---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-004453"
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: "2026-06-07T02:50:11.570380+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Jefferies 2023 net revs $4.7B, net income $263M; expands SMFG alliance

## Summary
- Net revenues of $4.7B; net income attributable to common $263M; ROE of 3.7% (trough year view).
- Investment Banking net revenues $2.3B; Equities and Fixed Income $2.2B; Asset Management ~$200M.
- Returned $986M to common shareholders: $816M in dividends (incl. Vitesse spin) and $169M in buybacks.
- SMFG to increase ownership to up to 15% (currently 9.1%); will receive board seat upon reaching 10%.
- Added 68 Investment Banking MDs in 2023; total MD count now 364, up 61% over three years.

## SEC filing metadata
- accession: 0001193125-24-004453
- 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: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96223/000119312524004453/0001193125-24-004453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96223/000119312524004453/d679401d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-004453
- JSON: https://secwatch.observer/filing/0001193125-24-004453.json
- Plain text: https://secwatch.observer/filing/0001193125-24-004453.txt

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