JEF
Jefferies Financial Group Inc.61.26
-0.29-0.47%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
12.64BP/E (TTM)
21.27Basic EPS (TTM)
2.88Dividend Yield
0.03%Recent Filings
8-K
8-K
Jefferies reports strong growth
Jefferies Financial Group hosted its 2025 Investor Day on October 16, highlighting robust growth with net revenues up 86% since 2019 to $7.2 billion LTM, driven by investment banking, equities, and asset management, while ROTE improved to 10.3% overall and 13.6% in Q3. The firm emphasized execution on its global platform, deepening SMBC partnership for expanded reach in Japan and lending, yet addressed absorbable losses from First Brands' bankruptcy, pursuing recovery amid strong market momentum. Culture fuels outperformance; risks lurk in credit exposures.
8-K
Jefferies reports record revenues
Jefferies Financial Group unveiled its 2025 Investor Presentation on October 16, highlighting record LTM Q3'25 investment banking net revenues of $3.6 billion and equities revenues of $1.8 billion, underscoring a robust rebound in global market activity with 20% growth in investment banking size. The firm deepened its SMBC alliance, expanding joint sponsor coverage and securing $2.5 billion in new credit facilities to fuel client lending and Japan equities ventures. Momentum builds across franchises, yet sponsor activity lags corporate deals.
10-Q
Q3 FY2025 results
Jefferies Financial Group Inc. reported solid Q3 FY2025 results, with net revenues climbing 21.6% year-over-year to $2.05 billion, fueled by a record advisory haul of $655.6 million (up 10.7%) and underwriting gains of 29.3%, while equities surged 25.7% on higher volumes but fixed income dipped 18.2% amid tight credit. Earnings from continuing operations before taxes rose 31.3% to $331.8 million, with compensation steady at 52.9% of revenues and non-comp expenses up 16.7% but trailing revenue growth. Asset management turned profitable, netting $176.9 million versus a $59.0 million loss last year, thanks to better fund returns. Balance sheet stayed robust, with $11.5 billion in cash equivalents and total long-term capital at $22.5 billion, supporting a 1.14:1 debt-to-equity ratio. Yet, regulatory scrutiny in trading and lending persists as a key risk.
10-Q
Q2 FY2025 results
Jefferies Financial Group posted Q2 FY2025 net revenues of $1.63 billion, down 1.3% year-over-year yet edging up 2.1% quarter-over-quarter (derived), as advisory fees surged 61% to $458 million on merger momentum while underwriting dipped 28% amid policy jitters. Equities revenues climbed 24% to $526 million, buoyed by global trading volumes, but fixed income fell 37% to $178 million from credit spread volatility; asset management held steady at $155 million. Earnings before taxes dropped 41% to $135 million, with non-compensation costs up 14% to $645 million on equities activity and asset write-downs. Cash dipped to $11.3 billion, long-term debt rose to $15.4 billion (up 13% y/y), and free cash flow stood at negative $3.64 billion from operating outflows. Yet the firm stays liquid, with $13.7 billion in cash equivalents. Regulatory scrutiny in derivatives trading poses a balanced risk.
IPO
Website
Employees
Sector
Industry
DSECF
DAIWA SECURITIES GROUP
7.95+0.00
EVR
Evercore Inc.
337.22+0.53
GS
Goldman Sachs Group, Inc. (The)
879.15-10.44
LAZ
Lazard, Inc.
50.70+0.03
MC
Moelis & Company
69.37-0.04
MS
Morgan Stanley
176.51-1.28
NMR
Nomura Holdings Inc
8.18-0.19
RJF
Raymond James Financial, Inc.
161.96-0.87
SF
Stifel Financial Corporation
127.58-0.66
VIRT
Virtu Financial, Inc.
33.85+0.47