Federated Hermes Q2 FY26 EPS rises 19% to $1.38; revenue increases 18% to $502.78 million
FHI•Assets reach record levels
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.
Q2 earnings and revenue rise
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; the FCP acquisition added $13.9 million.
Dividend and business updates
The 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.
