Jefferies Financial Group (JEF) Company Report

Pomerantz LLP is investigating Jefferies Financial Group for potential securities fraud and unlawful business practices.
The investigation is linked to Jefferies' exposure to the bankrupt auto supplier First Brands, with Jefferies' asset-management unit, Point Bonita Capital, reportedly owed around $715 million.
Both the U.S. Department of Justice and the U.S. Securities and Exchange Commission (SEC) are conducting inquiries, with the SEC specifically investigating Jefferies regarding disclosures to investors about its First Brands exposure.
Jefferies reported a $30 million loss tied to the collapse of First Brands, which contributed to multiple significant drops in its stock price.

1 day ago

Press Release

Jefferies Announces Board Nomination from SMBC Group Amid Deepening Alliance

JEF

Board Change

M&A

New Projects/Investments

Yoshihiro Hyakutome, Deputy President, Executive Officer, and Co-Head of Global Business Division at SMBC Group, has been nominated to join the Jefferies Board of Directors, replacing Toru Nakashima.
This nomination is part of the deepening global strategic alliance between Jefferies and SMBC Group.
SMBC Group plans to increase its economic ownership in Jefferies to a maximum of 20% by acquiring approximately 13 million additional Jefferies common shares in the open market, as previously announced on September 19, 2025, and subject to regulatory approvals.
A joint venture for Japanese equities between the two companies is scheduled to commence operations in January 2027.

Feb 12, 2026, 7:02 PM

Press Release

Jefferies announces SMBC Group's Yoshihiro Hyakutome nominated to Board

JEF

Board Change

New Projects/Investments

M&A

Yoshihiro Hyakutome of SMBC Group has been nominated to join the Jefferies Board of Directors, succeeding Toru Nakashima.
This nomination further deepens the global strategic alliance between Jefferies and SMBC Group, aligning with their planned Japan equities joint venture launch in January 2027.
SMBC Group intends to increase its economic interest in Jefferies to a maximum of 20% by acquiring approximately 13 million additional common shares in the open market, subject to regulatory approvals.
SMBC's voting interest in Jefferies will continue to remain below 5%.

Feb 12, 2026, 7:02 PM

Press Release

Fox Factory Announces Board Refresh and Cooperation Agreement with Engine Capital

JEF

Board Change

Management Change

Proxy Vote Outcomes

Fox Factory Holding Corp. has entered into a cooperation agreement with Engine Capital and will undertake a strategic board refresh following discussions to enhance operational performance and profitability.
The company will appoint two new independent directors, including Alan L. Bazaar, and form a Board-level Transformation Committee to oversee operational improvement initiatives targeting enhanced profitability, working capital efficiency, and disciplined capital allocation.
Ted Waitman and Dudley Mendenhall, the Company’s Chairman, will retire from the Board effective at the 2026 annual meeting of stockholders.

Feb 9, 2026, 9:05 PM

Press Release

Jefferies Advises Quinbrook on Flexitricity Sale to Drax

JEF

M&A

Quinbrook sold its Flexitricity energy optimisation business to Drax Smart Generation HoldCo Limited for expected total sale proceeds of approximately £42 million.
Jefferies acted as the lead financial advisor to Quinbrook for this transaction.
The sale price includes an enterprise valuation of £36 million plus an estimated net working capital and cash adjustment of approximately £6 million.

Jan 21, 2026, 7:12 AM

Press Release

Jefferies Strategist Reallocates Bitcoin Holdings Due to Quantum Computing Concerns

JEF

New Projects/Investments

Jefferies strategist Christopher Wood removed the 10% Bitcoin allocation from his Greed & Fear model portfolio.
This reallocation was driven by concerns that advances in quantum computing could undermine Bitcoin's public-key security, affecting its store-of-value case for institutional investors.
The removed Bitcoin allocation was reallocated to 5% physical gold and 5% gold-mining equities.
Wood's decision reflects a portfolio-construction choice based on evolving technology risk, highlighting that quantum risk is now entering mainstream institutional asset-allocation discussions.
Some analyses suggest 20–50% of circulating BTC could be exposed to quantum threats, with Coinbase identifying about 6.5 million BTC in older, potentially at-risk formats.

Jan 16, 2026, 7:53 AM

Bloomberg

Jefferies Financial Group Inc. announces pricing of $1.5 billion senior notes offering

JEF

Debt Issuance

Jefferies Financial Group Inc. (JEF) announced the pricing of its public offering of $1.5 billion aggregate principal amount of 5.500% Senior Notes due 2036 on January 13, 2026.
The notes have an effective yield of 5.605% and are scheduled to mature on February 15, 2036.
The offering is expected to settle on January 16, 2026, with the net proceeds intended for general corporate purposes.

Jan 13, 2026, 10:49 PM

8-K

Jefferies Financial Group Reports Q4 and Full Year 2025 Results, Expands SMBC Alliance, and Announces New Investment

JEF

Earnings

M&A

New Projects/Investments

Jefferies Financial Group reported $7.3 billion in Net Revenues and $631 million in Net Earnings for the full year 2025. Investment Banking net revenues increased 10% to $3.8 billion in 2025, including a record $1.2 billion in the fourth quarter.
The company significantly expanded its Global Strategic Alliance with Sumitomo Mitsui Banking Corporation (SMBC), which plans to increase its equity ownership in Jefferies to up to 20% and provide $2.5 billion in new credit facilities. A joint venture in Japan for equities and ECM businesses is set to begin in January 2027.
Jefferies agreed to acquire a 50% interest in Hildene Holding Company, LLC, a credit-focused asset manager with over $18 billion of assets under management, which is also acquiring SILAC Inc..

Jan 7, 2026, 9:36 PM

8-K

Jefferies Financial Group Inc. Announces Fourth Quarter and Full Year 2025 Financial Results

JEF

Earnings

Dividends

Share Buyback

Jefferies Financial Group Inc. reported total net revenues of $2.07 billion for Q4 2025.
For Q4 2025, net earnings attributable to common shareholders were $191 million, resulting in diluted earnings per common share from continuing operations of $0.87.
Adjusted net earnings attributable to common shareholders for Q4 2025 were $213 million, or $0.96 per adjusted diluted share.
Investment Banking net revenues for Q4 2025 increased 20% to $1.19 billion, and Capital Markets net revenues increased 6% to $692 million compared to the prior year quarter.
The Board of Directors declared a quarterly cash dividend of $0.40 per common share, payable on February 27, 2026. The company also repurchased 0.7 million shares of common stock for $59 million in fiscal year 2025.

Jan 7, 2026, 9:17 PM

8-K

Jefferies Announces Fourth Quarter 2025 Financial Results

JEF

Earnings

Dividends

Revenue Acceleration/Inflection

Jefferies Financial Group reported net earnings attributable to common shareholders of $190.89 million and diluted earnings per common share from continuing operations of $0.87 for the fourth quarter of 2025.
Total net revenues for Q4 2025 were $2.07 billion, with Investment Banking net revenues increasing 20% to $1.19 billion and Capital Markets net revenues increasing 6% to $692 million compared to the prior year quarter.
The company's Board of Directors declared a quarterly cash dividend of $0.40 per common share, payable on February 27, 2026, to record holders on February 17, 2026.
Adjusted diluted earnings per common share from continuing operations for Q4 2025 were $0.96, with an adjusted return on adjusted tangible shareholders' equity of 12.9%.