|
|
|
|
|
||||||||||||
|
|
|
|
|
|
|
|
Valuation Estimation |
EPS (Current/Estimated)
3.16/4.07
|
Enterprise Value
3.82B
|
Balance Sheet |
Book Value Per Share
13.24
|
Cash Flow |
Cash Flow Yield
0.11
|
Income Statement |
Total Revenue
1.61B
|
Operating Revenue Per Share
19.46
|
Industry Comparison
|
||||||||||||||||||||||||||||||||||||||||||||||||
|
Quotes are at least 15-min delayed:2024/12/26 15:57 EST
Industry overview quotes are at least 15 minutes delayed
Business Description
|
|||
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $800 billion in managed assets at the end of September 2024, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (3%), and money market (74%) funds. The firm's cash-management operations are expected to generate around 51% of Federated's revenue this year, compared with 29%, 12%, and 7%, respectively, for the equity, fixed-income, andalternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (65% of AUM), institutional investors (26%), and international clients (9%). |