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Federated Hermes: Q1 Earnings Snapshot

  • Federated Hermes reported first quarter 2025 earnings on April 24, 2025, from Pittsburgh.
  • Strong inflows into money market funds and separate accounts contributed to the results.
  • Results included a $12.9 million decrease in other operating expense from a UK VAT refund.
  • "For the 10th consecutive quarter," assets reached a record $839.8 billion, said CEO J. Christopher Donahue.
  • The board declared a quarterly dividend increase of 9.7% to $0.34 per share payable May 15, 2025.
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Federated Hermes, Inc. reports record assets under management with first quarter 2025 earnings

Total assets under management reach a record $839.8 billionMoney market assets reach a record $637.1 billionQ1 2025 earnings per diluted share of $1.25Quarterly dividend increased by 9.7% to $0.34 per share

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Charleston Gazette-Mail broke the news in Charleston, United States on Thursday, April 24, 2025.
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