8/1014 sources · 8 publishersUpdated Nov 3, 06:41 UTC
Federated Hermes reports record equity assets and $1.50 EPS in Q3 2026
Federated Hermes announced third‑quarter 2026 results, posting diluted earnings per share of $1.50, up from $1.34 a year earlier. Total managed assets were $884.4 billion, with equity assets reaching a record $110.5 billion. Revenue rose 8% year‑over‑year to $507.3 million and the board declared a $0.38 per‑share dividend. The company also repurchased 992,312 class B shares for $57.4 million.
Why it matters
The higher EPS and record equity assets suggest stronger fee revenue, which may support continued dividend payments and share buybacks. Investors will watch whether the equity‑driven growth offsets declines in money‑market assets.
Key facts
- 1Diluted EPS for Q3 2026 was $1.50, up from $1.34 in Q3 2025. prnewswire.com
- 2Total managed assets were $884.4 billion at September 30, 2026. prnewswire.com
- 3Equity assets reached a record $110.5 billion at September 30, 2026. prnewswire.com
- 4Revenue increased 8% YoY to $507.3 million. tradingview.com
- 5The board declared a dividend of $0.38 per share, payable November 13, 2026. prnewswire.com
- 6The company repurchased 992,312 class B shares for $57.4 million during the quarter. prnewswire.com
Summary written by AlphAI AI Desk from 14 of 14 sources. Not investment advice. Figures are as stated by the linked sources.