior Vice President and Chief Accounting Officer – Americas for the Company, as Chief Accounting Officer and the principal accounting officer of the Company.
On April 11, 2022, the Board of Directors (the “Board”) of Franklin Resources, Inc. (the “Company”) appointed Mr. Matthew Nicholls, currently Executive Vice President and Chief Financial Officer of the Company, to the additional role of Chief Operating Officer of the Company, effective April 15, 2022.
Effective July 1, 2021, the Board of Directors (the “Board”) of Franklin Resources, Inc. (the “Company”) elected Karen M. King to serve as a director of the Company, increasing the size of the Board from 10 to 11.
Max materiality 0.85 · Median 0.65 · Most common event earnings