Federated Hermes, Inc. reports third quarter 2026 earnings
Key Highlights
- ➤Q3 EPS $1.50, up 12% from $1.34 year over year
- ➤Equity assets record $110.5 billion, up 17% year over year
- ➤Total managed assets $884.4 billion, down 3% from Q2 2026
- ➤Board declares $0.38 per share dividend, payable Nov. 13
- ➤Federated Hermes repurchased 992,312 shares for $57.4 million
Expert Statements
J. Christopher Donahue, President and chief executive officer of Federated Hermes
“Federated Hermes generated positive net equity sales in the third quarter of 2026, including across our MDT suite of quantitative investment solutions. Assets in MDT institutional separate accounts and MDT subadvised accounts, as well as total equity assets, reached record highs.”
J. Christopher Donahue, President and chief executive officer of Federated Hermes
“We also continued to see demand for our alternative strategies, including our MDT Market Neutral offerings, with alternative/private markets fund assets reaching record highs.”
Federated Hermes, Inc. reports third quarter 2026 earnings PR Newswire
* Q3 2026 earnings per diluted share of $1.50 * Equity assets reach a record $110.5 billion * Board declares $0.38 per share dividend PITTSBURGH, Oct. 29, 2026 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, today reported earnings per diluted share (EPS) of $1.50 for Q3 2026, compared to EPS of $1.34 for the same quarter last year, on net income of $111.9 million for Q3 2026, compared to net income of $104.1 million for Q3 2025.
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