GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (FRA:3KC) » Definitions » Cash Receipts from Deposits by Banks and Customers

Federated Hermes (FRA:3KC) Cash Receipts from Deposits by Banks and Customers


View and export this data going back to 2008. Start your Free Trial

What is Federated Hermes Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Federated Hermes Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (FRA:3KC) » Definitions » Cash Receipts from Deposits by Banks and Customers
Traded in Other Exchanges
Address
1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779
Federated Hermes provides asset-management services for institutional and individual investors. The firm had $840 billion in managed assets at the end of March 2025, composed of equity (10%), multi-asset (less than 1%), fixed-income (12%), alternative (2%), and money market (76%) funds. The firm's cash-management operations are expected to generate around 54% of Federated's revenue this year, compared with 29%, 12%, and 6%, respectively, for the equity, fixed-income, and alternatives/multi-asset operations. The company's products are distributed via trust banks, wealth managers, and retail broker/dealers (67% of AUM), institutional investors (26%), and international clients (7%).