Financial Performance - Net income for Q2 2025 was $151.4 million, or $0.26 per diluted share, down 7% from the previous quarter and up 22% year-over-year[3]. - Adjusted net income decreased by 21% to $254.4 million, with adjusted diluted earnings per share at $0.47, a 20% decline from the previous quarter[3]. - Operating revenues for the quarter were $2,111.4 million, a 6% decrease from the previous quarter[8]. - Total operating revenues for the three months ended March 31, 2025, were $2,111.4 million, a decrease of 2% compared to $2,152.8 million in the same period of 2024[14]. - Investment management fees decreased by 2% to $1,673.6 million for the three months ended March 31, 2025, compared to $1,713.9 million in the same period of 2024[14]. - Net income attributable to Franklin Resources, Inc. was $151.4 million for the three months ended March 31, 2025, representing a 22% increase from $124.2 million in the same period of 2024[14]. - Earnings per share (EPS) for the three months ended March 31, 2025, were $0.26, up 13% from $0.23 in the same period of 2024[14]. - Operating income increased by 13% to $145.6 million for the three months ended March 31, 2025, compared to $129.3 million in the same period of 2024[14]. - Total operating expenses decreased by 3% to $1,965.8 million for the three months ended March 31, 2025, compared to $2,023.5 million in the same period of 2024[14]. - Compensation and benefits expenses decreased by 11% to $920.0 million for the three months ended March 31, 2025, compared to $1,028.2 million in the same period of 2024[14]. - The operating margin improved to 6.9% for the three months ended March 31, 2025, compared to 6.0% in the same period of 2024[14]. - Dividends declared per share increased by 3% to $0.32 for the three months ended March 31, 2025, compared to $0.31 in the same period of 2024[14]. - Adjusted operating income for the three months ended March 31, 2025, was $377.2 million, compared to $412.8 million for the previous quarter and $419.6 million for the same period last year[26]. - Total operating revenues for the three months ended March 31, 2025, were $2,111.4 million, down from $2,251.6 million in the previous quarter and $2,152.8 million in the same period last year[26]. - Adjusted net income for the three months ended March 31, 2025, was $254.4 million, compared to $320.5 million in the previous quarter and $306.6 million in the same period last year[27]. - Diluted earnings per share for the three months ended March 31, 2025, were $0.26, down from $0.29 in the previous quarter and $0.23 in the same period last year[27]. - Adjusted diluted earnings per share for the three months ended March 31, 2025, were $0.47, compared to $0.59 in the previous quarter and $0.56 in the same period last year[27]. - The company reported an operating margin of 6.9% for the three months ended March 31, 2025, compared to 9.7% in the previous quarter and 6.0% in the same period last year[26]. - The adjusted operating margin for the three months ended March 31, 2025, was 23.4%, down from 24.5% in the previous quarter and 25.2% in the same period last year[26]. Assets Under Management (AUM) - Total Assets Under Management (AUM) was $1,540.6 billion, a decrease of $35.1 billion during the quarter, primarily due to $26.2 billion in long-term net outflows[8]. - The company's beginning AUM for the three months ended March 31, 2025, was $1,575.7 billion, compared to $1,455.5 billion for the same period in 2024, reflecting a year-over-year increase of 8.2%[16]. - Long-term inflows for the three months ended March 31, 2025, were $86.8 billion, up from $84.9 billion in the same period of 2024, indicating a growth of 2.2%[16]. - Long-term outflows increased significantly to $113.0 billion for the three months ended March 31, 2025, compared to $78.0 billion in the same period of 2024, representing a rise of 44.9%[16]. - The total net flows for the three months ended March 31, 2025, were negative at $(23.5) billion, contrasting with positive net flows of $2.1 billion in the same period of 2024[16]. - The ending AUM as of March 31, 2025, was $1,540.6 billion, down 2.2% from $1,575.7 billion at the end of December 2024[17]. - The average AUM for the three months ended March 31, 2025, was $1,570.5 billion, a decrease of 4% from $1,634.5 billion in the previous quarter[17]. - The AUM by asset class showed a decline in equity AUM to $598.1 billion, down 4% from $620.0 billion at the end of December 2024[17]. - The AUM in fixed income also decreased by 5% to $446.0 billion from $469.5 billion at the end of December 2024[17]. - Cash management AUM increased by 9% to $68.9 billion, up from $63.4 billion at the end of December 2024[17]. - The total AUM in the United States was $1,071.3 billion, a decrease of 3% from $1,102.5 billion at the end of December 2024[18]. - As of March 31, 2025, the company had $1.54 trillion in assets under management (AUM)[29]. Business Operations - Long-term inflows increased by 9% quarter-over-quarter, with multi-asset and alternatives generating $9.7 billion in positive net flows[3]. - The ETF business achieved $4.1 billion in positive net flows, marking the 14th consecutive quarter of growth[3]. - Fundraising in alternatives generated $6.8 billion, with private market assets totaling $6.1 billion, including the launch of the Franklin Lexington Private Markets Fund[4]. - The institutional pipeline of won-but-unfunded mandates rose by $2.3 billion to $20.4 billion, the highest level since 2022[3]. - Cash and cash equivalents were $5.0 billion, with total stockholders' equity at $13.2 billion[9]. - The company repurchased 0.5 million shares for a total cost of $10.0 million during the quarter[9]. - The company serves clients in over 150 countries, leveraging its expertise in equity, fixed income, alternatives, and multi-asset solutions[29]. - The company has over 1,500 investment professionals and more than 75 years of investment experience[29].

AUM and Flows - Ending AUM decreased to $1.54 trillion, a 2.2% decrease compared to the prior quarter and a 6.3% decrease compared to the prior year[8, 50] - Long-term net outflows were $26.2 billion[7] - Excluding Western Asset Management, long-term net inflows were $7.4 billion[7] - Alternatives fundraised $6.8 billion, with $6.1 billion in private market assets[7] - ETF experienced $4.1 billion of net flows, reaching a record high AUM of $37.0 billion[7] Financial Performance - Adjusted revenue was $1.61 billion, a 4% decrease compared to the prior quarter and a 3% decrease compared to the prior year[8, 55] - Adjusted operating income was $377.2 million, a 8.6% decrease from the prior quarter and a 10.1% decrease from the prior year[8, 39] - Adjusted net income was $254.4 million, a 20.6% decrease from the prior quarter and a 17% decrease from the prior year[8, 39] - Adjusted diluted EPS was $0.47, a 20.3% decrease from the prior quarter and a 16.1% decrease from the prior year[8, 39] - Adjusted effective fee rate was 38.3 bps, compared to 37.2 bps in the prior quarter and 38.5 bps in the prior year[8, 10] Capital Management - Total cash and investments were $6.1 billion as of March 31, 2025[48]

In collaboration with Franklin Templeton, the programme will enable crypto and tokenised money market funds as collateral. The programme will see leading institutions, such as Brevan Howard Digital, onboard onto this pioneering programme. DUBAI, UAE, April 10, 2025 /PRNewswire/ -- Standard Chartered and OKX, a leading cryptocurrency exchange and global onchain technology company, today announced the launch of a ground-breaking, world-leading collateral mirroring programme, enabling institutional clients to ...

Group 1 - Franklin Resources, Inc. (BEN) reported preliminary assets under management (AUM) of $1.53 trillion as of March 31, 2025, reflecting a 2.4% decrease from the previous month due to negative market impacts and long-term net outflows of $4 billion [1] - The breakdown of BEN's AUM shows equity assets at $597.6 billion, down 4.4% from the prior month, fixed income AUM at $445.4 billion, declining 1.7%, and alternative AUM slightly increasing to $250.9 billion [2] - Multi-asset AUM was reported at $177.2 billion, a nearly 1% decrease, while cash management balance fell 6% to $62.5 billion [2] Group 2 - March was a challenging month for BEN due to negative market conditions and long-term net outflows; however, the increase in alternative AUM and efforts for inorganic growth provided some support to its financials [3] - Over the past six months, BEN shares have decreased by 5.3%, compared to a 10.8% decline in the industry [3]

WILMINGTON, Del., April 01, 2025 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI), an innovator in AI-driven customer engagement solutions, today announced that CEO Paul Chang, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on April 3, 2025 DATE: April 3, 2025 TIME: 1:00 PM LINK: REGISTER HERE Available for 1x1 meetings: April 3rd, 4th, and 7th This will be a live, interactive online event where investors are invited to as ...

Dividend Kings are companies that have not only been around for a long time, but also paid a dividend for a long time, at least 50 years to be exact. Currently, 54I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with the Seeking Alpha community.Analyst’ ...

WILMINGTON, Del., March 12, 2025 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI), an innovator in AI-driven customer engagement solutions, has announced its support for California Assembly Member Carl DeMaio’s proposed AI data privacy legislation. This bill, which aims to secure the privacy of California residents, would require businesses to obtain explicit consent before sharing or storing user data outside the United States. As AI adoption accelerates across industries, the need fo ...

Core Viewpoint - Franklin Resources, Inc. (BEN) reported preliminary assets under management (AUM) of $1.58 trillion as of February 28, 2025, reflecting a marginal decrease from the prior month due to long-term net outflows of $10 billion, including previously disclosed outflows at Western Asset Management [1] AUM Breakdown by Asset Class - Equity assets amounted to $623.4 billion, down 2% from the previous month [2] - Fixed income AUM was $455.6 billion, showing a marginal decline from the prior month [2] - Alternative AUM decreased marginally to $249.3 billion [2] - Multi-asset AUM rose to $179.9 billion, an increase of 1.8% from January 2025 [2] - Cash management balance increased to $68.8 billion, up 11.1% from the previous month [2] Company Performance and Market Context - February was challenging for Franklin due to fewer days and long-term net outflows; however, increased cash management and multi-asset AUM, along with efforts for inorganic growth, supported its financials [3] - Over the past six months, BEN shares gained 3.1%, compared to the industry's 9% rise [3] Performance of Other Asset Managers - AllianceBernstein Holding L.P. (AB) and Victory Capital Holdings, Inc. (VCTR) are set to release their February AUM results soon, both carrying a Zacks Rank 3 (Hold) [5] - The consensus estimate for VCTR's 2025 earnings has been revised downward by 1.3% over the past week, with shares rising 15.4% in the past six months [5] - The consensus estimate for AB's 2025 earnings has been revised marginally upward, with the stock witnessing a 14.6% rise in the past six months [6]

Franklin Resources, Inc. First Quarter 2025 Results January 31, 2025 | Investor Presentation Jenny Johnson President Chief Executive Officer Matthew Nicholls Executive Vice President Chief Financial Officer Chief Operating Officer Adam Spector Executive Vice President Head of Global Distribution Forward-looking statements and non-GAAP financial information This commentary contains forward-looking statements that involve a number of known and unknown risks, uncertainties and other important factors. This com ...

Core Viewpoint - Franklin Resources Inc. reported first-quarter fiscal 2025 adjusted earnings of 59 cents per share, exceeding the Zacks Consensus Estimate of 53 cents, but down from 65 cents in the prior year [1][2] Financial Performance - Total operating revenues increased by 13% year over year to $2.25 billion, surpassing the Zacks Consensus Estimate of $2.1 billion, driven by higher investment management fees, sales and distribution fees, and shareholder servicing fees [3][4] - Investment management fees rose by 9% year over year to $1.79 billion, while sales and distribution fees increased by 27% to $376 million, and shareholder servicing fees jumped by 95% to $64 million [4] - Total operating expenses rose by 14% year over year to $2.03 billion, exceeding the estimate of $1.96 billion, resulting in an operating margin of 9.7%, down from 10.4% in the previous year [5] Assets Under Management (AUM) - As of December 31, 2024, total AUM was $1.58 trillion, a decline of 6% sequentially, with long-term net outflows of $50 billion during the quarter [6] - The average AUM decreased by 2% sequentially to $1.63 trillion [6] Capital Position and Distribution - As of December 31, 2024, cash and cash equivalents, and investments totaled $5.2 billion, while total stockholders' equity was $13.2 billion [7] - In the reported quarter, the company repurchased 0.3 million shares for $5.8 million [8] Strategic Outlook - The company's efforts to diversify its business through acquisitions and a strong distribution platform are expected to support revenue growth, although rising expenses from technological upgrades may hinder bottom-line growth [9]