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MIAMI and NEW YORK, May 15, 2026 (GLOBE NEWSWIRE) -- Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today announced financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operational Highlights Total revenue was $23.5 million for the first quarter of 2026. Stock borrow/stock loan revenue increased 41% to $6.8 million, compared to $4.8 million in the first quarter of 2025. Advisory fees increased 35% to $1.0 million, compared to $0.7 million in the first quarter of 2025. Commissions and fees increased 11% to $2.3 million, compared to $2.1 million in the first quarter of 2025. Investment banking revenue was $1.6 million, adding to Siebert’s diversified revenue mix. Retail customer net worth was $18.8 billion at quarter's end. Net loss was $2.0 million, compared to net income of $8.7 million in the first quarter of 2025.* Basic and diluted loss per share was $0.05, compared to basic and diluted earnings per share of $0.22 in the first quarter of 2025.* For the three months ended March 31, 2026, Siebert’s results compared to the prior-year period reflected continued growth across core business lines, including stock borrow/stock loan and investment banking, offset by lower interest-related revenue, higher operating expenses, impairment of goodwill and an intangible asset related to our Media, Sports, and Entertainment divisions, as well as the $9.2 million unrealized gain recognized during the prior-year period related to our pre-IPO investment in restricted equity securities of a U.S. company that completed an IPO on March 31, 2025. *The year-over-year comparison was affected by the $9.2 million non-cash unrealized gain recorded in the first quarter of 2025 on the restricted equity securities investment. Following the expiration of contractual resale restrictions on the equity securities, Siebert sold the majority of its position and recognized a net gain of $2.4 million related to the investment. First Quarter 2026 and Recent Business Highlights Siebert Financial and Newsmax expanded their strategic partnership through financial programming and a national advertising campaign designed to bring Siebert’s financial expertise, brand, and services to Newsmax’s national audience. Additionally, Siebert professionals are expected to appear in dedicated financial programming on...

MIAMI, August 12, 2025--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) ("Siebert"), a diversified provider of financial services, today reported financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Financial and Operational Highlights* Adjusted Revenue** was $21.7 million, compared to revenue of $20.9 million in the second quarter of 2024 Realized a $2.4 million year-to-date total gain from an investment in an equity security, which Siebert acquired in connection with a private placement from a private U.S. company. The transition from a $9.2 million unrealized gain in the first quarter of 2025 to a $6.8 million loss in the second quarter of 2025 impacted the results of the first and second quarter of 2025. Adjusted Operating Income** was $1.0 million, compared to operating income of $5.6 million in the second quarter of 2024, primarily due to the additional investment in new personnel related to technology initiatives and expansion into new business lines such as investment banking and servicing active trader customers. Stock borrow/stock loan revenue was $7.5 million, compared to $4.7 million in the second quarter of 2024, reflecting meaningful growth in this business line Second Quarter 2025 and Recent Business Highlights Added to the Russell 2000 Index, enhancing visibility with institutional investors Invested $2.0 million in IQvestment Holdings ("FusionIQ"), a cloud‑native digital wealth management platform Gebbia Media (a subsidiary of Siebert) acquired Big Machine Rock, expanding Siebert’s presence in the music industry Launched Gebbia Media’s Sports Division, providing holistic financial, tax, brand, wealth advisory services and financial literacy to elite athletes Introduced "Tactical Wealth" podcast through Gebbia Media, featuring military and veteran financial success stories, strengthening the bond with the military and veteran community. Rolled out the "Generation Wealth" marketing campaign via Gebbia Media to engage Generation Z investors with influencer‑driven, AI‑enhanced content Management Commentary* "The second quarter reflected continued progress across our strategic initiatives, as we strengthened our long‑term growth platform with investments in technology and digital wealth management, and expanded our reach through new media, sports, and entertainment offerings," said John J. Gebbia, Chairman and...

Earnings season is in full swing, and Wall Street has a clear message to companies: Good just isn't good enough. That growing thesis comes into even sharper focus this week, which sees Alphabet (GOOG) and Tesla (TSLA) set to report on Wednesday — the first of the "Magnificent Seven" results this quarter. Market action last week reinforced the message, with big banks like JPMorgan (JPM) and Bank of America (BAC) ending the week with muted gains despite solid earnings and a message of consumer resilience. Netflix (NFLX), which currently trades at roughly 40 times forward earnings, a steep premium to the broader market and even many of its tech peers, faced an even sharper reaction. Shares fell 5% on Friday despite the streaming giant reporting a beat on both the top and bottom lines and raising its full-year guidance. "An overall 'good' set of results and guide were not good enough for elevated expectations,” William Blair analyst Ralph Schackart wrote in a reaction to the Netflix report. That disconnect between performance and price reaction isn't isolated. As earnings season ramps up, the broader market is contending with elevated valuations and a growing sense that even strong results may not be enough to justify current levels. "The biggest risk right now is valuation," Brian Jacobsen, chief economist at Annex Wealth Management, told Yahoo Finance on Friday. "When we look at the fundamentals, I think that those will be improving. But how much are you paying for those fundamentals?" Companies entered this earnings season with lowered expectations, shaped by growing uncertainties around tariffs, policy, and the path of interest rates. According to FactSet, analysts initially projected just under 5% earnings growth for the S&P 500 (^GSPC) in the second quarter. That estimate rose to 5.6% on Friday as more companies reported stronger-than-expected results. If that number holds, it would still mark the slowest pace of profit growth since Q4 2023. So far, 83% of S&P 500 companies that have reported topped second quarter EPS estimates, above the five-year average of 78%. Still, the average earnings surprise of 7.9% lags the five-year norm of 9.1%. And with a relatively easy bar to clear, strategists warn that investors are showing little patience for any stumbles. "I expect that we're going to be seeing a lot of volatility," Jacobsen said. "Earnings misses are go...

MIAMI, May 13, 2025--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) ("Siebert"), a diversified provider of financial services, today reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Financial and Operational Highlights* Total revenue increased 41% to $28.9 million, compared to $20.5 million in the first quarter of 2024, primarily driven by an unrealized gain of $9.2 million related to an equity investment. The unrealized gain was recorded with respect to shares in a U.S private company that Siebert purchased prior to the issuer’s initial public offering, which shares were revalued following the initial public offering. These shares are currently subject to resale restrictions, and due to market volatility, including a significant decrease in price subsequent to March 31, 2025, and uncertainty around registration timing, the investment's fair value may significantly impact future financial results. Operating income increased 106% to $10.5 million, compared to $5.1 million in the first quarter of 2024, primarily driven by the unrealized gain from the equity investment. Stock borrow / stock loan increased by 18% to $4.8 million, compared to $4.1 million in the first quarter of 2024. Net income available to common stockholders increased 135% to $8.7 million, compared to $3.7 million in the first quarter of 2024, primarily driven by the unrealized gain from the equity investment. Recent Business Highlights Appointed Stefano Marrone as Chief Marketing Officer to oversee marketing for all divisions and drive initiatives that bridge entertainment and financial literacy for our clients. Appointed industry veteran Fredrick Scuteri as Chief Operating Officer of Muriel Siebert & Co., LLC ("MSCO") to oversee day-to-day operations, trading infrastructure, and platform modernization. Management Commentary* "The first quarter of 2025 was marked by continued investment in talent and our emerging business lines," said Chairman and CEO John J. Gebbia. This quarter reflects disciplined execution of our broader strategic vision, and we’re encouraged by the early signs of value being created through our investments in talent and innovation-driven initiatives. We are also excited to welcome industry veterans, Stefano Marrone as CMO and Fredrick Scuteri as COO of MSCO, to the Siebert family as they bring a wealth of experience and a...

Revenue: US$83.6m (up 17% from FY 2023). Net income: US$13.3m (up 70% from FY 2023). Profit margin: 16% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. EPS: US$0.33 (up from US$0.21 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Siebert Financial shares are up 12% from a week ago. Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Siebert Financial's balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Full-Year 2024 Revenue Up 17% to $83.9 Million; Earnings per Share Increased 57% to $0.33 MIAMI, March 31, 2025--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) ("Siebert"), a diversified provider of financial services, today reported financial results for the year ended December 31, 2024. Full Year 2024 Financial and Operational Highlights Revenue increased 17% to $83.9 million, compared to $71.5 million in 2023. Commissions and fees increased 32% to $9.6 million, compared to $7.3 in 2023. Stock borrow/stock loan increased by 19% to $19.2 million, compared to $16.2 million in 2023. Net income per share increased 57% to $0.33 per share, compared to $0.21 per share in 2023. Retail customer net worth increased 13% to $18.0 billion, compared to $15.9 billion at the end of 2023. 2024 Business Highlights Launched Siebert Investment Banking, led by seasoned capital markets professionals Ajay Asija and Kimberly Boulmetis, to serve middle-market clients and expand into high-growth sectors, including FinTech and digital assets. Appointed Randy Billhardt as Head of the newly launched Capital Markets Group to strengthen institutional market presence and drive retail growth. Strengthened Siebert Stock Plan Services by appointing Daniel Coyle and Hunter Sattich to the leadership team, enhancing its capacity to deliver tailored equity compensation solutions to underserved businesses. Launched Siebert.Valor, a fintech initiative led by former Navy Seal Kaj Larsen focused on empowering military service members, veterans, law enforcement, and first responders with customized financial education and investment services. Acquired Gebbia Media, a music and entertainment company, marking a strategic entry into the media and entertainment sectors. Appointed Four Star General (Ret.) Laura J. Richardson, former Commander of U.S. Southern Command, to the Advisory Board, adding decades of strategic leadership and global experience alongside other Advisory Board members such as international recording artist Akon, NFL Pro Brandon Marshall, Wall Street executives Mick Solimene and Steven Geskos. Management Commentary "2024 was a pivotal year for Siebert, highlighted by strong financial performance and meaningful progress in expanding our capabilities," said Chairman and CEO John J. Gebbia. "We invested in talent and launched new business lines—including investment banking, capi...