Federated Hermes Q2 FY26 EPS rises 19% to $1.38; revenue increases 18% to $502.78 million

Reuters2026/07/30 21:08

By:Reuters

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Federated Hermes Q2 2026 EPS rose 19% to $1.38; net income increased 15% to $104.32 million.
Revenue climbed 18% to $502.78 million, driven by higher average equity and money market assets; FCP acquisition added $13.9 million.
Total managed assets hit a record $911.6 billion at June 30, up 8% year over year; equity assets reached a record $109.6 billion, up 23%.
Money market assets rose 7% year over year to $676.9 billion, while alternative/private markets assets increased 4% to $21.6 billion on the FCP deal.
Board declared a $0.38 per share dividend; CEO J. Christopher Donahue cited record MDT gross sales, two new ETFs, and a blockchain-ecosystem fund launch.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Federated Hermes Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607301617PR_NEWS_USPR_____NE16055) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Federated Hermes Q2 FY26 EPS rises 19% to $1.38; revenue increases 18% to $502.78 million

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