---
schema_version: "secwatch.filing_event.v1"
accession: "0000096223-24-000003"
form_type: "8-K"
ticker: "JEF"
cik: "0000096223"
company_name: "Jefferies Financial Group Inc."
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:49:54.256705+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Jefferies reports Q4 net earnings $66M ($0.29/diluted), down 53% YoY; FY net $263M, down 66%

## Summary
- Q4 net earnings attributable to common shareholders $66M ($0.29/diluted), down 53% YoY from $140M ($0.57).
- FY2023 net earnings $263M ($1.10/diluted), down 66% from $777M ($3.06); net revenues $4.7B, down 21%.
- Investment Banking net revenues $577M in Q4, modestly higher; Capital Markets $481M; Asset Management $141M, down 64%.
- Board increased share buyback authorization to $250M; declared quarterly cash dividend $0.30/share payable Feb 27, 2024.
- Book value per share $46.10; tangible book value $30.82; FY repurchased 4.9M shares for $169M at avg $34.66.

## SEC filing metadata
- accession: 0000096223-24-000003
- form_type: 8-K
- ticker: JEF
- cik: 0000096223
- company_name: Jefferies Financial Group Inc.
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96223/000009622324000003/0000096223-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96223/000009622324000003/jef-20240108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096223-24-000003
- JSON: https://secwatch.observer/filing/0000096223-24-000003.json
- Plain text: https://secwatch.observer/filing/0000096223-24-000003.txt

## Key facts
- Earnings Releases
  Jefferies Financial Group Inc. reported quarter and year ended November 30, 2023 results: revenue $1.20 billion, net income $66 million, EPS $0.29 per diluted common share.
  - Period: quarter and year ended November 30, 2023
  - Revenue: $1.20 billion
  - Net income: $66 million
  - EPS: $0.29 per diluted common share
  - Result: reported results
  source text: • Net earnings attributable to common shareholders of $66 million, or $0.29 per diluted common share • Annualized return on adjusted tangible equity 1 of 3.8% • Net revenues of $1.20 billion Ø Investment Banking net revenues of $577 million Ø Capital Markets net revenues of $481 million Ø Asset Management net revenues (before allocated net interest 4 ) of $155
  evidence_url: https://www.sec.gov/Archives/edgar/data/96223/000009622324000003/0000096223-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.