Citable filing context
BEN's research view summarizes recent SEC filing context, starting with debt_offering from Aug 10, 2026.
| Filed | Item | Context |
|---|---|---|
| Aug 10, 2026 | debt_offering | Franklin Resources completed a $750 million public offering of 5.500% notes due 2036. |
| Jul 31, 2026 | other | Franklin Resources, Inc. is changing its corporate name to Franklin Templeton, Inc. effective August 17, 2026. |
| Jul 30, 2026 | debt_offering | Franklin Resources entered into a $1.5 billion five-year revolving credit facility maturing July 30, 2031. |
| Jul 31, 2026 | mda_quarterly | Franklin Resources, Inc. reported strong growth for the nine months ended June 30, 2026, with net income rising to $695.2 million from $407.3 million in the prior year. Operating revenues increased 9% to $6.98 billion, driven by higher average assets under management (AUM), which reached $1.79 trillion—an 11% increase year-over-year. Growth was supported by positive market performance and net inflows in equity, multi-asset, and alternative strategies, despite ongoing outflows in fixed income, particularly within Western Asset Management (WAM). Financial results were impacted by a $100 million regulatory settlement involving WAM, which the company resolved in June 2026. While this charge weighed on GAAP operating income, adjusted operating margins improved to 26.7% from 23.9% in the prior period. The company continues to execute its growth strategy, notably through the October 2025 acquisition of Apera Asset Management, a private credit firm. Liquidity remains robust, with $5.23 billion in liquid assets. The company maintains a disciplined capital allocation strategy, repurchasing $447.1 million of common stock during the nine-month period. Subsequent to the quarter, Franklin strengthened its balance sheet by amending its revolving credit facility to $1.5 billion, maturing in 2031, providing flexibility for future strategic investments and debt management. |
| Apr 28, 2026 | mda_quarterly | Franklin Resources reported operating revenues of $2.29 billion for the quarter ended March 31, 2026, a 9% increase year-over-year, with net income attributable to the company rising 77% to $268.2 million. Total assets under management (AUM) reached $1.68 trillion, supported by growth in equity, alternative, and multi-asset classes, although fixed income AUM declined 3%. The company expanded its private credit footprint through the acquisition of Apera Asset Management. Despite these gains, results were pressured by geopolitical tensions in the Middle East and inflation-driven volatility in global equity and bond markets. Significant regulatory and legal risks persist, specifically regarding trade allocation investigations at Western Asset Management (WAM) by the SEC and DOJ, alongside a related class-action lawsuit and litigation concerning the Franklin Templeton 401(k) Retirement Plan. Liquidity remains stable with $5.04 billion in liquid assets against $2.25 billion in debt. The company continues to return capital to shareholders, repurchasing $99 million of common stock during the first six months of 2026. Management remains focused on expense management and workforce optimization to offset outflows in certain fixed income vehicles at WAM. |
| Jan 30, 2026 | mda_quarterly | Franklin Resources reported operating revenues of $2.33 billion and net income attributable to the company of $255.5 million for the quarter ended December 31, 2025, a 56% year-over-year increase in net income. Total assets under management (AUM) rose 7% year-over-year to $1.68 trillion, driven by growth in equity, alternative, and multi-asset classes, which offset a 7% decline in fixed income AUM. The company achieved $28.0 billion in long-term net inflows, a significant reversal from the $50.0 billion outflows recorded in the prior-year period. Strategic expansion included the October 2025 acquisition of Apera Asset Management, a pan-European private credit firm. Operating margins improved, supported by an 11% reduction in occupancy costs following the consolidation of New York City office space. However, the company faces material legal and regulatory risks, including ongoing SEC and DOJ investigations into Western Asset Management (WAM) regarding treasury derivative trade allocations and a class-action lawsuit concerning the Franklin Templeton 401(k) plan. Liquidity remains strong, with $5.14 billion in total liquid assets against $2.36 billion in debt, supplemented by a $150 million borrowing under its credit agreement in January 2026. |
Source: SEC EDGAR filing text and events; period Aug 10, 2026; filed Aug 10, 2026.
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