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Get filing alertsJefferies' net earnings attributable to common shareholders rose 26.7% to $283.9M in the fiscal third quarter, including a goodwill impairment of $58.2 million related to Tessellis.
Filed October 9, 2026 · Period ending August 31, 2026 · Compared to 10-Q Oct 9, 2025 · ~1 min read
Key Changes
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high
Net revenues increased 8.5% to $2.22B, with investment banking revenues up 19.8% to $1.30B and equities revenues up 21.0% to $385.2M.
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The effective tax rate fell to 17.9% from 26.9%, which the company attributes to the recognition of excess tax benefits associated with share-based awards, investment tax credits and lower state and local taxes.
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Asset Management segment revenues declined 34.7% to $164.0M, which the company attributes to lower results from Tessellis and HomeFed.
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 9, 2026 · How we verify