Federated Hermes, Inc. FII Income Statement

Federated hermes, inc. (FII)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenue
Revenue from Contract with Customer, Excluding Assessed Tax
1,379,027	1,326,894	1,276,085	1,244,361	1,178,875	1,135,677	1,106,773	1,076,472	1,093,275	1,102,924	1,114,516	1,130,821	1,144,763	1,143,371	1,097,106	1,036,807	978,196	926,609	900,828	883,422	868,276	859,250	856,113	851,064	861,889	878,365	908,469	935,071	943,397	945,706	917,288	892,868	886,513	895,114	924,023	952,148	957,855	951,943	1,000,230	1,064,951	0	0	0
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,693	3,587	3,648	-	4,453	4,839	5,020	4,757	4,393	5,226	5,165	5,318	5,221	3,914	3,504	3,441	3,723	3,574	3,437	3,033	2,609	2,556	2,469	2,861	3,549	3,926	0	0	0
Operating Expenses
Compensation and Related
446,266	442,147	429,863	420,708	387,607	354,765	327,602	296,964	294,187	289,215	285,966	289,243	293,098	296,466	296,596	291,489	287,204	286,932	290,223	290,323	290,076	285,337	281,902	276,798	273,960	269,138	263,623	263,134	260,494	257,622	255,031	247,830	245,108	245,439	241,203	244,660	242,853	242,853	248,701	250,923	0	0	0
Distribution
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Systems and Communications
55,090	52,988	49,786	48,646	44,286	39,925	36,110	31,889	32,179	31,971	32,134	31,905	31,631	31,271	30,491	29,412	28,624	27,629	27,306	27,014	26,260	25,794	25,648	25,720	25,582	25,801	25,275	25,343	26,029	25,716	25,455	24,748	23,702	22,971	22,962	22,499	22,649	22,828	23,055	23,544	0	0	0
Professional Service Fees
46,496	43,714	41,904	44,761	43,758	42,903	41,366	34,779	31,617	29,064	29,699	30,111	27,640	29,443	28,146	28,609	32,249	31,250	28,704	28,825	29,717	30,216	33,743	35,503	36,619	37,082	34,390	16,822	17,461	18,925	21,943	39,244	37,860	53,737	53,554	53,518	35,086	18,980	19,685	20,061	0	0	0
Office and Occupancy
45,335	44,926	43,667	42,144	38,443	34,622	31,690	29,651	29,447	29,258	28,962	28,329	27,843	27,379	26,814	26,706	26,741	26,706	27,641	29,330	29,906	29,968	29,280	27,527	26,784	26,301	25,811	25,431	25,007	24,828	24,734	24,828	24,741	24,689	24,403	24,042	22,863	22,958	22,991	22,797	0	0	0
Advertising and Promotional
18,579	17,774	18,163	18,563	17,103	16,141	13,738	11,581	11,439	11,166	12,166	13,192	14,035	14,522	14,396	14,335	13,901	13,930	13,946	13,907	13,362	13,330	13,430	14,134	15,111	15,094	14,943	14,527	13,907	13,413	13,326	13,654	13,179	13,413	12,520	11,357	11,116	10,110	10,009	10,344	0	0	0
Travel and Related
15,956	16,645	17,093	17,557	16,621	15,594	14,462	13,098	12,533	12,646	12,651	12,558	13,256	13,228	13,661	13,679	13,556	13,409	13,267	13,112	13,117	13,219	13,535	13,851	13,846	13,671	13,401	12,970	12,773	12,838	12,674	12,570	12,487	12,174	11,956	11,839	11,470	11,461	10,321	10,501	0	0	0
Intangible asset related
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,885	3,349	4,156	7,915	12,660	14,794	22,476	22,511	20,476	21,060	0	0	0
Amortization of deferred sales commissions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Other
22,332	20,110	21,322	21,033	16,845	13,867	14,140	11,368	13,549	15,317	13,285	11,982	12,733	11,731	11,325	11,209	13,627	14,862	15,406	15,328	12,557	12,796	6,671	11,133	14,787	17,481	29,112	28,761	27,310	26,326	23,072	21,205	21,307	21,651	33,341	32,591	32,621	31,241	19,143	19,104	0	0	0
Total Operating Expenses
1,009,245	978,967	942,995	918,680	857,377	805,397	773,613	736,520	749,869	761,416	779,020	795,379	805,862	807,688	769,360	723,453	683,233	647,163	636,633	632,643	627,934	621,301	620,040	618,061	621,700	626,622	633,291	627,618	632,952	633,113	626,027	624,629	615,211	637,659	649,397	669,445	663,374	642,152	674,738	726,482	0	0	0
Operating Income
369,782	347,927	333,090	325,681	321,498	330,280	333,160	339,952	343,406	341,508	335,496	335,442	338,901	335,683	327,746	313,354	294,963	279,446	264,195	250,779	240,342	237,949	236,073	233,003	240,189	251,743	275,178	307,453	310,445	312,593	291,261	268,239	271,302	257,455	274,626	282,703	294,481	309,791	325,492	338,469	0	0	0
Nonoperating Income (Expenses)
Investment Income, net
4,809	4,450	3,964	3,872	5,115	5,985	7,022	7,973	7,484	7,236	7,396	7,364	7,335	7,256	6,383	5,769	5,485	5,056	5,113	5,103	5,515	6,071	6,675	6,849	6,755	6,590	7,138	7,183	6,995	6,756	5,890	5,460	5,087	4,827	4,477	4,504	4,082	3,330	2,291	1,548	0	0	0
Marketable Securities, Gain (Loss)
-12,553	4,966	-951	-104	-1,496	-4,357	-127	1,279	4,328	8,072	6,017	6,382	3,579	2,108	2,816	-3,508	-3,919	-5,264	-4,537	-684	2,805	4,972	10,133	16,164	16,006	16,986	12,691	9,353	7,754	6,911	5,974	1,427	706	1,432	3,221	8,940	6,576	3,542	2,287	-235	0	0	0
Debt Expense
4,568	5,037	5,493	5,856	5,955	5,885	5,601	5,249	5,000	4,772	4,589	4,378	4,216	4,173	4,091	4,031	3,985	4,299	5,114	6,297	8,172	9,611	10,819	11,735	12,023	12,464	12,974	13,430	13,983	14,441	14,797	15,235	16,122	17,047	18,037	19,023	19,065	15,049	11,309	7,497	0	0	0
Other, net
20,986	12,965	4,784	-1,240	-29,382	-29,849	-26,887	-29,126	-185	-42	16	34	65	60	15	-12	-25	-33	-51	-47	-37	-29	-651	-3,780	-3,805	-3,840	-6,317	-3,213	-3,311	-3,308	-298	-352	-309	-296	-376	-358	-339	-494	-725	-994	0	0	0
Total Nonoperating Income (Expenses), net
8,674	17,344	2,304	-3,328	-31,718	-34,106	-25,593	-25,123	6,627	10,494	8,840	9,402	6,763	5,251	5,123	-1,782	-2,444	-4,540	-4,589	-1,925	111	1,403	5,338	7,498	6,933	7,272	538	-107	-2,545	-4,082	-3,231	-8,700	-10,638	-11,084	-10,715	-5,937	-8,746	-8,671	-7,456	-7,178	0	0	0
Income Before Income Taxes
378,456	365,271	335,394	322,353	289,780	296,174	307,567	314,829	350,033	352,002	344,336	344,844	345,664	340,934	332,869	311,572	292,519	274,906	259,606	248,854	240,453	239,352	241,411	240,501	247,122	259,015	275,716	307,346	307,900	308,511	288,030	259,539	260,664	246,371	263,911	276,766	285,735	301,120	318,036	331,291	0	0	0
Income Tax Provision
92,677	88,146	81,726	80,276	72,876	73,875	14,926	26,941	46,153	57,101	124,180	123,021	122,082	119,420	119,415	112,890	107,992	102,920	97,185	93,310	89,858	89,530	89,016	87,736	89,810	92,660	99,583	110,649	109,991	110,883	103,733	94,915	96,228	91,288	98,822	102,134	105,713	111,957	117,216	122,451	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
285,779	277,125	253,668	242,077	216,904	222,299	292,641	287,888	303,880	294,901	220,156	221,823	223,582	221,514	213,454	198,682	184,527	171,986	162,421	155,544	150,595	149,822	152,395	152,765	157,312	166,355	176,133	196,697	197,909	197,628	184,297	164,624	164,436	155,083	165,089	174,632	180,022	189,163	200,820	208,840	0	0	0
Less: Net Income (Loss) Attributable to the Noncontrolling Interests in Subsidiaries
3,808	4,786	1,900	3,663	2,392	2,002	2,070	486	1,849	3,560	4,783	7,964	10,465	12,595	12,767	8,789	5,584	2,179	611	305	246	586	1,701	1,927	2,935	4,178	5,447	7,942	9,152	9,540	8,847	6,627	4,436	4,177	4,724	9,531	9,684	10,049	11,121	8,923	0	0	0
Net Income
281,971	272,339	251,768	238,414	214,512	220,297	290,571	287,402	302,031	291,341	215,373	213,859	213,117	208,919	200,687	189,893	178,943	169,807	161,810	155,239	150,349	149,236	150,694	150,838	154,377	162,177	170,686	188,755	188,757	188,088	175,450	157,997	160,000	150,906	160,365	165,101	170,338	179,114	189,699	199,917	0	0	0
Amounts Attributable to Federated Hermes, Inc.
Earnings Per Common Share—Basic and Diluted (usd per share)
0.63	0.81	0.72	0.62	0.54	0.61	0.59	0.38	0.60	1.29	0.56	0.53	0.49	0.54	0.54	0.51	0.44	0.45	0.42	0.40	0.35	0.37	0.36	0.35	0.34	0.39	0.36	0.39	0.41	0.45	0.54	0.39	0.41	0.35	0.37	0.41	0.32	0.47	0.42	0.46	0.38	0.56	0.52
Cash Dividends Per Share (usd per share)
0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.27	0.25	0.25	0.25	0.25	0.25	1.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.24	0.24	1.75	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	1.50	0.24	0.24
Total net income attributable to Federated Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Investment Advisory Fees, net—Affiliates
Revenue from Contract with Customer, Excluding Assessed Tax
713,480	685,849	658,080	641,978	606,208	585,832	573,865	563,750	578,424	591,112	606,700	626,615	647,366	654,224	631,556	595,798	559,306	526,564	504,235	486,788	471,517	461,919	458,458	454,403	467,107	486,798	518,729	548,850	559,587	560,978	537,366	518,688	513,948	524,779	551,549	576,090	584,099	579,159	603,225	635,921	0	0	0
Investment Advisory Fees, net—Other
Revenue from Contract with Customer, Excluding Assessed Tax
223,586	221,756	219,883	220,915	204,143	187,586	171,708	149,673	146,194	140,558	133,888	126,340	118,930	112,601	106,646	104,049	102,307	99,761	99,237	98,872	97,267	95,399	93,325	90,917	88,175	84,154	80,985	76,547	72,662	69,856	64,880	62,651	62,151	61,561	61,740	61,583	60,401	60,245	61,017	58,295	0	0	0
Administrative Service [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
263,951	245,887	228,340	213,979	204,381	199,269	196,299	193,905	191,136	188,814	191,228	197,344	204,874	211,646	213,742	213,440	211,914	211,458	211,324	210,293	211,426	213,136	215,063	217,871	220,386	222,487	224,505	225,332	225,065	225,529	224,987	224,036	223,600	220,356	217,936	216,093	213,442	215,643	226,500	240,929	0	0	0
Other Service Fees, net—Affiliates
Revenue from Contract with Customer, Excluding Assessed Tax
164,258	161,421	157,469	155,391	154,982	156,935	160,591	166,084	173,002	176,397	179,734	176,896	169,285	160,024	140,634	119,228	100,421	84,444	77,454	76,241	74,315	73,137	71,895	69,675	68,352	66,998	66,766	68,415	70,649	74,103	74,686	72,231	71,551	73,343	78,107	83,839	85,633	82,476	94,534	114,542	0	0	0
Other Service Fees, net—Other
Revenue from Contract with Customer, Excluding Assessed Tax
13,752	11,981	12,313	12,098	9,161	6,055	4,310	3,060	4,519	6,043	5,914	5,518	5,199	4,876	4,751	4,621	4,516	4,382	4,125	6,389	8,731	10,902	12,979	12,972	12,704	12,610	12,263	12,013	11,930	11,799	11,646	11,688	11,826	12,042	12,082	11,987	11,811	11,559	11,405	11,338	0	0	0
Distribution
Total Revenue
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution
-	-	321,197	305,268	-	287,580	294,505	307,190	324,918	342,779	364,157	378,059	385,626	383,648	347,931	308,014	267,331	232,445	220,140	214,804	212,939	210,641	215,831	213,395	215,011	222,054	228,378	241,473	249,992	253,445	246,907	237,201	232,671	235,670	246,071	260,431	265,412	259,210	285,980	331,798	0	0	0