Siebert Financial Corp. reported a significant increase in its first-quarter 2025 financial results, with total revenue rising 41% year-over-year to $28.92 million, up from $20.46 million in Q1 2024. Operating income increased to $10.50 million from $5.10 million in the prior-year period.
Net income available to common stockholders more than doubled to $8.66 million, compared to $3.69 million in Q1 2024, resulting in basic and diluted earnings per share of $0.22, up from $0.09. The primary driver of this revenue surge was a $9.23 million unrealized gain from an Investment in Equity Security.
This equity investment was acquired via private placement in a company that completed an IPO on March 31, 2025. Other revenue streams also showed growth, with stock borrow stock loan revenue increasing 18% to $4.84 million and advisory fees growing 53% to $748,000.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.