Jefferies Financial Group Inc. reported third-quarter results for the period ended May 31, 2026, with revenue of $3.12B and diluted EPS of $1.02, driven by stronger investment banking and equities activity; net income attributable to common shareholders was $226.2M for the quarter.

Financial Highlights

  • Revenue was $3.118B for Q3 (three months ended May 31, 2026), compared with $2.494B in the year-ago quarter; YoY change 25.0%.
  • Net income was $226.2M attributable to common shareholders for Q3 (May 31, 2026), versus $88.0M in the year-ago quarter; YoY change 157.0%.
  • Diluted EPS was $1.02 for Q3 (May 31, 2026), compared with $0.40 in the year-ago quarter; YoY change 155.0%.

Business Highlights

  • Net revenues rose 35% year-over-year for the quarter, led by strong investment banking and equities performance.
  • Investment banking advisory and equity underwriting gained share, producing record advisory fees and increased equity issuance activity.
  • Equities and prime services achieved record quarterly and six-month revenues, reflecting market share gains and expanded client flows.
  • Management noted tightened liquidity and cash capital management, maintaining a strong LCR-style liquidity buffer and stress-tested MLO coverage.

Original SEC Filing:

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