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B. Riley Financial, Inc. - RILY STOCK NEWS

Welcome to our dedicated page for B. Riley Financial news (Ticker: RILY), a resource for investors and traders seeking the latest updates and insights on B. Riley Financial stock.

Overview

B. Riley Financial, Inc. (symbol: RILY) is a diversified financial services firm offering a wide range of solutions including investment banking, capital advisory, and financial consulting services. The firm operates through several wholly-owned subsidiaries and affiliated entities to deliver comprehensive support in areas such as wealth management, corporate restructuring, risk and compliance, forensic accounting, litigation support, as well as asset disposition and valuation. With its robust, cross-platform expertise, B. Riley Financial provides tailored, full-service solutions to public and private companies, institutional clients, and high-net-worth individuals across the United States, Canada, and Europe.

Core Business and Services

B. Riley Financial leverages its integrated platform to serve clients at every stage of the business life cycle. The company’s operations are segmented into key areas that include:

  • Capital Markets: Involves investment banking, underwriting, and strategic advisory services that support capital raising and restructuring efforts.
  • Wealth Management: Offers tailored investment management solutions and financial planning services designed for institutional investors and high-net-worth individuals.
  • Financial Consulting: Provides forensic accounting, litigation support, risk management, and valuation and appraisal services.
  • Auction and Liquidation: Manages asset dispositions, including auction and liquidation services with comprehensive valuation analyses.
  • Communications and Consumer Products: Extends into areas such as internet access and subscription-based services, complementing its core offerings.

Business Model and Market Position

The company’s robust business model is built on leveraging the diverse expertise of its subsidiaries to offer end-to-end financial solutions. B. Riley Financial generates revenue through a mix of advisory fees, transactional services, underwriting activities, and proprietary investments. Operating across multiple segments, the firm not only meets traditional capital raising needs but also provides specialized advisory in distressed asset situations, complex restructurings, and forensic investigations. This diversified approach enables the company to deliver uncorrelated free cash flow and maintain a resilient balance sheet, even amid market fluctuations.

Expertise and Industry Approach

B. Riley Financial is known for its collaborative, client-focused approach that benefits from decades of industry-specific experience and technical proficiency. The firm’s strategic differentiation comes from its ability to integrate services across investment banking, wealth management, and advisory platforms, ensuring that clients receive comprehensive financial solutions. The emphasis on due diligence, risk and compliance, and forensic accounting underlines the company’s commitment to robust analytical practices and transparency, which are critical in complex financial transactions.

Subsidiaries and Operational Structure

The company operates through a portfolio of subsidiaries that specialize in different areas of the financial services landscape. This structure includes teams focused on capital management, independent broker-dealer operations, and niche advisory services that address asset monetization, restructuring, and valuation. Such a configuration allows for a tailored, flexible approach to meet the varied strategic, operational, and financial needs of its clients. Through its subsidiary B. Riley Securities, for instance, the company has cemented its reputation in the middle market, offering specialized services in equity research and capital structure advisory.

Competitive Landscape and Value Proposition

In a competitive financial services market, B. Riley Financial distinguishes itself by blending traditional investment banking with innovative advisory solutions. The firm’s integrated service model is backed by extensive experience, which enables it to manage both routine and complex financial situations. This capability is particularly beneficial to middle-market companies seeking diversified support without the need for multiple service providers. By maintaining a focus on core financial operations while opportunistically investing in non-traditional assets, B. Riley Financial offers a nuanced, resilient platform that adapts to evolving market dynamics.

Client Focus and Service Excellence

The firm serves a broad spectrum of clients—from rapidly growing middle-market companies and established corporations to high-net-worth individuals seeking capital management and estate planning solutions. Its long history in the industry is a testament to its discipline in managing client relationships, mitigating risk, and executing complex transactions in environments that demand both agility and precision. With a transparent and unbiased approach, B. Riley Financial reinforces investor confidence and demonstrates its commitment to high standards of corporate governance and fiduciary responsibility.

Conclusion

B. Riley Financial, Inc. remains a significant player in the financial services sector by consistently providing integrated, cross-platform financial solutions tailored to diverse client needs. Its methodical approach to capital markets, wealth management, and comprehensive advisory services makes it a reliable partner for entities seeking both stability and extensive industry know-how. The company’s endurance in addressing capital, operational, and strategic challenges underscores its enduring value proposition in an increasingly complex financial environment.

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B. Riley Securities announces sponsors for its Annual Institutional Investor Conference on May 22-23, 2024, featuring over 200 companies from various sectors. The event will host 1,000 attendees and offer networking opportunities through fireside discussions and panels.
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B. Riley Financial, Inc. announces the retention of Moelis & Company LLC as an independent financial advisor to explore strategic alternatives for its Appraisal and Valuation Services, and Retail, Wholesale & Industrial Solutions businesses. The businesses, collectively known as Great American Group, have shown significant revenue and operating income growth in fiscal year 2023. The potential sale or transaction could unlock greater value for shareholders.
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B. Riley Financial, Inc. (RILY) released preliminary unaudited financial results for the fourth quarter and full year ending December 31, 2023. Total revenues for Q4 2023 were $347 million with a net loss of $70 million. For the full year 2023, total revenues increased to $1.65 billion, but a net loss of $86 million was driven by a non-cash impairment charge. Operating adjusted EBITDA for the year was $368 million compared to $394 million in 2022.
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B. Riley Securities, a subsidiary of B. Riley Financial, will host a Radiopharma Investor Conference on March 1, 2024, in New York. The conference aims to showcase small and mid-cap companies specializing in life-saving radiotherapeutics and imaging agents. Industry experts will discuss clinical development, isotope manufacturing, drug development, and more.
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B. Riley Financial, Inc. affirms proper conduct in the management-led buyout of FRG. The Audit Committee's review found no involvement or knowledge of alleged misconduct by the Company or its executives. The Board reiterates confidence in the Company's integrity and commitment to shareholder interests.
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B. Riley Financial, Inc. (RILY) will announce Q4 and FY 2023 results on February 29, 2024. The earnings call will feature key executives discussing the performance, followed by a Q&A session with analysts and investors.
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B. Riley Financial, Inc. (RILY) announced the partial redemption of $115,492,400 aggregate principal amount of its 6.75% Senior Notes due 2024 on February 29, 2024, to satisfy obligations under its credit facility. The redemption price is 100% of the aggregate principal amount plus any accrued and unpaid interest up to the Redemption Date. The remaining $25.0 million aggregate principal amount of Notes will continue to accrue interest until the Maturity Date, which is May 31, 2024, when it is anticipated that the remaining Notes will be repaid.
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B. Riley Financial, Inc. responds to Bloomberg News article with a statement on January 22, 2024. The Firm clarifies its position in response to the inquiry made by a reporter from Bloomberg News on January 21, 2024.
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B. Riley Financial, Inc. (RILY) declares cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (RILYL). Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share. The 6.875% Series A Preferred Stock cash dividend equals $0.42968750 per depositary share, and the 7.375% Series B Preferred Stock cash dividend equals $0.4609375 per depositary share.
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Core Scientific, Inc. (OTC: CORZQ) has announced the pre-payment of the outstanding balance on the debtor-in-possession financing package provided by B. Riley Financial (NASDAQ: RILY). The company retains access to the full $35 million of available funding under the DIP financing package and maintains a strong liquidity position heading towards emergence, targeted for mid to late-January 2024.
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FAQ

What is the current stock price of B. Riley Financial (RILY)?

The current stock price of B. Riley Financial (RILY) is $3.17 as of April 7, 2025.

What is the market cap of B. Riley Financial (RILY)?

The market cap of B. Riley Financial (RILY) is approximately 106.4M.

What are the core business segments of B. Riley Financial, Inc.?

The company operates in several segments including capital markets, wealth management, financial consulting, auction and liquidation services, and communications. These segments collectively address capital raising, advisory, and asset disposition needs.

How does B. Riley Financial generate revenue?

Revenue is generated through a mix of advisory fees, transactional services, underwriting activities, and proprietary investments. The diversified service model reduces reliance on any single revenue source.

What distinguishes B. Riley Financial's approach in the financial services industry?

Its integrated, cross-platform approach allows the firm to offer tailored solutions that combine traditional investment banking with modern advisory practices. This synergy enhances risk management and service customization.

Who are the primary clients of B. Riley Financial?

The firm serves corporate, institutional, and high-net-worth clients. Its client base includes both public and private companies, as well as investors seeking comprehensive wealth management and financial advisory services.

What role do its subsidiaries play in the business model?

Subsidiaries such as B. Riley Securities and various advisory arms specialize in specific financial services areas. They enable the company to deliver full-service solutions, enhancing its operational agility and market responsiveness.

In which geographic regions does B. Riley Financial operate?

The company primarily operates in the United States, Canada, and Europe, providing a wide array of financial services that cater to diverse market conditions across these regions.

How does the firm manage risk and ensure service quality?

B. Riley Financial emphasizes rigorous due diligence, risk and compliance protocols, and forensic accounting practices to maintain high service standards. This disciplined approach reinforces trust and transparency with its clients.

What is the competitive advantage of B. Riley Financial?

Its ability to integrate extensive financial advisory services with innovative transaction execution sets it apart. The company’s comprehensive service model and focus on the middle market provide a unique value proposition to its clients.
B. Riley Financial, Inc.

Nasdaq:RILY

RILY Rankings

RILY Stock Data

106.43M
16.22M
47.08%
25.69%
32.26%
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