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Dec 31, 2019
Federated Hermes Q4 2019 Earnings Report
Federated Hermes reported an increase in EPS and net income for Q4 2019, driven by higher average money market and equity assets.
Key Takeaways
Federated Hermes reported Q4 2019 EPS of $0.81, compared to $0.61 for the same quarter last year, and net income of $82.1 million, compared to $61.5 million for Q4 2018. Total managed assets reached a record $575.9 billion. The board declared a $0.27 per share quarterly dividend.
Q4 2019 EPS was $0.81, up from $0.61 in the same quarter last year.
Net income for Q4 2019 increased to $82.1 million, compared to $61.5 million in Q4 2018.
Total assets under management reached a record $575.9 billion.
The board declared a quarterly dividend of $0.27 per share.
Federated Hermes
Federated Hermes
Federated Hermes Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income