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Jefferies Financial Group (JEF) investor relations material
Jefferies Financial Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly net revenues of $2.21 billion, up 35% year-over-year, with net earnings attributable to common shareholders of $226 million and diluted EPS of $1.02 for Q2 2026.
Return on adjusted tangible shareholders' equity reached 12.8% for the quarter, reflecting strong business momentum.
Repurchased 4.0 million shares for $197 million and declared a $0.40 per share dividend.
Financial highlights
Total net revenues for Q2 2026 were $2.21 billion, compared to $1.63 billion in Q2 2025.
Net earnings attributable to common shareholders rose to $226 million from $88 million year-over-year.
Diluted EPS increased to $1.02 from $0.40 year-over-year.
Book value per common share was $51.95; adjusted tangible book value per fully diluted share was $34.55.
Effective tax rate decreased to 20.8% from 32.3% in the prior year quarter.
Outlook and guidance
Management expects to build on current momentum, citing a strong backlog and new business bookings for the second half of 2026.
The acquisition of 50% of Hildene is targeted for Q3 2026 and is expected to be immediately accretive.
- Reports strong liquidity, low leverage, and $7.8B in annual net revenues with stable credit ratings.JEF
Corporate presentation24 Jun 2026 - Record earnings and revenues driven by investment banking and equities; Tessellis sale agreed.JEF
Q1 20267 Apr 2026 - Shareholders will vote on directors, executive pay, auditor, and a key capital structure amendment.JEF
Proxy Filing23 Feb 2026 - 2026 proxy details strong results, SMBC alliance expansion, and key governance proposals.JEF
Proxy Filing11 Feb 2026 - SMBC Group to boost stake and nominate Hyakutome to board as alliance with Jefferies deepens.JEF
Proxy Filing11 Feb 2026 - Record market share, revenue growth, and capital returns drive strong future momentum.JEF
Investor Meeting19 Jan 2026 - Strong Investment Banking and Equities growth drove Q4 results, offset by Point Bonita loss.JEF
Q4 20257 Jan 2026 - 2024 saw record growth, top-tier TSR, and strong governance, with key votes at the annual meeting.JEF
Proxy Filing1 Dec 2025 - SMBC can raise its Jefferies stake to 20% via non-voting shares, plus new joint ventures and credit facilities.JEF
Proxy Filing1 Dec 2025
Next Jefferies Financial Group earnings date
Next Jefferies Financial Group earnings date
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