Federated Hermes, Inc. — Q3 2026 Earnings Summary

Federated Hermes, Inc. reported third-quarter 2026 earnings per diluted share of $1.50, representing a 12% increase from the same period in 2025, driven by net income of $111.9 million. The company's total managed assets reached $884.4 billion as of September 30, 2026, with equity assets hitting a record high of $110.5 billion. Revenue for the quarter rose 8% to $507.3 million, primarily due to higher average equity assets and the acquisition of FCP Fund Manager, while operating expenses increased 4% to $354.0 million. The board of directors declared a quarterly dividend of $0.38 per share, payable on November 13, 2026, to shareholders of record as of November 6, 2026.