The Investor
29 Sep 2025, 20:43
Jefferies reported strong third-quarter 2025 results, with net earnings attributable to common shareholders rising to $224 million from $167 million a year earlier. Diluted EPS from continuing operations was $1.01, up from $0.72 in Q3 2024. Total net revenues climbed to $2.05 billion from $1.68 billion, driven by record investment banking advisory results, robust equities performance, and improved asset management revenues.
Return on adjusted tangible shareholders’ equity improved to 13.6% from 10.3% a year ago. Book value per share increased to $50.60, while adjusted tangible book value per fully diluted share rose to $33.38.
The Board declared a quarterly cash dividend of $0.40 per share, payable November 26, 2025. Management noted that a rebound in global market sentiment, coupled with Jefferies’ expanded talent base, global reach, and product offerings, has strengthened the firm’s position for long-term growth.
Return on adjusted tangible shareholders’ equity improved to 13.6% from 10.3% a year ago. Book value per share increased to $50.60, while adjusted tangible book value per fully diluted share rose to $33.38.
The Board declared a quarterly cash dividend of $0.40 per share, payable November 26, 2025. Management noted that a rebound in global market sentiment, coupled with Jefferies’ expanded talent base, global reach, and product offerings, has strengthened the firm’s position for long-term growth.
