Earnings summaries and quarterly performance for FEDERATED HERMES.
Research analysts who have asked questions during FEDERATED HERMES earnings calls.
Patrick Davitt
Autonomous Research
7 questions for FHI
Also covers: ABL, AMG, APO +10 more
Brian Bedell
Deutsche Bank
5 questions for FHI
Also covers: AMG, AMTD, APO +23 more
JD
John Dunn
Evercore ISI
5 questions for FHI
Also covers: AAMI, AB, APAM +5 more
KW
Kenneth Worthington
JPMorgan Chase & Co.
4 questions for FHI
Also covers: APO, ARES, BAM +27 more
WK
William Katz
TD Cowen
4 questions for FHI
Also covers: AB, AMG, AMTD +25 more
BK
Bill Katz
TD Securities
2 questions for FHI
Also covers: AB, AMTD, ARES +13 more
DF
Daniel Fannon
Jefferies Financial Group Inc.
2 questions for FHI
Also covers: AB, AMG, AMTD +27 more
KW
Ken Worthington
JPMorgan
2 questions for FHI
Also covers: ARES, BLK, BLSH +11 more
BH
Brennan Hawken
UBS Group AG
1 question for FHI
Also covers: AMP, AMTD, APO +30 more
DF
Dan Fannin
Jefferies
1 question for FHI
DF
Dan Fannon
Jefferies & Company Inc.
1 question for FHI
Also covers: AB, AMG, AMTD +26 more
KL
Kenneth Lee
RBC Capital Markets
1 question for FHI
Also covers: AAMI, AMP, APAM +17 more
MC
Michael Cho
JPMorgan Chase & Co.
1 question for FHI
Also covers: ENV, FRGE, LPLA +4 more
RH
Robin Holby
TD Cowen
1 question for FHI
Also covers: AB, ICE
T
Trevor
Jefferies Financial Group Inc.
1 question for FHI
Recent press releases and 8-K filings for FHI.
Federated Hermes Announces Q4 2025 Results
FHI
Earnings
Dividends
- Federated Hermes reported earnings per share of $1.39 and total revenue of $482.8 million for Q4 2025.
- Total managed assets reached $902.6 billion at the end of Q4 2025.
- The company declared a dividend of $0.34.
- Equity assets increased by 3% to $97.9 billion, and liquidity assets rose by 5% to $682.6 billion from Q3 2025. Fixed-income assets decreased by -2% to $100.1 billion.
Jan 30, 2026, 2:00 PM
Federated Hermes Reports Record AUM and Q4 2025 Financial Results
FHI
Earnings
New Projects/Investments
M&A
- Federated Hermes concluded 2025 with a record $903 billion in assets under management (AUM), driven by gains in money market and equity strategies. Money market assets reached $683 billion (up $30 billion in Q4), and equity assets increased by $3.2 billion in Q4, with $1.5 billion in net sales.
- For Q4 2025, total revenue increased by $13.4 million (3%) from the prior quarter, primarily due to higher money market and equity assets. Operating expenses rose by $7.3 million (2%), mainly from increased distribution expenses.
- The company is advancing strategic initiatives, including the FCP acquisition expected to close in Q2 2026, and plans to open a Hong Kong office. FHI is also actively developing tokenization efforts for money market funds.
- Looking ahead to Q1 2026, seasonal factors are expected to result in approximately $10.2 million lower revenues and about $8 million higher compensation and related expenses.
Jan 30, 2026, 2:00 PM
Federated Hermes Reports Record AUM in Q4 2025, Advances Strategic Acquisitions and Digital Asset Initiatives
FHI
Earnings
M&A
New Projects/Investments
- Federated Hermes concluded 2025 with a record $903 billion in assets under management, primarily driven by gains in money market and equity strategies. Money market assets alone reached a record $683 billion, with money market fund assets increasing by $16 billion (3%) in Q4 to $508 billion.
- Total revenue for Q4 2025 increased by $13.4 million (3%) from the prior quarter, largely due to higher money market and equity assets, while operating expenses rose by $7.3 million (2%). The effective tax rate for the quarter was 24.4%.
- The company is progressing with the FCP acquisition, anticipated to close in the first half of 2026, and plans to establish a Hong Kong office. Federated Hermes is also actively developing digital asset initiatives, including tokenized US money market funds through a partnership with Archax and a collaboration with BNY and Goldman Sachs.
- MDT Equity and market-neutral strategies achieved record gross sales of $4 billion and net sales exceeding $2 billion in Q4 2025, contributing to record full-year 2025 MDT gross sales of $19.1 billion and net sales of $13 billion.
Jan 30, 2026, 2:00 PM
Federated Hermes Announces Q4 2025 Results and Strategic Initiatives
FHI
Earnings
M&A
New Projects/Investments
- Federated Hermes (FHI) concluded 2025 with record assets under management (AUM) of $903 billion, primarily driven by gains in money market and equity strategies. As of January 28, 2026, managed assets were approximately $909 billion.
- The company reported Q4 2025 net equity sales of $1.5 billion, contributing to full-year 2025 net equity sales of $4.6 billion. MDT strategies were a significant driver, achieving record gross sales of $4 billion and net sales of over $2 billion in Q4 2025.
- Money market assets reached a record high of $683 billion at the end of 2025, with money market fund assets increasing by $16 billion (3%) to $508 billion in Q4.
- Total revenue for Q4 2025 increased by $13.4 million (3%) from the prior quarter, with higher money market assets contributing $8 million and higher equity assets adding $5.5 million. Q4 operating expenses rose by $7.3 million (2%), mainly due to $8.8 million in higher distribution expense.
- Strategic initiatives include the planned FCP acquisition expected to close in the first half of 2026, with estimated additional transaction costs of $9.2 million in 2026. FHI is also expanding its global presence with a planned Hong Kong office and advancing digital asset efforts through partnerships like Archax and a BNY/Goldman Sachs initiative.
Jan 30, 2026, 2:00 PM
Federated Hermes, Inc. Reports Record AUM and Strong Q4 and Full-Year 2025 Earnings
FHI
Earnings
Dividends
Share Buyback
- Federated Hermes, Inc. reported record total assets under management (AUM) of $902.6 billion at December 31, 2025, an increase of 9% from December 31, 2024. This was primarily driven by record money market AUM of $682.6 billion.
- Earnings per diluted share (EPS) for Q4 2025 were $1.39, compared to $1.04 for Q4 2024, and full-year 2025 EPS reached $5.13, up from $3.23 in 2024.
- The board of directors declared a quarterly dividend of $0.34 per share.
- During Q4 2025, Federated Hermes repurchased 1,566,901 shares of Class B common stock for $78.7 million, bringing the total shares purchased in 2025 to 6,192,433 for $263.4 million.
Jan 29, 2026, 10:10 PM
Federated Hermes Reports Record AUM and Q4 and Full-Year 2025 Financial Results
FHI
Earnings
Dividends
Share Buyback
- Federated Hermes reported Q4 2025 earnings per diluted share of $1.39 and full-year 2025 EPS of $5.13.
- The company achieved record total assets under management (AUM) of $902.6 billion at December 31, 2025, representing a 9% increase from December 31, 2024.
- Money market AUM also reached a record $682.6 billion at year-end 2025.
- The board declared a quarterly dividend of $0.34 per share.
- Total revenue increased by 14% in Q4 2025 to $482.833 million and by 10% for the full year 2025 to $1,800.663 million.
Jan 29, 2026, 9:17 PM
Federated Hermes announces new CIO for global fixed income and head of Municipal Bond Group
FHI
Management Change
- Federated Hermes announced that R.J. Gallo, current Deputy CIO for global fixed income, will succeed Robert Ostrowski as CIO for global fixed income.
- Robert Ostrowski will retire on May 1, 2026, after 38 years with Federated Hermes.
- Ann Ferentino will become the sole head of the Municipal Bond Group.
- As of Sept. 30, 2025, Gallo will oversee $101.8 billion in global fixed-income assets, and Ferentino will oversee $7.1 billion in municipal managed assets.
Jan 8, 2026, 9:12 PM
AM Best Revises FHM Insurance Company's Outlook to Stable
FHI
Demand Weakening
Profit Warning
- AM Best has revised the outlooks for FHM Insurance Company to stable from positive, while affirming its Financial Strength Rating of B+ (Good) and Long-Term Issuer Credit Rating of "bbb-" (Good).
- The outlook revision reflects AM Best's assessment that FHM's enterprise risk management (ERM) remains marginal, and foundational actions to improve operating performance have not fully benefited the company's financial condition.
- Despite improving loss experience in recent accident years, the expense ratio remains high due to a relatively shrinking book of business, and persistent pressure on workers' compensation premium rates has challenged profitability.
- Negative rating action could occur if FHM's risk-adjusted capitalization materially deteriorates or if operating performance continues to trend poorly and falls short of AM Best's expectations.
Dec 18, 2025, 3:21 PM
Federated Hermes Reports Record Q3 2025 AUM and Announces FCP Acquisition
FHI
Earnings
M&A
New Projects/Investments
- Federated Hermes achieved record assets under management of $871 billion in Q3 2025, with total revenue increasing by $44.6 million (10%) from the prior quarter, largely due to growth in money market and equity assets.
- The company agreed to acquire a controlling interest in FCP, a U.S.-based real estate investment manager with $3.8 billion in AUM, aiming to enter the U.S. real estate market with the acquisition expected to close around the end of Q1 2026.
- Federated Hermes started Q4 with approximately $2.1 billion in net institutional mandates yet to fund, with about two-thirds expected to fund in Q4, and is actively pursuing digital asset opportunities, including tokenized money market funds.
Oct 31, 2025, 1:00 PM
Federated Hermes Reports Q3 2025 Financial Results
FHI
Earnings
Dividends
- Federated Hermes reported $871.2 billion in managed assets at the end of Q3 2025, with total revenue of $469.4 million and $1.34 earnings per share for the quarter.
- The company declared a dividend of $0.34 for Q3 2025.
- Managed assets saw growth across key categories compared to Q2 2025: equity assets increased by 6% to $94.7 billion, fixed-income assets grew by 3% to $101.8 billion, and liquidity assets rose by 3% to $652.8 billion at Q3 period end.
- Year-to-date Q3 2025, Federated Hermes recorded $2,888 million in net equity sales and $(1,071) million in net fixed-income sales.
Oct 31, 2025, 1:00 PM
Quarterly earnings call transcripts for FEDERATED HERMES.
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