FEDERATED HERMES, INC. (FHI) Form 10-Q — Jul 31, 2026
Federated Hermes reported strong financial results for the second quarter of 2026, with total revenue increasing 18% year-over-year to $502.8 million driven by higher advisory and service fees. Net income rose 15% to $104.3 million, resulting in earnings per share of $1.38 compared to $1.16 in the prior year period. The company completed the acquisition of an 80% interest in real estate investment manager FCP Fund Manager, L.P. on April 9, 2026, for $216.0 million in cash and $23.1 million in stock.
Key figures
- Eps
- 1.38
- Revenue
- 502776000
- Net Income
- 104318000
- Total Debt
- 348500000
- Cash Position
- 301727000
- Acquisition Goodwill
- 231700000
- Acquisition Intangibles
- 102800000
- Share Repurchases Six Months
- 124900000
Price after filing
Close on the filing date to close N calendar days later (from $60.08). Historical, not a forecast.
AI analysis
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