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Mar 31, 2020
Federated Hermes Q1 2020 Earnings Report
Federated Hermes reported EPS of $0.63 and net income of $64.2 million. Managed assets reached a record $605.8 billion.
Key Takeaways
Federated Hermes reported a strong first quarter, with EPS increasing to $0.63 compared to $0.54 in the same quarter last year. Net income also saw an increase, reaching $64.2 million. The company's managed assets hit a record high of $605.8 billion.
EPS for Q1 2020 was $0.63, up from $0.54 in Q1 2019.
Net income for Q1 2020 reached $64.2 million, compared to $54.5 million in Q1 2019.
Total managed assets reached a record $605.8 billion.
The board of directors declared a quarterly dividend of $0.27 per share.
Federated Hermes
Federated Hermes
Federated Hermes Revenue by Segment
Revenue by Segment
Investment advisory fees, net Revenue
CapyFin.comAdministrative service fees, net Revenue
CapyFin.comOther service fees, net Revenue
CapyFin.com Forward Guidance
Federated Hermes' level of business activity and financial results are dependent upon many factors, including market conditions, investment performance and investor behavior.
Revenue & Expenses
Visualization of income flow from segment revenue to net income