Jefferies Financial Group Inc 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedFebruary28, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission file number1-05721 Jefferies Financial Group Inc. (Exact name of registrant as specified in its charter) New York (State or other jurisdiction ofincorporation or organization) Registrant’s telephone number, including area code: (212)284-2300 Securities registered pursuant to Section 12(b) of the Act: New York Stock ExchangeNew York Stock ExchangeNew York Stock ExchangeNew York Stock ExchangeNew York Stock Exchange Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growcompany” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ The number of shares outstanding of each of the issuer’s classes of common stock atMarch 31, 2025was206,255,979. Jefferies Financial Group, Inc.Index toQuarterlyReport on Form 10-QFebruary28, 2025PART I. FINANCIAL INFORMATION Consolidated Statements of Earnings (Unaudited)............................................................................................................................3Consolidated Statements of Comprehensive Income (Unaudited)..................................................................................................4Consolidated Statements of Changes in Equity (Unaudited)............................................................................................................5Consolidated Statements of Cash Flows (Unaudited).......................................................................................................................6Notes to Consolidated Financial Statements (Unaudited)................................................................................................................8 Item2. Management’s Discussion and Analysis of Financial Condition and Results of Operations...............................................42Item3. Quantitative and Qualitative Disclosures About Market Risk....................................................................................................63Item4. Controls and Procedures..................................................................................................................................................................63 PART II. OTHER INFORMATION Item1. Legal Proceedings.............................................................................................................................................................................64Item1A. Risk Factors.....................................................................................................................................................................................64Item2. Unregistered Sales of Equity Securities and Use of Proceeds..................................................................................................64Item5. Other Information..............................................................................................................................................................................64Item6. Exhibits................................................................................................................................................................................................64 PART I. FINANCIAL INFORMATION Item1. Financial Statements. ConsolidatedStatements of Financial Condition(Unaudited) $ in thousands, except share and per share amounts AssetsCash and cash equivalents...............................................................................................................................................