BEN - Earnings announcements

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $268.2 million or $0.49 per diluted share for the quarter ended March 31, 2026, as compared to $255.5 million or $0.46 per diluted share for the previous quarter, and $151.4 million or $0.26 per diluted share for the quarter ended March 31, 2025. Operating income was $323.3 million for the quarter ended March 31, 2026, as compared to $281.0 million for the previous quarter and $145.6 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income2

Franklin BSP Realty Trust, Inc. (NYSE:FBRT) ("FBRT" or the "Company") today announced that it will release its first quarter 2026 results on Wednesday, April 29, 2026, after the close of trading on the New York Stock Exchange. The Company will host a conference call and live audio webcast to discuss its financial results on Thursday, April 30, 2026, at 9:00 a.m. ET. All conference call and webcast information can be found on the Company's website at https://www.fbrtreit.com. Participants are encouraged to pre-register for the call and webcast at https://dpregister.com/sreg/10207685/103a7b22cd4. If you are unable to pre-register, the conference call may be accessed by dialing (844) 701-116

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $255.5 million or $0.46 per diluted share for the quarter ended December 31, 2025, as compared to $117.6 million or $0.21 per diluted share for the previous quarter, and $163.6 million or $0.29 per diluted share for the quarter ended December 31, 2024. Operating income was $281.0 million for the quarter ended December 31, 2025, as compared to $85.4 million for the previous quarter and $219.0 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net

Franklin Templeton today announced it will liquidate and dissolve ClearBridge Sustainable Infrastructure ETF (INFR). The liquidation is anticipated to occur on or about January 29, 2026. The liquidation was approved by the Fund's board of trustees on December 4, 2025. After the close of business on December 31, 2025, the Funds will no longer accept creation orders. Trading in the Funds on Nasdaq Stock Market LLC (NASDAQ) will be halted prior to market open on January 23, 2026. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about January 29, 2026. When the Funds is in the process of liquidating its portfolio, which is anticipated to commence prior to J

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced preliminary net income1 of $117.6 million or $0.21 per diluted share for the quarter ended September 30, 2025, as compared to net income of $92.3 million or $0.15 per diluted share for the previous quarter, and net loss of $84.7 million or $0.19 per diluted share for the quarter ended September 30, 2024. Preliminary net income1 for the fiscal year ended September 30, 2025 was $524.9 million or $0.91 per diluted share, as compared to $464.8 million or $0.85 per diluted share for the prior fiscal year. Preliminary operating income was $85.4 million for the quarter ended September 30, 2025, as compared to operating income of $

Franklin Templeton today announced it will liquidate and dissolve Franklin Sustainable International Equity ETF (MCSE). The liquidation is anticipated to occur on or about January 16, 2026. After the close of business on December 19, 2025, the Fund will no longer accept creation orders. Trading in the Fund on the Nasdaq Stock Market LLC (NASDAQ) will be halted prior to market open on January 12, 2026. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about January 16, 2026. When the Fund is in the process of liquidating its portfolio, which is anticipated to commence prior to January 9, 2026, the Fund will hold cash and securities that may not be consi

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $92.3 million or $0.15 per diluted share for the quarter ended June 30, 2025, as compared to $151.4 million or $0.26 per diluted share for the previous quarter, and $174.0 million or $0.32 per diluted share for the quarter ended June 30, 2024. Operating income was $154.1 million for the quarter ended June 30, 2025, as compared to $145.6 million for the previous quarter and $222.5 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income2 was

Franklin Templeton today announced it will liquidate and dissolve Franklin FTSE Hong Kong ETF (FLHK). The liquidation is anticipated to occur on or about July 8, 2025. The liquidation of FLHK was approved by the Fund's board of trustees on May 21, 2025. After the close of business on June 10, 2025, the Fund will no longer accept creation orders. Trading in the Fund on NYSE Arca, Inc. ("NYSE Arca") will be halted prior to market open on July 2, 2025. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about July 8, 2025. When the Fund is in the process of liquidating its portfolio, which is anticipated to commence prior to July 2, 2025, the Fund will hold c

Franklin Templeton today announced it will liquidate and dissolve Western Asset Short Duration Income ETF (WINC) and Western Asset Total Return ETF (WBND). The liquidation is anticipated to occur on or about August 29, 2025. The liquidation of both WINC and WBND were approved by the Fund's board of trustees on May 21, 2025. After the close of business on August 1, 2025, the Funds will no longer accept creation orders. Trading in the Funds on NASDAQ will be halted prior to market open on August 23, 2025. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about August 29, 2025. When the Funds are in the process of liquidating their portfolios, which is anti

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $151.4 million or $0.26 per diluted share for the quarter ended March 31, 2025, as compared to $163.6 million or $0.29 per diluted share for the previous quarter, and $124.2 million or $0.23 per diluted share for the quarter ended March 31, 2024. Operating income was $145.6 million for the quarter ended March 31, 2025, as compared to $219.0 million for the previous quarter and $129.3 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income2 w

Creating a Comprehensive One-Stop Client Solution, Enhancing Long-Term Stockholder Value Franklin BSP Realty Trust, Inc. (NYSE:FBRT) ("FBRT" or the "Company"), a leading real estate investment trust, today announced that it has entered into a definitive agreement to acquire NewPoint Holdings JV LLC ("NewPoint"), a privately held commercial real estate finance company headquartered in Plano, Texas. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions, including regulatory approvals. Richard Byrne, CEO of FBRT and Chairman of the FBRT Board of Directors, said, "We are pleased to announce our acquisition of NewPoint, which is a transforma

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $163.6 million or $0.29 per diluted share for the quarter ended December 31, 2024, as compared to net loss of $84.7 million or $0.19 per diluted share for the previous quarter, and net income of $251.3 million or $0.50 per diluted share for the quarter ended December 31, 2023. Operating income was $219.0 million for the quarter ended December 31, 2024, as compared to operating loss of $150.7 million for the previous quarter and operating income of $206.5 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies ot

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced preliminary net loss of $84.7 million or $0.19 per diluted share for the quarter ended September 30, 2024, as compared to net income of $174.0 million or $0.32 per diluted share for the previous quarter, and $295.5 million or $0.58 per diluted share for the quarter ended September 30, 2023. Preliminary net income1 for the fiscal year ended September 30, 2024 was $464.8 million or $0.85 per diluted share, as compared to $882.8 million or $1.72 per diluted share for the prior fiscal year. Preliminary operating loss was $150.7 million for the quarter ended September 30, 2024, as compared to operating income of $222.5 million f

Franklin Templeton today announced it will liquidate and dissolve ClearBridge Focus Value ESG ETF (CFCV). The liquidation is anticipated to occur on or about November 5, 2024. The liquidation of CFCV was approved by the Fund's board of trustees on September 5, 2024, and does not require the approval of shareholders. After the close of business on October 8, 2024, the Fund will no longer accept creation orders. Trading in the Fund on Cboe BZX Exchange, Inc. ("Cboe") will be halted prior to market open on October 30, 2024. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about November 5, 2024. When the Fund is in the process of liquidating its portfo

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $174.0 million or $0.32 per diluted share for the quarter ended June 30, 2024, as compared to $124.2 million or $0.23 per diluted share for the previous quarter, and $227.5 million or $0.44 per diluted share for the quarter ended June 30, 2023. Operating income was $222.5 million for the quarter ended June 30, 2024, as compared to $129.3 million for the previous quarter and $314.9 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income2 was

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $124.2 million or $0.23 per diluted share for the quarter ended March 31, 2024, as compared to $251.3 million or $0.50 per diluted share for the previous quarter, and $194.2 million or $0.38 per diluted share for the quarter ended March 31, 2023. Operating income was $129.3 million for the quarter ended March 31, 2024, as compared to $206.5 million for the previous quarter and $255.1 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income2

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $251.3 million or $0.50 per diluted share for the quarter ended December 31, 2023, as compared to $295.5 million or $0.58 per diluted share for the previous quarter, and $165.6 million or $0.32 per diluted share for the quarter ended December 31, 2022. Operating income was $206.5 million for the quarter ended December 31, 2023, as compared to $338.3 million for the previous quarter and $194.0 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net

New ETF Focuses Investments in Growth Companies with Potential to Benefit from Major Long-Term Trends Franklin Templeton today launched Franklin Focused Growth ETF on CBOE under the ticker FFOG. FFOG aims to provide capital appreciation by investing in growth equity securities. This ETF was converted from a mutual fund, and it maintains the predecessor Franklin Focused Growth Fund's investment goal, principal investment strategies, performance benchmark, investment adviser and portfolio management team. One difference from the predecessor mutual fund is that FFOG is a non-diversified fund,1 meaning that it will generally invest in a smaller number of issuers than a diversified fund, and m

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced preliminary net income1 of $295.5 million or $0.58 per diluted share for the quarter ended September 30, 2023, as compared to $227.5 million or $0.44 per diluted share for the previous quarter, and $232.7 million or $0.46 per diluted share for the quarter ended September 30, 2022. Preliminary net income1 for the year ended September 30, 2023 was $882.8 million or $1.72 per diluted share, as compared to $1,291.9 million or $2.53 per diluted share for the prior year. Preliminary operating income was $338.3 million for the quarter ended September 30, 2023, as compared to $314.9 million for the previous quarter and $348.5 milli

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $227.5 million or $0.44 per diluted share for the quarter ended June 30, 2023, as compared to $194.2 million or $0.38 per diluted share for the previous quarter, and $256.4 million or $0.50 per diluted share for the quarter ended June 30, 2022. Operating income was $314.9 million for the quarter ended June 30, 2023, as compared to $255.1 million for the previous quarter and $404.7 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income2 was

Transaction unlocks the value of Putnam, and facilitates the continued focus of Lifeco's U.S. strategy on retirement and personal wealth Lifeco, Power, and Franklin Templeton will enter into a strategic partnership to drive value for all stakeholders Great-West Lifeco has agreed to sell Putnam Investments to Franklin Templeton, a leading at-scale and diversified global asset manager with a broad range of investment and distribution capabilitiesThe transaction unlocks the value of Putnam Investments and facilitates the continued focus of Lifeco's U.S. strategy on retirement and personal wealthGreat-West Lifeco will hold a 4.9% interest in Franklin Templeton on a long-term basis and will retai

Great-West Lifeco to Allocate Initial $25 Billion of AUM to Franklin Templeton, Expanding Long-Term Relationship with the Power Group of Companies Great-West Lifeco to Become Long-Term Strategic Shareholder of Franklin Resources, Inc. Franklin Templeton to Acquire Putnam Investments Adds Complementary Investment Capabilities with Strong Performance Accelerates Franklin Templeton's Growth in the Retirement Sector and Significantly Increases Franklin Templeton's Defined Contribution AUM to Approximately $90 Billion Franklin Resources, Inc. (NYSE:BEN), a global investment management organization operating as Franklin Templeton, today announced a strategic partnership with Power Corpo

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $194.2 million or $0.38 per diluted share for the quarter ended March 31, 2023, as compared to $165.6 million or $0.32 per diluted share for the previous quarter, and $349.6 million or $0.68 per diluted share for the quarter ended March 31, 2022. Operating income was $255.1 million for the quarter ended March 31, 2023, as compared to $194.0 million for the previous quarter and $463.0 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income2

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $165.6 million or $0.32 per diluted share for the quarter ended December 31, 2022, as compared to $232.7 million or $0.46 per diluted share for the previous quarter, and $453.2 million or $0.88 per diluted share for the quarter ended December 31, 2021. Operating income was $194.0 million for the quarter ended December 31, 2022, as compared to $348.5 million for the previous quarter and $557.7 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced preliminary net income1 of $232.7 million or $0.46 per diluted share for the quarter ended September 30, 2022, as compared to $256.4 million or $0.50 per diluted share for the previous quarter, and $665.7 million or $1.30 per diluted share for the quarter ended September 30, 2021. Preliminary net income1 for the year ended September 30, 2022 was $1,291.9 million or $2.53 per diluted share, as compared to $1,831.2 million or $3.57 per diluted share for the prior year. Preliminary operating income was $348.5 million for the quarter ended September 30, 2022, as compared to $404.7 million for the previous quarter and $531.5 mil

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $256.4 million or $0.50 per diluted share for the quarter ended June 30, 2022, as compared to $349.6 million or $0.68 per diluted share for the previous quarter, and $438.4 million or $0.86 per diluted share for the quarter ended June 30, 2021. Operating income was $404.7 million for the quarter ended June 30, 2022, as compared to $463.0 million for the previous quarter and $478.1 million for the prior year. Results for the quarter ended June 30, 2022 include three months of Lexington Partners L.P. As supplemental information, the Company is providing certain adjusted performance measures which are based on

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $349.6 million or $0.68 per diluted share for the quarter ended March 31, 2022, as compared to $453.2 million or $0.88 per diluted share for the previous quarter, and $381.8 million or $0.74 per diluted share for the quarter ended March 31, 2021. Operating income was $463.0 million for the quarter ended March 31, 2022, as compared to $557.7 million for the previous quarter and $456.3 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies other than generally accepted accounting principles. Adjusted net income2 w

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $453.2 million or $0.88 per diluted share for the quarter ended December 31, 2021, as compared to $665.7 million or $1.30 per diluted share for the previous quarter, and $345.3 million or $0.67 per diluted share for the quarter ended December 31, 2020. Operating income was $557.7 million for the quarter ended December 31, 2021, as compared to $531.5 million for the previous quarter and $409.1 million in the prior year. The previous quarter included a tax benefit2 of $155.1 million or $0.30 per diluted share due to the release of certain tax reserves primarily related to the closure of Internal Revenue Service

On November 19, 2021, the Board of Trustees of Legg Mason ETF Investment Trust, on behalf of the Legg Mason Global Infrastructure ETF (the "Fund"), approved a proposal to liquidate and dissolve the Fund. The liquidation is anticipated to occur on or about February 3, 2022. After the close of business on January 5, 2022, the Fund will no longer accept creation orders. Trading in the Fund on NASDAQ will be halted prior to market open on January 28, 2022. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about February 3, 2022. When the Fund is in the process of liquidating its portfolio, which is anticipated to commence prior to January 28, 2022, the Fund

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced preliminary net income1 of $665.7 million or $1.30 per diluted share for the quarter ended September 30, 2021, as compared to $438.4 million or $0.86 per diluted share for the previous quarter, and $78.9 million or $0.15 per diluted share for the quarter ended September 30, 2020. Preliminary net income1 for the year ended September 30, 2021 was $1,831.2 million or $3.57 per diluted share, as compared to $798.9 million or $1.59 per diluted share for the prior year. Preliminary operating income was $531.5 million for the quarter ended September 30, 2021, as compared to $478.1 million for the previous quarter and $103.6 millio

Materially expands breadth and scale of Franklin Templeton's alternative asset capabilities Growing market sector with long-term potential to extend access of private asset classes to additional investors Structured to provide continuity for Lexington's highly experienced team and continued strong alignment with investors Franklin Resources, Inc. (NYSE:BEN), a global investment management organization operating as Franklin Templeton, today announced that it has entered into a definitive agreement to acquire Lexington Partners L.P. ("Lexington"), a leading global manager of secondary private equity and co-investment funds. This acquisition will bolster Franklin Templeton's alternative ass

Franklin BSP Realty Trust, Inc. (f/k/a Benefit Street Partners Realty Trust, Inc.) ("FBRT"), a publicly-registered, non-listed real estate investment trust ("REIT"), and Capstead Mortgage Corporation (NYSE:CMO) ("Capstead"), a REIT, today announced the final exchange ratio and cash consideration for the previously announced proposed merger between FBRT and Capstead. Summary If the proposed merger is completed prior to market open on October 19, 2021, as is currently anticipated, each outstanding share of common stock of Capstead ("Capstead Common Stock") will be converted into the right to receive (i) from FBRT, 0.3288 newly-issued shares of common stock of FBRT ("FBRT Common Stock"), (i

Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $438.4 million or $0.86 per diluted share for the quarter ended June 30, 2021, as compared to $381.8 million or $0.74 per diluted share for the previous quarter, and $290.4 million or $0.58 per diluted share for the quarter ended June 30, 2020. Operating income2 was $478.1 million for the quarter ended June 30, 2021, as compared to $456.3 million for the previous quarter and $232.5 million in the prior year. The quarter ended June 30, 2021 includes $45.3 million, or $0.07 per diluted share, of closed-end fund product launch costs associated with the Western Asset Diversified Income Fund. As supplemental info

Combined company, Franklin BSP Realty Trust, to become fourth largest commercial mortgage REIT Benefit Street Partners Realty Trust, Inc. ("BSPRT"), a publicly-registered, non-listed real estate investment trust ("REIT"), and Capstead Mortgage Corporation (NYSE:CMO) ("Capstead"), a REIT, today announced they have entered into a definitive merger agreement. Under the terms of the agreement, Capstead common stockholders will receive a cash payment equal to a 15.75% premium to Capstead's diluted book value per share and shares of BSPRT common stock calculated on an adjusted "book-for-book" basis. The book values for Capstead and BSPRT used to calculate the cash consideration and exchange rat