AI English summary of an SEC filing — figures as filed
Franklin Templeton BENThe company said net income attributable to Franklin Resources for the quarter ended March 31, 2025 was $151.4 million ($0.26 per diluted share), and operating income was $145.6 million. The prior quarter came in at $163.6 million and $219.0 million, and the year-earlier quarter at $124.2 million and $129.3 million.
Key points
AI summaryThe company said net income attributable to Franklin Resources for the quarter ended March 31, 2025 was $151.4 million ($0.26 per diluted share), and operating income was $145.6 million. The prior quarter came in at $163.6 million and $219.0 million, and the year-earlier quarter at $124.2 million and $129.3 million.
Franklin Resources said adjusted net income, a non-GAAP measure, was $254.4 million ($0.47 per adjusted diluted share), and that it included a seed investment loss of $41.4 million ($0.06 per share) tied to a renewable energy investment in a fund that has been closed.
The company said total AUM was $1,540.6 billion as of March 31, 2025, down $35.1 billion during the quarter. It attributed the decline to long-term net outflows of $26.2 billion (including $33.6 billion of net outflows at Western) and the impact of market changes and other factors totaling $11.6 billion.
The company said cash and cash equivalents and investments were $5.0 billion as of March 31, 2025 ($6.1 billion including its direct investments in consolidated investment products). It repurchased 0.5 million shares of common stock for a total cost of $10.0 million during the quarter.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Quarterly net income of $151.4 million, operating income of $145.6 million
The company said net income attributable to Franklin Resources for the quarter ended March 31, 2025 was $151.4 million ($0.26 per diluted share), and operating income was $145.6 million. The prior quarter came in at $163.6 million and $219.0 million, and the year-earlier quarter at $124.2 million and $129.3 million.
Source · Based on the filing body and exhibits
Adjusted net income of $254.4 million and seed investment loss of $41.4 million
Franklin Resources said adjusted net income, a non-GAAP measure, was $254.4 million ($0.47 per adjusted diluted share), and that it included a seed investment loss of $41.4 million ($0.06 per share) tied to a renewable energy investment in a fund that has been closed.
Source · Based on the filing body and exhibits
Assets under management of $1,540.6 billion and long-term net outflows of $26.2 billion
The company said total AUM was $1,540.6 billion as of March 31, 2025, down $35.1 billion during the quarter. It attributed the decline to long-term net outflows of $26.2 billion (including $33.6 billion of net outflows at Western) and the impact of market changes and other factors totaling $11.6 billion.
Source · Based on the filing body and exhibits
Cash and investments of $5.0 billion, share buybacks of $10.0 million
The company said cash and cash equivalents and investments were $5.0 billion as of March 31, 2025 ($6.1 billion including its direct investments in consolidated investment products). It repurchased 0.5 million shares of common stock for a total cost of $10.0 million during the quarter.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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