Jefferies Financial Group Inc
For the period ended Nov 30, 2023. Filed Jan 26, 2024.
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FY2023 · Filed Jan 26, 2024
JEF$48.06-2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings
(In thousands, except per share amounts)
| Year Ended November 30, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenues | |||
| Investment banking | $2,169,366 | $2,807,822 | $4,365,699 |
| Principal transactions | 1,413,283 | 833,757 | 1,617,336 |
| Commissions and other fees | 905,665 | 925,494 | 896,015 |
| Asset management fees and revenues | 82,574 | 80,264 | 72,084 |
| Interest | 2,868,674 | 1,183,638 | 956,318 |
| Other | 1,837 | 1,318,288 | 1,038,012 |
| Total revenues | 7,441,399 | 7,149,263 | 8,945,464 |
| Interest expense | 2,740,982 | 1,170,425 | 931,638 |
| Net revenues | 4,700,417 | 5,978,838 | 8,013,826 |
| Non-interest expenses | |||
| Compensation and benefits | 2,535,272 | 2,589,044 | 3,554,760 |
| Floor brokerage and clearing fees | 366,702 | 347,805 | 301,860 |
| Underwriting costs | 61,082 | 42,067 | 117,572 |
| Technology and communications | 477,028 | 444,011 | 388,134 |
| Occupancy and equipment rental | 106,051 | 108,001 | 106,254 |
| Business development | 177,541 | 150,500 | 109,772 |
| Professional services | 266,447 | 240,978 | 215,761 |
| Depreciation and amortization | 112,201 | 172,902 | 157,420 |
| Cost of sales | 29,435 | 440,837 | 470,870 |
| Other expenses | 214,389 | 387,131 | 337,318 |
| Total non-interest expenses | 4,346,148 | 4,923,276 | 5,759,721 |
| Earnings before income taxes | 354,269 | 1,055,562 | 2,254,105 |
| Income tax expense | 91,881 | 273,852 | 576,729 |
| Net earnings | 262,388 | 781,710 | 1,677,376 |
| Net earnings (losses) attributable to noncontrolling interests | (14,846) | (2,397) | 3,850 |
| Net losses attributable to redeemable noncontrolling interests | (454) | (1,342) | (826) |
| Preferred stock dividends | 14,616 | 8,281 | 6,949 |
| Net earnings attributable to Jefferies Financial Group Inc. common shareholders | $263,072 | $777,168 | $1,667,403 |
| Earnings per common share: | |||
| Basic | $1.12 | $3.13 | $6.29 |
| Diluted | $1.10 | $3.06 | $6.13 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.