Posts tagged: #investment-banking

• Jefferies (JEF) Q1 2026 Earnings: Record Investment Banking Quarter Undermined by One-Time Charges

  Jefferies posted $2.02B in Q1 2026 revenue, up 26.6% YoY, with a record IB quarter of $1.02B (+45%). But a $36M goodwill write-down and legacy asset losses dragged GAAP EPS to $0.70 — well below the $0.91 estimate. The stock, already down 45% from its highs, now trades at just 13x forward earnings.

  Published: Thu Mar 26 2026 stocks