Federated Hermes AUM falls 3% quarter-on-quarter to $884.4 billion

Bitget2026/10/29 21:16

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Federated Hermes assets under management totaled $884.4 billion at Sept. 30, 2026, down 3% quarterly but up 2% annually.
Equity assets reached a record $110.5 billion; money market assets fell 4% quarterly to $649.9 billion.
Third-quarter diluted earnings rose to $1.50 per share from $1.34 a year earlier; net income reached $111.9 million.
A $0.38-per-share dividend will be paid Nov. 13, 2026, to shareholders of record Nov. 6, 2026.
An earnings conference call is scheduled for Oct. 30, 2026, at 9 a.m. Eastern.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001056288-26-000028), on October 29, 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 AUM falls 3% quarter-on-quarter to $884.4 billion

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