Siebert Financial Q2 revenue more than doubles on growth in stock loan, investment banking units

Siebert Financial

11/08/2026 22:24

Overview
US financial services provider's Q2 revenue more than doubled yr/yr to $31.2 mln
Operating loss narrowed, aided by absence of prior-year equity investment losses
Company expanded platform with tokenized securities and cross-border market access collaborations

Outlook
Siebert did not provide specific financial guidance for the current or upcoming periods

Result Drivers
STOCK BORROW/STOCK LOAN - Revenue from stock borrow/stock loan rose 43% yr/yr to $10.8 mln
INVESTMENT BANKING - Investment banking revenue increased to $2.4 mln from $0.2 mln in the prior-year quarter
ABSENCE OF INVESTMENT LOSSES - Operating loss narrowed, aided by the absence of prior-year $6.8 mln equity investment losses

Company press release: ID:nGNX3kT7HQ

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$31.20 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)