Franklin Resources reports higher adjusted earnings and record $1.8 trillion AUM
Filed with the SEC on · Summarized by InvestorsBot
Franklin Resources reported third-quarter fiscal 2026 net income of $171.5 million, or $0.31 per diluted share, for the quarter ended June 30, 2026, while adjusted net income was $386.3 million, or $0.72 per share. Revenue rose 14% year over year to $2.36 billion, and assets under management reached $1.79 trillion after $18.4 billion in long-term net inflows; the company also repurchased $348.1 million of stock and will change its corporate name to Franklin Templeton, Inc. on August 17, 2026, while retaining the BEN ticker.