---
schema_version: "secwatch.filing_event.v1"
accession: "0000096223-26-000028"
form_type: "8-K"
ticker: "JEF"
cik: "0000096223"
company_name: "Jefferies Financial Group Inc."
filed_at: "2026-09-28T20:18:58+00:00"
generated_at: "2026-10-12T13:36:07.938069+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Jefferies Q3 FY26 EPS $1.08 on record Investment Banking, Equities; net revenues $2.22B, up 8.5% YoY

## Summary
- 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%.

## SEC filing metadata
- accession: 0000096223-26-000028
- form_type: 8-K
- ticker: JEF
- cik: 0000096223
- company_name: Jefferies Financial Group Inc.
- filed_at: 2026-09-28T20:18:58+00:00
- event_type: earnings
- sentiment: positive
- 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/96223/000009622326000028/0000096223-26-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96223/000009622326000028/jef-20260928.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096223-26-000028
- JSON: https://secwatch.observer/filing/0000096223-26-000028.json
- Plain text: https://secwatch.observer/filing/0000096223-26-000028.txt

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