TLDRFranklin Templeton stock jumps 3.45% to $33.32 following strong annual earnings.Annual net income more than doubles to $1.08 billion as operating profit surges.Assets under management hit a record $1.8 trillion, rising 8% year over year.Long-term net inflows reach $84.1 billion, reversing the prior year’s outflows.ETF assets surge 73% to $84.6 billion as alternatives and global funds expand.Franklin Templeton (BEN) shares surged 3.45% to $33.32, gaining $1.11 as strong annual earnings supported bullish momentum. The stock recovered from intraday lows near $31.80 and approached resistance around $33.50 during the session. Meanwhile, the asset manager reported annual net income of $1.08 billion and record assets under management near $1.8 trillion.Franklin Resources, Inc., BENFranklin Templeton Annual Net Income Doubles as Quarterly Earnings JumpFranklin Templeton reported preliminary fiscal 2026 net income of $1.075 billion, more than doubling the previous year’s $524.9 million. Annual diluted earnings per share increased to $1.97 from $0.91, reflecting stronger profitability across its operations. Additionally, annual operating revenue climbed 7% to $9.42 billion, while operating income increased 95% to $1.18 billion.The company generated fourth-quarter net income of $380.1 million, compared with $117.6 million during the corresponding period last year. Quarterly diluted earnings per share rose to $0.72 from $0.21, representing a 243% annual increase. Furthermore, operating income reached $355.8 million, compared with $85.4 million a year earlier, reflecting substantial earnings growth.Franklin Templeton also reported adjusted quarterly net income of $493.4 million, up 38% from the previous year. Adjusted earnings per share reached $0.94, while adjusted operating income increased 27% to $598.6 million. Meanwhile, the adjusted operating margin improved to 31.8%, compared with 26% during the corresponding quarter last year.Franklin Templeton Assets Reach Record $1.8 Trillion Amid Strong Fund InflowsFranklin Templeton ended September 2026 with $1.795 trillion in assets under management, representing 8% annual growth. The company recorded $84.1 billion in long-term net inflows throughout fiscal 2026, reversing the previous year’s outflows. Furthermore, fourth-quarter long-term inflows reached $20.8 billion, supported by demand across retail and institutional investment channels.Alternative assets reached $304.6 billion, while the company’s exchange-traded fund assets increased 73% to $84.6 billion. Retail separately managed account assets grew 19% to $196.3 billion, while Canvas assets doubled to $32.6 billion. Additionally, international assets approached $525 billion, supported by $29 billion in annual long-term net inflows across overseas markets.Franklin Templeton maintained $7.4 billion in cash and investments, including direct holdings in consolidated investment products, at September’s end. The company returned $1.2 billion to shareholders through dividends and share repurchases during fiscal 2026. Moreover, management identified private markets and customized investment solutions as strategic growth priorities entering fiscal 2027. The post Franklin Templeton Inc. (BEN) Stock: Surges as Annual Net Income Doubles to $1.08 Billion and Record $1.8 Trillion AUM appeared first on Blockonomi.