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Siebert Finl Corp - SIEB STOCK NEWS

Welcome to our dedicated page for Siebert Finl news (Ticker: SIEB), a resource for investors and traders seeking the latest updates and insights on Siebert Finl stock.

Siebert Financial Corp (NASDAQ: SIEB) is a well-established holding company with a history spanning over 45 years. Known for its conservative business principles and a steadfast commitment to safety, Siebert Financial serves a diverse clientele, including self-directed individual investors, corporate entities, and institutional clients. At the heart of its operations is Muriel Siebert & Co., Inc., a fully-owned subsidiary renowned for its exceptional personal service and proven performance in the financial sector.

As a comprehensive brokerage firm, Siebert Financial Corp offers a wide array of services. These include both online and traditional brokerage options, catering to retail investors who seek to manage their portfolios with flexibility and control. Additionally, the firm acts as an investment advisor through its subsidiary, providing expert guidance to help clients achieve their financial goals.

In the ever-evolving landscape of financial services, Siebert Financial Corp has expanded its offerings through various subsidiaries. These ventures encompass securities brokerage, asset management, insurance services, Robo-advisory technology, and Prime brokerage business. This diversification ensures that the company remains at the forefront of industry innovations while continuing to meet the diverse needs of its clientele.

Siebert Financial Corp is distinguished by its status as a certified Women’s Business Enterprise. This recognition underscores the company's commitment to inclusivity and excellence. Clients can expect the personalized attention of a boutique firm, combined with the stability and resources of a world-class brokerage. The company prides itself on offering one fair commission charge with no hidden fees, ensuring transparency and value for its clients.

For more information about Siebert Financial Corp and its extensive range of products and services, potential clients and investors are encouraged to visit www.siebertnet.com.

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Siebert Financial Corp. (NASDAQ: SIEB) reported its Q2 2022 results, showing a revenue decline to $11.7 million from $16.8 million in Q2 2021. The company posted an operating loss of $0.5 million compared to operating income of $1.9 million in the prior year. Net income dropped to $0.7 million, with earnings per share at $0.02, down from $0.05. Retail customer net worth declined to $13.8 billion. Despite these challenges, management remains confident in the growth strategy and ongoing modernization of offerings.

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Siebert Financial Corp. (NASDAQ: SIEB) reported its Q1 2022 results, highlighting a revenue drop to $10.3 million from $18.9 million in Q1 2021. The firm experienced an operating loss of $1.4 million compared to an operating income of $3.0 million last year. Net loss was $1.0 million, leading to a loss per share of $0.04. Despite these challenges, Siebert is expanding its services by launching correspondent clearing and hired FinTech leader Matthew Shatz to drive this initiative. The company anticipates benefiting from the rising interest rate environment in the upcoming quarters.

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Siebert Financial Corp. (NASDAQ: SIEB) reported a robust financial performance for the year ended December 31, 2021, with a 23% increase in revenue to $67.5 million, and a staggering 111% growth in operating income to $6.8 million. The net income rose 69% to $5.0 million, leading to an EPS increase of 60% to $0.16. The company also achieved a 30% growth in stockholder equity. Notably, Siebert made strategic investments in Tigress and Hedge Connection, enhancing its commitment to diversity and inclusion in finance.

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RISE Financial Services has announced its acquisition of a 20% stake in Hedge Connection, a woman-owned FinTech platform specializing in capital introductions. Lisa Vioni, CEO of Hedge Connection, is appointed President of RISE Prime and joins RISE's Board. The collaboration aims to enhance ESG initiatives and democratize capital access for hedge fund managers using the patented Fintroz platform. This strategic move positions RISE to efficiently scale its capital introduction program, catering to institutional investors.

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Siebert Financial Corp. (NASDAQ: SIEB) has successfully acquired a 12,000-square-foot office building at 653 Collins Avenue, Miami Beach, to house the primary operations of its RISE Prime division. This strategic purchase highlights Siebert's commitment to expanding its presence in the Greater Miami area, where it has been operational for three years. The new location will support its mission-driven ESG initiatives, catering to a diverse investor community and enhancing modern financial services.

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Siebert Financial Corp. (NASDAQ: SIEB) has rebranded its subsidiary, WPS Prime Services, to RISE Financial Services, focusing on ESG initiatives for institutional investors. The company acquired 24% of Tigress Financial Partners, which now also owns 24% of RISE, facilitating collaboration in DEI and ESG efforts. Cynthia DiBartolo joins Siebert's Board, while Gloria E. Gebbia takes a position at Tigress, enhancing leadership diversity. This strategic move aims to modernize offerings and enhance partnerships in the financial services sector.

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Siebert Financial Corp. (SIEB) reported impressive third-quarter results for 2021, highlighting a 36% increase in revenue to $17.1 million and a notable 1,095% surge in pre-tax income to $1.1 million. The pre-tax margin improved significantly to 6.7% from 0.8% in the prior year. Earnings per share grew to $0.03 compared to $0.02 in 2020. The company's total customer net worth reached $17.6 billion, up from $16.2 billion at the end of 2020, reflecting strong market conditions across various divisions.

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Siebert Financial Corp. (NASDAQ: SIEB) has appointed Gateway Group, Inc. to manage its enhanced investor relations program. This partnership aims to refine corporate messaging and expand outreach, targeting institutional investors and analysts. Gloria E. Gebbia emphasized the necessity of modernizing offerings while upholding Siebert's legacy, especially following a recent alliance with Tigress Financial Partners. This strategic move is seen as timely due to strong growth, with Siebert positioning itself for further success in meeting evolving client needs.

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Siebert Financial Corp. (NASDAQ: SIEB) reported a strong second quarter for 2021, achieving revenue of $16.8 million, a 33% increase year-over-year. Pre-tax income surged 291% to $1.9 million, with a pre-tax margin of 11.4% compared to 3.9% last year. Earnings per share also improved to $0.05 from $0.02. Retail customer net worth rose to $16.0 billion, up from $14.6 billion at the end of 2020. The results reflect successful strategic initiatives, particularly in the Securities Finance and Market Making divisions, which saw revenue increases of 191% and 186%, respectively.

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Siebert Financial Corp. (SIEB) reported a **28% revenue increase** to **$18.9 million** in Q1 2021, compared to the same period in 2020. The operating income reached **$3.0 million**, with earnings per share of **$0.07**. The company attributed its growth to strategic acquisitions and enhanced clearing capabilities, particularly in the Securities Finance Group, which generated **$1.8 million** in revenue. Siebert also plans to expand its clearing services by Q4 2021.

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FAQ

What is the current stock price of Siebert Finl (SIEB)?

The current stock price of Siebert Finl (SIEB) is $2.7 as of February 21, 2025.

What is the market cap of Siebert Finl (SIEB)?

The market cap of Siebert Finl (SIEB) is approximately 111.9M.

What services does Siebert Financial Corp provide?

Siebert Financial Corp offers online and traditional brokerage services, investment advisory, insurance services, Robo-advisory technology, and Prime brokerage business.

What makes Siebert Financial Corp unique?

Siebert Financial Corp is known for its conservative business principles, exceptional personal service, and its status as a certified Women’s Business Enterprise.

Who does Siebert Financial Corp serve?

The company serves self-directed individual investors, corporate clients, and institutional clients.

What is Muriel Siebert & Co., Inc.?

Muriel Siebert & Co., Inc., a wholly-owned subsidiary of Siebert Financial Corp, is known for providing exceptional personal service and proven performance in the financial sector.

How long has Siebert Financial Corp been in business?

Siebert Financial Corp has been serving clients with integrity and respect for more than 45 years.

Is Siebert Financial Corp a certified Women’s Business Enterprise?

Yes, Siebert Financial Corp is a certified Women’s Business Enterprise.

Where can I find more information about Siebert Financial Corp?

For more information, you can visit the company's website at www.siebertnet.com.

Does Siebert Financial Corp have a transparent fee structure?

Yes, Siebert Financial Corp offers one fair commission charge with no hidden fees.

What industries does Siebert Financial Corp operate in?

Siebert Financial Corp operates in the securities brokerage and asset management industry, including insurance services, Robo-advisory technology, and Prime brokerage.

How has Siebert Financial Corp expanded its offerings?

The company has diversified through its subsidiaries, offering a range of services such as securities brokerage, asset management, insurance services, Robo-advisory, and Prime brokerage.
Siebert Finl Corp

Nasdaq:SIEB

SIEB Rankings

SIEB Stock Data

111.94M
13.10M
67.34%
2.42%
0.37%
Capital Markets
Security Brokers, Dealers & Flotation Companies
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United States
NEW YORK