Jefferies Financial Group (JEF) Tops Q1 EPS by 26c

Go back to Jefferies Financial Group (JEF) Tops Q1 EPS by 26c

Jefferies Announces First Quarter 2022 Financial Results

March 28, 2022 5:42 PM EDT

NEW YORK--(BUSINESS WIRE)-- Q1 Financial Highlights

Net income attributable to common shareholders of $327 million, or $1.23 per diluted share Annualized return on adjusted tangible equity of 16.2%1 Total Investment Banking and Capital Markets and Asset Management Net Revenues of $1.54 billion Quarterly Investment Banking net revenues of $1.00 billion Combined Capital Markets net revenues of $480 million Asset Management net revenues (before allocated net interest2) of $74 million Repurchased 10.038 million shares of common stock for $364.2 million, or an average price of $36.28 per share, including 6.848 million shares of common stock in the open market... More