Federated Hermes 3Q 2026: Revenue $507.3M, Net income $111.9M, EPS $1.5— 10-Q Summary

Federated Hermes (FHI) reported Q3 earnings with record equity assets of $110.5B, driven by strong MDT sales and institutional wins. Positive net inflows of $1.9B were partly offset by weaker money market assets and fixed income redemptions. Revenue rose 1% to $4.6M, while expenses fell 4%. Management highlighted strong operating margins and a large institutional pipeline.

Federated Hermes reported Q3 revenue of $507.3M and net income of $111.9M, with diluted EPS of $1.50. Year-to-date revenue and earnings also increased. Managed assets grew 2% to $884.4B. The company plans to focus on acquisitions, repurchases, and technology investments.

Federated Hermes (FHI) reported Q3 earnings, with $6.5B in net institutional wins and expected net sales of $7B from MDT equity additions. Money market assets declined 4% QoQ but rebounded in October. The company is developing tokenized money market distribution arrangements. Q3 revenue increased 1% YoY, while operating expenses decreased 4%. FHI manages $890B in assets.

Federated Hermes reported Q3 revenue of $507.3M, EPS of $1.50, and managed assets of $884.4B, up 2% YoY. Equity and alternatives grew, while liquidity assets were flat. A $0.38 dividend was declared.

Federated Hermes (FHI) reported Q3 2026 revenue of $507.3M, up 8.1% YoY and 0.8% above estimates. EPS of $1.50 beat forecasts by 3.9%. AUM grew 1.5% YoY to $884.4B, missing estimates by 1.8%. The company cited record highs in equity assets and alternative strategies.

Federated Hermes (FHI) reported Q3 net income of $111.9M, or $1.50 per share, exceeding analysts' expectations of $1.42 per share. Revenue was $507.3M, also above forecasts of $505.8M, according to Zacks Investment Research.