Federated hermes, inc. (FII)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenue
Revenue from Contract with Customer, Excluding Assessed Tax

1,326,894

1,135,677

1,102,924

1,143,371

926,609

859,250

878,365

945,706

895,114

951,943

1,175,950

1,223,680

Other, net

-

-

-

-

-

4,757

5,318

3,441

3,033

2,861

5,518

8,237

Operating Expenses
Compensation and Related

442,147

354,765

289,215

296,466

286,932

285,337

269,138

257,622

245,439

242,853

254,428

237,186

Systems and Communications

52,988

39,925

31,971

31,271

27,629

25,794

25,801

25,716

22,971

22,828

23,470

21,737

Professional Service Fees

43,714

42,903

29,064

29,443

31,250

30,216

37,082

18,925

53,737

18,980

38,133

40,301

Office and Occupancy

44,926

34,622

29,258

27,379

26,706

29,968

26,301

24,828

24,689

22,958

24,509

24,342

Advertising and Promotional

17,774

16,141

11,166

14,522

13,930

13,330

15,094

13,413

13,413

10,110

11,085

14,819

Travel and Related

16,645

15,594

12,646

13,228

13,409

13,219

13,671

12,838

12,174

11,461

11,374

14,048

Intangible asset related

-

-

-

-

-

-

-

-

7,915

22,511

32,574

18,388

Amortization of deferred sales commissions

-

-

-

-

-

-

-

-

-

-

-

31,376

Other

20,110

13,867

15,317

11,731

14,862

12,796

17,481

26,326

21,651

31,241

41,131

18,080

Total Operating Expenses

978,967

805,397

761,416

807,688

647,163

621,301

626,622

633,113

637,659

642,152

846,723

862,505

Operating Income

347,927

330,280

341,508

335,683

279,446

237,949

251,743

312,593

257,455

309,791

329,227

361,175

Nonoperating Income (Expenses)
Investment Income, net

4,450

5,985

7,236

7,256

5,056

6,071

6,590

6,756

4,827

3,330

1,037

4,492

Marketable Securities, Gain (Loss)

4,966

-4,357

8,072

2,108

-5,264

4,972

16,986

6,911

1,432

3,542

2,271

-3,242

Debt Expense

5,037

5,885

4,772

4,173

4,299

9,611

12,464

14,441

17,047

15,049

4,345

2,425

Debt expense-nonrecourse

-

-

-

-

-

-

-

-

-

-

-

2,750

Other, net

12,965

-29,849

-42

60

-33

-29

-3,840

-3,308

-296

-494

-1,372

-457

Total Nonoperating Income (Expenses), net

17,344

-34,106

10,494

5,251

-4,540

1,403

7,272

-4,082

-11,084

-8,671

-2,409

-4,382

Income Before Income Taxes

365,271

296,174

352,002

340,934

274,906

239,352

259,015

308,511

246,371

301,120

326,818

356,793

Income Tax Provision

88,146

73,875

57,101

119,420

102,920

89,530

92,660

110,883

91,288

111,957

118,278

128,168

Income from continuing operations including noncontrolling interest in subsidiaries

-

-

-

-

-

-

-

-

-

-

-

228,625

Discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

2,808

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

277,125

222,299

294,901

221,514

171,986

149,822

166,355

197,628

155,083

189,163

208,540

231,433

Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries

4,786

2,002

3,560

12,595

2,179

586

4,178

9,540

4,177

10,049

11,248

7,116

Net Income

272,339

220,297

291,341

208,919

169,807

149,236

162,177

188,088

150,906

179,114

197,292

224,317

Amounts Attributable to Federated Hermes, Inc.
Earnings Per Common Share—Basic and Diluted (usd per share)

2.69

2.18

2.87

2.03

1.62

1.42

1.55

1.79

1.45

1.73

-

-

Cash Dividends Per Share (usd per share)

1.08

1.06

1.00

2.00

1.00

1.00

0.98

2.47

0.96

2.22

0.96

3.69

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

221,509

Discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

2,808

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

2.17

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

0.03

Earnings Per Share, Basic

-

-

-

-

-

-

-

-

-

-

1.93

2.20

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

2.15

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

0.03

Earnings Per Share, Diluted

-

-

-

-

-

-

-

-

-

-

1.92

2.18

Investment Advisory Fees, net—Affiliates
Revenue from Contract with Customer, Excluding Assessed Tax

685,849

585,832

591,112

654,224

526,564

461,919

486,798

560,978

524,779

579,159

691,170

711,914

Investment Advisory Fees, net—Other
Revenue from Contract with Customer, Excluding Assessed Tax

221,756

187,586

140,558

112,601

99,761

95,399

84,154

69,856

61,561

60,245

58,653

63,467

Administrative Service [Member]
Revenue from Contract with Customer, Excluding Assessed Tax

245,887

199,269

188,814

211,646

211,458

213,136

222,487

225,529

220,356

215,643

261,610

218,735

Other Service Fees, net—Affiliates
Revenue from Contract with Customer, Excluding Assessed Tax

161,421

156,935

176,397

160,024

84,444

73,137

66,998

74,103

73,343

82,476

148,586

213,914

Other Service Fees, net—Other
Revenue from Contract with Customer, Excluding Assessed Tax

11,981

6,055

6,043

4,876

4,382

10,902

12,610

11,799

12,042

11,559

10,413

7,413

Distribution
Total Revenue

151,106

146,595

-

-

-

-

-

-

-

-

-

-

Distribution

340,663

287,580

342,779

383,648

232,445

210,641

222,054

253,445

235,670

259,210

410,019

442,228