Jefferies Announces Third Quarter 2026 Financial Results

Quarterly Record Investment Banking and Equities Net Revenues

Q3 Financial Highlights $ in thousands, except per share amountsQuarter EndYear-to-Date 3Q263Q2520262025 Net earnings attributable to common shareholders$ 260,578$ 223,986$ 639,666$ 439,912 Diluted earnings per voting common share$ 1.08$ 1.01$ 2.79$ 1.98 Return on adjusted tangible shareholders' equity(1)13.5 %13.6 %12.9 %9.3 % Total net revenues$ 2,221,934$ 2,047,432$ 6,445,515$ 5,274,898 Investment banking net revenues$ 1,331,423$ 1,135,325$ 3,555,536$ 2,602,324 Capital markets net revenues$ 802,178$ 723,382$ 2,380,226$ 2,125,821 Asset management net revenues$ 85,635$ 176,882$ 493,615$ 523,218 Pre-tax earnings$ 351,038$ 331,815$ 878,803$ 617,781 Book value per common share(17)$ 46.55$ 50.60$ 46.55$ 50.60 Adjusted tangible book value per fully diluted share(3)$ 35.21$ 33.38$ 35.21$ 33.38