Siebert Financial

Siebert Financial Corp. is bank holding company, which provides brokerage and financial advisory services. It conducts the following lines of business through its wholly-owned subsidiaries: Retail Brokerage Business, Investment Advisory Services, Insurance Services, Robo-Advisory Technology Development, and Prime Brokerage Services. The company was founded in 1934 and is headquartered in New York, NY.

Earnings data Q4 2023

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MIAMI & SEOUL, South Korea--(BUSINESS WIRE)---- $Nasdaq #Nasdaq--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”) and Kakaopay Corporation (KOSPI: 377300) (“Kakao Pay”) today announced that they have entered into a mutual agreement to terminate the previously announced Second Tranche Stock Purchase Agreement that they entered into on April 27, 2023 (the “SPA”). The parties have terminated the SPA after reaching a compromise regarding their disagreement over, among other things, the occurrence of a “Purchaser Mat.

Siebert Financial and Kakao Pay Mutually Agree to Terminate Stock Purchase Agreement

NEW YORK--(BUSINESS WIRE)---- $Nasdaq #Nasdaq--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights Revenue of $18.1 million compared to $14.3 million in the third quarter of 2022 Net income available to common stockholders of $2.8 million compared to $1.1 million in the third quarter of 2022 Earnings per share of $0.07 compared to $0.03 in the third.

Siebert Reports Third Quarter 2023 Financial Results

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NEW YORK--(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, 2023. Second Quarter 2023 Financial Highlights Revenue of $17.6 million compared to $11.7 million in the second quarter of 2022 Net income available to common stockholders of $2.7 million compared to $0.7 million in the second quarter of 2022 Earnings per share of $0.07 compared to $0.02 in the second.

Siebert Reports Second Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today announced that John J. Gebbia has been appointed as Chairman of the Board and Chief Executive Officer of Siebert, effective 5/24/23, the appointment of Simon Shin to Siebert's Board of Directors, and the close of Kakao Pay's $17.4 million investment in Siebert. Background on John J. Gebbia John J. Gebbia brings decades of leadership experience and expertise in the f.

Siebert Announces Chairman and CEO Appointment, New Board Member, and Close of Kakao Pay's $17.4 Million Investment in Siebert

NEW YORK--(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, 2023. First Quarter 2023 Financial Highlights Revenue of $16.2 million compared to $10.3 million in the first quarter of 2022 Pretax income* of $4.4 million compared to a pretax loss* of $1.4 million in the first quarter of 2022 Net income available to common stockholders of $3.2 million compared to ne.

Siebert Achieves Strong 2023 Q1 Results

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NEW YORK & SEOUL, South Korea--(BUSINESS WIRE)---- $Nasdaq #Nasdaq--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”) today announced that it has entered into an agreement to issue shares in Siebert to Kakao Pay Corp. (“Kakao Pay”), a fintech subsidiary of Korean-based conglomerate Kakao Corp. Kakao Pay announced an agreement to purchase a 19.9% stake of Siebert of newly issued shares for approximately $17 million on April 27, 2023, and subject to shareholder and regulatory approval, Kakao Pay will acquire an add.

Global Fintech Innovator Kakao Pay Makes Investment In Siebert Financial Corp.

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a diversified provider of financial services, today reported financial results for the fourth quarter and full year ended December 31, 2022. Full Year 2022 Financial Highlights Revenue of $50.1 million compared to $67.5 million in 2021 Pretax loss* of $4.3 million compared to pretax income of $6.8 million in 2021 Siebert achieved pretax income of $4.3 million in 2022 excluding certain non-operating expenses of $4.

Siebert Reports Fourth Quarter and Full Year 2022 Financial Results

NEW YORK--( BUSINESS WIRE )--Siebert Financial Corp. (NASDAQ: SIEB ) (“Siebert”), a mission-driven provider of financial services, today reported financial results for the third quarter ended September 30, 2022.

Siebert Reports Third Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a mission-driven provider of financial services, today reported financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights Revenue of $11.7 million compared to $16.8 million in the second quarter of 2021 Operating loss* of $0.5 million compared to operating income of $1.9 million in the second quarter of 2021 Net income available to common stockholders of $0.7 million compa

Siebert Reports Second Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a mission-driven provider of financial services, today reported financial results for the first quarter ended March 31, 2022. Recent Business Highlights Approval of Correspondent Clearing Services: Siebert to provide correspondents such as institutional and online broker-dealers, registered investment advisors and other asset managers with correspondent clearing services. Siebert anticipates this service to be launch

Siebert Reports First Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a mission-driven provider of financial services, today reported financial results for the full year ended December 31, 2021. Full Year 2021 Financial Highlights Revenue of $67.5 million, up 23% from the prior year period Operating income of $6.8 million, up 111% from the prior year period Operating margin of 10.0%, an improvement compared to 5.8% in the prior year period Net income of $5.0 million, up 69% from the pr

Siebert Reports Fourth Quarter and Full Year 2021 Financial Results

NEW YORK--(BUSINESS WIRE)--RISE Financial Services, LLC, (“RISE Financial”), a subsidiary of Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, today announced that it has completed the acquisition of a 20% equity stake in Hedge Connection Inc (“Hedge Connection”), the only woman-owned FinTech company offering a patented enterprise capital introduction SaaS solution through its product Fintroz. As part of the transaction, RISE Financial acquired the right to p

RISE Financial Services, LLC, a Subsidiary of Siebert, Purchases Minority Stake in Hedge Connection Inc., A Woman-Owned and Patented FinTech Company Providing Capital Introduction Solutions

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, today announced that it has completed the purchase of an office building located at 653 Collins Avenue in Miami Beach, Florida. The purchase reflects Siebert's ongoing commitment to expand in the Greater Miami area and the location will serve as the primary operations of RISE Prime (“RISE”), a division of RISE Financial Services, LLC, which specializes in offering a comprehensive sui

Siebert Purchases Office Building in Miami to Expand Key Operations

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, and Tigress Financial Partners (“Tigress”), the nation's only disabled and woman-owned broker-dealer, today confirmed the completion of their previously announced transaction, and the creation of RISE Financial Services, LLC, (“RISE Financial”) a woman-owned, diverse financial services firm. Siebert's subsidiary, WPS Prime Services, LLC is rebranded to RISE Financial Services, LLC an

Siebert and Tigress Launch RISE Financial Services, a Woman-owned, Diverse Financial Services Firm

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, today announced results for the third quarter ended September 30, 2021. Third Quarter 2021 Financial Highlights Revenue of $17.1 million, up 36% from the prior year period Pre-tax income of $1.1 million, up 1,095% from the prior year period Pre-tax margin of 6.7%, an improvement compared to 0.8% in the prior year period Earnings per share of $0.03 increased from $0.02 in the prior ye

Siebert Reports Third Quarter 2021 Financial Results

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, has appointed Gateway Group, Inc., a leading strategic financial communications and capital markets advisory firm, to manage its expanded investor relations program initiatives, including providing corporate messaging and other consulting services to the company. Gateway will work closely with Siebert management to develop and deploy a comprehensive outreach and communications progra

Siebert Partners with Gateway to Lead Expanded Investor Relations Program

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, today announced that it has signed a non-binding letter of intent with Tigress Holdings, LLC whereby Siebert will purchase 24% of the outstanding membership interests in Tigress Financial Partners (“Tigress”). Tigress is the nation's only disabled and woman-owned financial services firm providing institutional and high net worth investors with expertise in investment banking, capital

Siebert to Acquire Stake in Leading Diversity Broker, Tigress Financial Partners

NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, today announced results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights Revenue of $16.8 million, up 33% from the prior year period Pre-tax income of $1.9 million, up 291% from the prior year period Pre-tax margin of 11.4%, an improvement compared to 3.9% in the prior year period Earnings per share of $0.05 increased from $0.02 in the prior year p

Siebert Reports Second Quarter 2021 Financial Results

NEW YORK--(BUSINESS WIRE)---- $Nasdaq #Nasdaq--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, today announced great results for the first quarter of 2021, reporting revenue of $18.9 million, an increase of 28% from the first quarter of 2020. In addition, operating income was $3.0 million and basic and diluted earnings per share was $0.07. Gloria E. Gebbia, controlling shareholder and board member of Siebert, commented on the results of the quarter saying, “We are incredibly e

Siebert Reports Strong Results for the First Quarter of 2021

The stock price of Siebert Financial Corp. (NASDAQ: SIEB) has increased by over 40% pre-market. This is why it happened.

SIEB Stock Price Increases Over 40% Pre-Market: Why It Happened

NEW YORK--(BUSINESS WIRE)---- $Nasdaq #Nasdaq--Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”), a provider of financial services, today announced results for the full year of 2020, reporting revenue of $54.9 million, net income of $3.0 million, and basic and diluted earnings per share of $0.10. Gloria E. Gebbia, controlling shareholder and board member of Siebert, commented on the results of the year saying, “We are excited to see our strategic acquisitions and new revenue streams driving growth for our company

Siebert Reports 2020 Year End Results

Shares of Siebert Financial skyrocketed some 200% on Friday as of 1:04 PM EST amid a spike to record volume. More than 27 million shares have traded hands on the day, easily surpassing the three-month daily volume average of 24,653 shares. While som reports have pegged the move to the WallStreetBets phenomenon, there is comparatively little chatter on the forum.

Siebert Financial spikes over 200% on record trading volume (SIEB)

The stock price of Siebert Financial Corp. (NASDAQ: SIEB) increased over 398% today in intraday trading. This is why it happened.

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