OverviewSuggest Edit

Federated Hermes (previously known as Federated Investors) is an investment management company. It provides financial services, including equity, fixed income and money market products. The company serves banks, trust departments, investment companies. 

TypePublic
Founded1955
HQPittsburgh, PA, US
Websitefederatedinvestors.com
Employee Ratings3.5
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)1,826(-2%)
Revenue (FY, 2019)$1.3 B(+17%)
Share Price (Feb 2021)$28.4 (+2%)
Cybersecurity ratingAMore

Key People/Management at Federated Hermes

Christopher Donahue

Christopher Donahue

Director
Joseph Bartolacci

Joseph Bartolacci

Director
Brian Ronayne

Brian Ronayne

Senior Vice President, National Sales Manager
Mark Weiss

Mark Weiss

Vice President, Senior Portfolio Manager
Gordon Ceresino

Gordon Ceresino

Vice Chairman
Scott Holick

Scott Holick

Vice President, Institutional Cash and Capital Markets
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Federated Hermes Office Locations

Federated Hermes has offices in Pittsburgh and Dublin 1
Pittsburgh, PA, US (HQ)
1001 Liberty Ave
Dublin 1, IE
Guild St, Dublin Docklands
Show all (2)

Federated Hermes Financials and Metrics

Federated Hermes Revenue

Federated Hermes's revenue was reported to be $1.33 b in FY, 2019
USD

Revenue (Q3, 2020)

203.0m

Market capitalization (5-Feb-2021)

2.8b

Closing stock price (5-Feb-2021)

28.4

Cash (30-Sept-2020)

322.8m

EV

2.7b
Federated Hermes's current market capitalization is $2.8 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

951.9m895.1m945.7m1.1b1.1b1.1b1.3b

Revenue growth, %

23%(4%)3%

Sales and marketing expense

10.1m13.4m13.4m14.5m11.2m16.1m17.8m

R&D expense

22.8m23.0m25.7m53.0m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

231.5m242.2m238.9m225.8m214.0m230.3m232.1m238.5m228.0m223.8m321.5m340.3m359.2m360.7m203.0m

Sales and marketing expense

2.6m2.7m3.2m2.8m3.9m2.9m3.3m3.6m3.4m3.9m4.7m4.1m5.0m3.1m

R&D expense

5.9m5.4m5.6m5.7m5.8m6.3m6.8m6.5m6.6m6.1m12.1m13.4m14.9m15.1m

Operating expense total

8.5m8.1m8.7m8.6m9.7m9.2m10.1m10.1m10.0m10.0m16.8m17.5m116.1m107.2m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2016FY, 2017FY, 2018FY, 2019

Cash

198.8m49.3m67.6m104.8m316.3m156.8m249.2m

Accounts Receivable

9.6m21.5m24.1m44.8m53.5m60.1m64.5m

Prepaid Expenses

15.9m17.4m13.0m10.0m11.7m16.5m16.7m

Current Assets

373.2m366.5m300.1m359.8m437.3m304.1m461.3m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

179.1m150.9m188.1m221.5m294.9m222.3m277.1m

Depreciation and Amortization

21.1m14.4m10.4m9.6m10.6m17.1m25.9m

Accounts Payable

(14.2m)(4.0m)7.7m6.0m(9.2m)(96.2m)30.9m

Cash From Operating Activities

215.9m113.5m316.3m252.8m270.4m206.3m334.9m
USDQ2, 2010

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.5 x
Show all financial metrics

Federated Hermes Operating Metrics

Federated Hermes's Assets Under Management was reported to be $459.9b in FY, 2018.
FY, 2016FY, 2017FY, 2018

Clients

8.50 k8.50 k9.50 k

Total Federated Funds

124 108 130

Assets Under Management

$365.90 b$397.60 b$459.90 b

Money Market Funds

38 29 28
Show all operating metrics

Federated Hermes Acquisitions / Subsidiaries

Company NameDateDeal Size
Federated Administrative Services
Federated Advisory Services Company
Federated Asset Management GmbH
Federated Equity Management Company of Pennsylvania
Federated Global Holdings LLC
Federated Global Investment Management Corp.
Federated Holdings (UK) Limited
Federated International Europe GmbH
Federated International Holdings B.V.
Federated International Management Limited
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Federated Hermes Revenue Breakdown

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Federated Hermes revenue breakdown by business segment: 68.1% from Investment Advisory Fees, 14.4% from Other Service Fees and 17.5% from Administrative Service Fees

Federated Hermes revenue breakdown by geographic segment: 88.6% from U.S. and 11.4% from Non-U.S.

Federated Hermes Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Federated Hermes Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Federated Hermes Online and Social Media Presence

Embed Graph

Federated Hermes Company Culture

  • Overall Culture

    D-

    54/100

  • CEO Rating

    F

    30/100

  • Compensation

    D

    55/100

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Federated Hermes News and Updates

Federated Hermes, Inc. launches two new microshort funds

PITTSBURGH, Feb. 3, 2021 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced the launch of Federated Hermes Conservative Microshort Fund and Federated Hermes Conservative Municipal Microshort Fund. The actively managed...

Federated Hermes, Inc. announces fourth quarter and year-end 2020 earnings and conference call dates

PITTSBURGH, Jan. 7, 2021 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, will report financial and operating results for the quarter and year ended Dec. 31, 2020 after the market closes on Thursday, Jan. 28, 2021. A conference call for...

Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

PITTSBURGH, Oct. 15, 2020 /PRNewswire/ -- Federated Hermes, Inc. today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of Sept. 30, 2020, is now available in the Products section of FederatedInvestors.com. To...

Envestnet | PMC Teams with Federated Hermes to Bring Suite of Diversified, Risk-Managed ESG Integrated Models to Advisors

CHICAGO, Oct. 13, 2020 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces that Envestnet | PMC (PMC) has joined forces with Federated Hermes, Inc. (NYSE: FHI) to launch the Federated Hermes PMC Impact Portfolios. This new suite of model portfolios offers access to environmental,...

Federated Hermes Premier Municipal Income Fund Reports Semi-Annual Earnings

PITTSBURGH, July 31, 2020 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) today announced earnings for the six-month period ended May 31, 2020. Established in 2002, the fund seeks to provide investors with income that is exempt from federal income tax, including...

Month-End Portfolio Data Now Available for Federated Hermes Premier Municipal Income Fund

PITTSBURGH, July 15, 2020 /PRNewswire/ -- Federated Hermes, Inc. today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of June 30, 2020, is now available in the Products section of FederatedInvestors.com. To...
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Federated Hermes Frequently Asked Questions

  • When was Federated Hermes founded?

    Federated Hermes was founded in 1955.

  • Who are Federated Hermes key executives?

    Federated Hermes's key executives are Christopher Donahue, Joseph Bartolacci and Brian Ronayne.

  • How many employees does Federated Hermes have?

    Federated Hermes has 1,826 employees.

  • What is Federated Hermes revenue?

    Latest Federated Hermes annual revenue is $1.3 b.

  • What is Federated Hermes revenue per employee?

    Latest Federated Hermes revenue per employee is $726.7 k.

  • Who are Federated Hermes competitors?

    Competitors of Federated Hermes include Bridgewater Associates, Legg Mason and Ares Management.

  • Where is Federated Hermes headquarters?

    Federated Hermes headquarters is located at 1001 Liberty Ave, Pittsburgh.

  • Where are Federated Hermes offices?

    Federated Hermes has offices in Pittsburgh and Dublin 1.

  • How many offices does Federated Hermes have?

    Federated Hermes has 2 offices.