FHI: Q3 earnings and assets grew, led by equity strength and the FCP acquisition

Federated Hermes reported Q3 2026 revenue of $507.3M, up 8.1% YoY, and net income of $111.9M, up 7.5% YoY. Diluted EPS increased 11.9% to $1.5. Growth was driven by equity revenue and the FCP acquisition, according to the company.

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.

Federated Hermes (FHI) reported Q3 EPS of $1.50, beating estimates by $0.07, with revenue of $507.33M, exceeding expectations. The stock is down 3.25% over 3 months but up 22.64% year-over-year. InvestingPro rates its financial health as 'great performance'.