earnings
confidence high
sentiment positive
materiality 0.70
Jefferies Q3 FY26 EPS $1.08 on record Investment Banking, Equities; net revenues $2.22B, up 8.5% YoY
Jefferies Financial Group Inc.
- Q3 FY26 net earnings attributable to common shareholders $260.6M, diluted EPS $1.08, vs $224.0M and $1.01 in Q3 FY25; total net revenues $2.22B, up 8.5% YoY.
- Investment Banking net revenues $1.33B, up 17% YoY; Advisory record $818M (+25%); Equity underwriting $306M (+69%); Debt underwriting $177M, down 29% on lower industry volumes.
- Equities record net revenues $626M, up 29% YoY; Fixed Income $176M, down 26% on ongoing lower industry volumes; Q3 total Capital Markets $802M, up 11%.
- Asset Management net revenues $85.6M vs $176.9M a year ago on weaker fund performance including Point Bonita; nine-month results included goodwill write-down tied to expected sale of Tessellis.
- Board declared $0.40/share dividend payable Nov. 25, 2026 to holders of record Nov. 16; repurchased 1.3M shares for $70M at avg $52.34; buyback authorization increased to $250M. SMBC owns ~20%.