Franklin Resources, Inc. (BEN)
The company now
Franklin Resources reported net income of $171.5 million, or $0.31 per diluted share, for the quarter ended June 30, 2026, in its results of July 31, 2026 1. Operating revenues were $2,358.4 million, up 14 percent from a year earlier 1.
Assets under management, the money the company invests for clients, grew to a record $1.8 trillion, with $18.4 billion of long-term net inflows in the quarter 1. Chief executive Jenny Johnson said alternative assets under management reached a record $294.2 billion 1.
Operating income was $215.8 million 1. General, administrative and other expenses rose $129.1 million in the quarter, primarily due to a $100.0 million regulatory settlement 3.
That settlement ended the SEC's case against Western Asset, a subsidiary, on June 4, 2026, with a civil penalty of $100 million and no admission of wrongdoing 5. The SEC case against its former co-chief investment officer Ken Leech remains pending 3.
The company also renamed itself Franklin Templeton, Inc. effective August 17, 2026, and its ticker stays BEN 21.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.