Jefferies reports $4.7 billion LTM investment banking revenue
Jefferies Financial Group Inc. disclosed that its investment banking net revenues reached $4.7 billion on a last twelve months basis as of the third quarter of 2026, marking a record high for the division. The firm also reported record last twelve months advisory revenues of $2.3 billion and record last twelve months equities revenues of $2.7 billion during the same period. These figures were presented at the company's 2026 Investor Meeting held on October 19, 2026. The presentation highlighted a global equities cash market share of 5.3% for the full year 2025, which the company characterized as a record. Jefferies noted that its total shareholders' equity stood at $11 billion, with net earnings of $937 million and an adjusted return on tangible equity of 13.1%. The firm stated it is positioned as the number five global investment banking firm in M&A and ECM. Management outlined a strategy focused on execution and realizing the platform's potential, citing continued momentum in core businesses. The agenda for the investor meeting included financial reviews led by CFO Matt Larson and segments covering investment banking, equities, fixed income, and asset management. Rich Handler served as CEO and Brian Friedman as President during the overview segment. The materials provided to shareholders were designated for informational purposes only and did not constitute an offer to sell or buy any security. Forward-looking statements within the presentation were based on management expectations and were subject to risks and uncertainties that could cause actual results to differ materially from anticipated outcomes.
Jefferies Financial Group Inc. disclosed that its investment banking net revenues reached $4.7 billion on a last twelve months basis as of the third quarter of 2026, marking a record high for the division. The firm also reported record last twelve months advisory revenues of $2.3 billion and record last twelve months equities revenues of $2.7 billion during the same period. These figures were presented at the company's 2026 Investor Meeting held on October 19, 2026. The presentation highlighted a global equities cash market share of 5.3% for the full year 2025, which the company characterized as a record. Jefferies noted that its total shareholders' equity stood at $11 billion, with net earnings of $937 million and an adjusted return on tangible equity of 13.1%. The firm stated it is positioned as the number five global investment banking firm in M&A and ECM. Management outlined a strategy focused on execution and realizing the platform's potential, citing continued momentum in core businesses. The agenda for the investor meeting included financial reviews led by CFO Matt Larson and segments covering investment banking, equities, fixed income, and asset management. Rich Handler served as CEO and Brian Friedman as President during the overview segment. The materials provided to shareholders were designated for informational purposes only and did not constitute an offer to sell or buy any security. Forward-looking statements within the presentation were based on management expectations and were subject to risks and uncertainties that could cause actual results to differ materially from anticipated outcomes.