CSIMarket
 
Franklin Resources Inc   (BEN)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial
 
Price: $25.1500 $0.13 0.520%
Day's High: $25.315 Week Perf: 0.84 %
Day's Low: $ 25.00 30 Day Perf: -6.37 %
Volume (M): 3,621 52 Wk High: $ 30.32
Volume (M$): $ 91,071 52 Wk Avg: $26.28
Open: $25.08 52 Wk Low: $21.88



 Market Capitalization (Millions $) 12,640
 Shares Outstanding (Millions) 503
 Employees 9,800
 Revenues (TTM) (Millions $) 7,854
 Net Income (TTM) (Millions $) 1,011
 Cash Flow (TTM) (Millions $) -918
 Capital Exp. (TTM) (Millions $) 141

Franklin Resources Inc
Franklin Resources,'Inc.,'is a diversified'financial services'company,'which is registered as a bank holding company under the Bank Holding'Company Act of 1956,' as amended'(the "BHC'Act"),'and as a financial holding company under the'Gramm-Leach-Bliley'Act (the "GLB Act").'Through our wholly-owned direct and indirect subsidiary companies,'we provide a broad range of investment advisory,'investment'management and related services to open-end investment'companies,' including'our'own'family'of'retail'mutual'funds, institutional'accounts,'high' net-worth'families,'individuals'and'separate accounts in the United States (the "U.S.") and'internationally.

Our "sponsored investment products" include a broad range of domestic and'global/international equity, hybrid/balanced,'fixed-income, and money market mutual funds as well as other'investment'products,'which are sold to the public' under the'Franklin, Templeton,'Mutual'Series,'Bissett'and'Fiduciary'Trust brand' names.'In support of our primary business and operating segment,'investment' management,'we also provide'certain'related'services,'including'transfer'agency,' fund administration,'distribution,'shareholder processing,'custodial,'trustee and other'fiduciary'services.'In our secondary'business and'operating'segment, banking/finance, we provide clients with select retail-banking and consumer loan services through our bank subsidiaries. The common stock of FRI is traded in the U.S. primarily on the New York Stock Exchange and the Pacific Exchange under the ticker'symbol'"BEN" and under the'ticker'symbol'"FRK" on the'London'Stock Exchange.'The'term'"Franklin(R)'Templeton(R)'Investments"' as'used in this document, refers to Franklin Resources, Inc. and its consolidated subsidiaries.


INVESTMENT MANAGEMENT AND RELATED SERVICES

We derive'substantially all of our revenues from providing investment advisory, investment management,'distribution and administrative'services to our various family of funds,'high net-worth'clients,'institutional'accounts and separate accounts.'Our'revenues'depend to a large extent on the amount of assets under management.'Underwriting'and'distribution'revenues,'also a large'source of revenue,' consist of sales'charges and'commissions'derived'from sales of our sponsored' investment'products and'distribution and service fees.

Through various subsidiaries, we offer and support alternative investment products and related management services for our clients. Our alternative investment products include, among other capabilities, private equity, hedge funds, real estate and commodities. For example, K2, a fund of hedge funds solutions provider, offers and supports alternative investments and multi-asset solutions platforms for institutional and other qualified investors. K2 provides risk management, manager selection and asset allocation capabilities in various global jurisdictions.
Darby is primarily engaged in sponsoring and managing funds that invest in private equity and mezzanine finance transactions in emerging markets in Asia, Latin America and Central/Eastern Europe. Darby offers these investment funds through private placements to institutional and high net-worth individual investors.
Templeton Asset Management Ltd., an investment adviser, sponsors and manages a limited number of investment partnerships that also invest primarily in emerging markets in Asia, Latin America and Central/Eastern Europe.
Franklin Templeton Institutional, LLC, an investment adviser, manages investment partnerships that invest in funds with exposure to global real estate opportunities.

Franklin Advisers, Inc. (“FAI”), an investment adviser, manages a privately offered fund that invests in derivatives across the global equity, global government bond and currency markets. FAI creates tactical long and short positions within the fund based on a daily review of macroeconomic and valuation factors to determine the relative attractiveness of asset classes to each other as well as the attractiveness of individual factors within asset classes.

Through various trust company subsidiaries, including Fiduciary Trust, we offer trust, custody and related services, including administration, performance measurement, estate planning, tax planning and private banking. We provide planned giving administration and related custody services for non-profit organizations, including pooled income funds, charitable remainder trusts, charitable lead trusts and gift annuities, for which we may or may not act as trustee. Our other subsidiaries involved in the trust business, either as trust companies or companies investing in trust companies, have full trust powers. Our subsidiary Franklin Templeton Bank & Trust, F.S.B. (“FTB&T”), a federally chartered FDIC insured savings bank, among other functions, exercises full trust powers and serves primarily as custodian of IRAs and business retirement plans invested solely in Franklin Templeton funds. FTB&T also provides Advisor Directed Trust®, a directed trust service.

BANKING/FINANCE OPERATIONS

Our'secondary'business'segment'is'banking/finance,'which'offers'select retail-banking and consumer lending services.

Our subsidiary, Fiduciary Trust, is a New York state chartered bank and provides private banking services primarily to high net-worth clients who maintain trust, custody and/or investment'management'accounts with Fiduciary Trust.'Fiduciary Trusts private banking and credit products include, among others, loans secured by marketable securities,'foreign exchange services, deposit accounts and other banking'services.'

COMPETITION

The'financial'services'industry is highly'competitive'and has'increasingly become a global'industry.'There are'approximately'8,200 open-end'investment companies of varying sizes,'investment policies and objectives whose shares are being'offered to the public in the U.S. Due to our'international'presence and varied'product mix, it is difficult to assess our market'position'relative to other'investment'managers on a worldwide basis, but we believe that we are one of the more widely diversified'investment'managers in the U.S. We believe that our equity and'fixed-income'asset mix coupled'with our global'presence' will serve our competitive needs well over the long term. We continue to focus on the performance'of our'investment'products,'service to customers'and'extensive marketing'activities'with'our'strong'broker/dealer'and'other'financial institution distribution network as well as high net-worth customers.

We face strong competition from numerous investment management,'stock brokerage and'investment'banking firms,'insurance'companies,'banks,'savings and loan associations' and other'financial'institutions,'which'offer a wide'range of financial and investment management services to the same institutional accounts, separate' accounts and high net-worth'customers that we are seeking to attract. In'recent' years,'there'has been a trend of'consolidation'in the'financial services'industry,' resulting in stronger'competitors'with greater'financial resources than us.

We rely largely on'intermediaries'to sell and'distribute'Franklin'Templeton mutual'fund'shares.'In'addition'to'offering'our'products,'many of these intermediaries' also have'mutual'funds'under'their own'names'that'compete directly'with our' products.'These'intermediaries'could'decide'to limit or restrict'the sale of our fund'shares,'which could lower our future'sales and cause'our'revenues'to' decline.'We'have'and'continue'to'pursue'sales relationships'with all types of' intermediaries'to'broaden'our'distribution network.'We'have'experienced'increased' costs'related'to'maintaining'our distribution channels and we anticipate that this trend will continue.

We have'implemented'an award'winning'Internet'platform to compete'with the rapidly developing and evolving capabilities being offered with this technology.
Together'with several large'financial'services'companies,'we made a capital investment in the'development of an'industry-wide'Internet'portal,'known as Advisorcentral.com,'which provides our broker,'dealer and'investment'adviser customers with the ability to view their clients holdings using one log-in ID.



   Company Address: One Franklin Parkway San Mateo 94403 CA
   Company Phone Number: 312-2000   Stock Exchange / Ticker: NYSE BEN
   BEN is expected to report next financial results on April 29, 2024.


Customers Net Income grew by BEN's Customers Net Profit Margin grew to


12.33 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BX   -2.29%    
GLDI   -0.47%    
GS        0.78% 
LPLA   -0.16%    
MS        4.22% 
SNEX        2.47% 
• View Complete Report
   



Business Update

Franklin Templeton Reports Strong Asset Growth Signals Investor Confidence for 2024

Published Mon, Mar 11 2024 8:02 PM UTC

In an exciting development for Franklin Resources, Inc. (Franklin Templeton), the firm has announced a steady increase in its assets under management (AUM) for the past three months, indicating an upward trajectory and suggesting that investors continue to trust and rely on the company. The consecutive growth in AUM reflects positive market conditions and an influx of long-t...

Business Update

Franklin Resources, Inc. Reflects on Strong Growth in Assets Under Management

Published Mon, Feb 12 2024 2:00 PM UTC

Franklin Resources, Inc. (Franklin Templeton), a prominent global investment management organization, recently announced its preliminary month-end assets under management (AUM) figures for January 31, 2024. The company reported a substantial increase in AUM, reaching $1.60 trillion compared to $1.46 trillion the previous month. This growth was primarily attributed to the acq...

Merger and Acquisition

Franklin Templeton Expands Global Footprint with Successful Acquisition of Putnam Investments

Published Tue, Jan 2 2024 1:30 PM UTC

Franklin Templeton Expands Global Footprint through Successful Acquisition of Putnam Investments
SAN MATEO, Calif. - In a move that solidifies its position as one of the world's leading investment management organizations, Franklin Resources, Inc. announced on January 1, 2024, the successful completion of its acquisition of Putnam Investments from Great-West Lifeco, Inc....

Stock Transactions

Franklin Resources, Inc. Continues Tradition of Dividend Growth with 3.3% Increase

Published Tue, Dec 12 2023 10:30 PM UTC



SAN MATEO, Calif. - Franklin Resources, Inc. (NYSE:BEN), a global investment management organization known for its best-in-class financial services, has announced a quarterly cash dividend of $0.31 per share, payable on January 12, 2024. Shareholders of record holding shares of common stock as of January 3, 2024, will be eligible to receive this dividend.
This ...

Business Update

Franklin Resources Sees Rise in AUM amid Shrinking Revenues and Cost Reductions for Corporate Clients

Published Mon, Dec 11 2023 9:01 PM UTC


San Mateo-based investment management company, Franklin Resources, Inc. has announced a considerable increase in its preliminary month-end assets under management (AUM) to $1.41 trillion as of November 30, 2023. This figure underscores substantial growth from the $1.33 trillion reported on October 31, 2023, according to the company's recent financial report.
This le...






 

Franklin Resources Inc's Segments
 
Investment Mgmnt.
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Franklin Resources Inc does not provide revenue guidance.

Earnings Outlook
Franklin Resources Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion
United States
Canada
Bahamas
Europe
Asia Pacific
Latin America

Franklin Resources Inc's Operating Statistics Decrease / Increase
       
Equity Assets under Mgmt. (Millions $)   Equity Assets under Mgmt. (Millions $) Decline   
Fixed-income Assets under Mgmt. (Millions $)   Fixed-income Assets under Mgmt. (Millions $) Decline   
Money market Assets under Mgmt. (Millions $)    Money market Assets under Mgmt. (Millions $) Growth   
Hybrid, balanced Assets under Mgmt. (Millions $)    Hybrid, balanced Assets under Mgmt. (Millions $) Growth   
Total Assets under Mgmt. (Millions $)   Total Assets under Mgmt. (Millions $) Decline   




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com