Federated Hermes (FHI) reported strong financial results for the nine months ended September 30, 2025, driven by robust growth in managed assets and effective operating leverage. Total Revenue increased to \(1.32 billion (up 9% YoY), and Net Income surged to \)296.3 million (from \(183.6 million prior), pushing Diluted EPS to \)3.75 (up from \(2.20). Operating Income rose 51% to \)378.3 million, partially due to a sharp reduction in intangible asset related expenses (\(10.3M vs. \)76.1M). Total Managed Assets (AUM) reached \(871.2 billion, with Money Market AUM growing 10% to \)652.8 billion.
**Capital
...