Jefferies Financial Group reported second quarter net revenues of $2.21 billion, with net earnings attributable to common shareholders of $226 million and diluted earnings per share of $1.02. Investment banking net revenues reached a quarterly record of $1.21 billion, up 57% from the prior year quarter, driven by advisory and equity underwriting. Equities net revenues also set a quarterly record at $601 million, up 14%, while fixed income net revenues rose 12% to $199 million. The board declared a quarterly cash dividend of $0.40 per share and increased the share buyback authorization to $250 million after repurchasing 4.0 million shares for $197 million during the quarter. CEO Richard Handler and President Brian Friedman cited strong momentum and market position, expecting further growth in the second half of 2026.
Jefferies Financial Group IncRecord investment banking and equities revenues, increased buyback authorization, and raised dividend.