{"schema_version":"secwatch.filing_event.v1","accession":"0000096223-23-000029","form_type":"8-K","ticker":"JEF","cik":"0000096223","company_name":"Jefferies Financial Group Inc.","filed_at":"2023-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.119464+00:00","generated_at":"2026-06-10T08:29:22.349335+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Jefferies Q3 net earnings $51M, down 74% YoY; Investment Banking up 28% QoQ","bullets":["Net earnings attributable to common shareholders $51M ($0.22 per share) vs $195M ($0.80) YoY, a 74% decline.","Net revenues $1.18B (-22% YoY); Investment Banking $645M (+28% QoQ); Capital Markets $524M; Asset Management $23M.","Book value per share $46.09; tangible book value per diluted share $31.51; shares outstanding 210.4M basic.","Quarterly dividend declared at $0.30 per share, payable Nov 28, 2023; $250M share repurchase authorization remains.","CEO cites improving market; plans to expand Investment Banking MDs from 299 to over 360 by year end."],"urls":{"canonical":"https://secwatch.observer/filing/0000096223-23-000029","json":"https://secwatch.observer/filing/0000096223-23-000029.json","markdown":"https://secwatch.observer/filing/0000096223-23-000029.md","text":"https://secwatch.observer/filing/0000096223-23-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/96223/000009622323000029/0000096223-23-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/96223/000009622323000029/jef-20230927.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T08:29:22.349335+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c448a976ec6c2c0c00b978fa4c8577738ea4dbb6","claim":"Jefferies Financial Group Inc. reported the quarter ended August 31, 2023 results: revenue $1.18 billion, net income $51 million, EPS $0.22 per basic and diluted common share.","evidence_excerpt":"of $25 million primarily as a result of certain fair value adjustments taken during the period • Annualized return on adjusted tangible equity 1 of 2.9% • Net revenues of $1.18 billion Ø Investment Banking net revenues of $645 million Ø Capital Markets net revenues of $524 million Ø Asset Management net revenues (before allocated net interest 4 ) of $23","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96223/000009622323000029/0000096223-23-000029-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended August 31, 2023"},{"label":"Revenue","value":"$1.18 billion"},{"label":"Net income","value":"$51 million"},{"label":"EPS","value":"$0.22 per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"dfcffe25ada4b7d3898e3e54e5733324addfde8a","claim":"Jefferies Financial Group Inc. reported the nine months ended August 31, 2023 results: revenue $1.18 billion, net income $197 million, EPS $0.82 per diluted share.","evidence_excerpt":"of $25 million primarily as a result of certain fair value adjustments taken during the period • Annualized return on adjusted tangible equity 1 of 2.9% • Net revenues of $1.18 billion Ø Investment Banking net revenues of $645 million Ø Capital Markets net revenues of $524 million Ø Asset Management net revenues (before allocated net interest 4 ) of $23","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96223/000009622323000029/0000096223-23-000029-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended August 31, 2023"},{"label":"Revenue","value":"$1.18 billion"},{"label":"Net income","value":"$197 million"},{"label":"EPS","value":"$0.82 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}