---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-029456"
form_type: "8-K"
ticker: "SIEB"
cik: "0000065596"
company_name: "SIEBERT FINANCIAL CORP"
filed_at: "2022-05-25T23:59:59+00:00"
generated_at: "2026-06-25T07:22:07.169509+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Siebert Financial Q1 2022 revenue $10.3M (down 45% YoY), net loss $1.0M

## Summary
- Revenue $10.3M, down from $18.9M in Q1 2021; net loss $1.0M vs net income $2.3M.
- Operating loss $1.4M vs operating income $3.0M; loss per share $0.04 vs EPS $0.07.
- Temporary unrealized loss of $2.2M on U.S. government securities portfolio expected to reverse over maturities.
- Plans to launch correspondent clearing services by Q3 2022, led by newly hired FinTech SVP Matthew Shatz.
- Retail customer net worth $16.1B vs $16.8B at year-end 2021.

## SEC filing metadata
- accession: 0001213900-22-029456
- form_type: 8-K
- ticker: SIEB
- cik: 0000065596
- company_name: SIEBERT FINANCIAL CORP
- filed_at: 2022-05-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/65596/000121390022029456/0001213900-22-029456-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65596/000121390022029456/sieb8krfd.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-029456
- JSON: https://secwatch.observer/filing/0001213900-22-029456.json
- Plain text: https://secwatch.observer/filing/0001213900-22-029456.txt

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