Business
B. Riley Securities Provides Post-Carve Out Business Update and Financial Highlights
ARLINGTON, Va., Aug. 7, 2025 /PRNewswire/ -- B. Riley Securities Holdings, Inc. ("B. Riley Securities," "BRS" or the "Company"), a leading middle market
About this update from Brc Group Holdings, Inc.
[{"type":"text","content":"ARLINGTON, Va., Aug. 7, 2025 /PRNewswire/ -- B. Riley Securities Holdings, Inc. (\"B. Riley Securities,\" \"BRS\" or the \"Company\"), a leading middle market investment bank, today provided a business update and certain preliminary financial results for its first full quarter since the previously announced carve-out transaction from B. Riley Financial, Inc. (Nasdaq: RILY) (\"BRF\") in March 2025.\n\n \n \n \n \n \n \n\n \nManagement Commentary\n\"It's been a busy summer at B. Riley Securities, and we're pleased to share a business update including the results of our first full quarter following our carve-out from BRF,\" said Jimmy Baker, Co-CEO and Head of Capital Markets. \"As most indices reached new highs, client activity increased significantly during the quarter, driving sequential improvements in both Institutional Brokerage commissions and Investment Banking revenue. We executed and advised on a diverse range of financing needs, meeting clients' emerging priorities including crypto treasury implementation and advancing AI adoption. Over the past year, we've helped clients raise over $8 billion to support AI-driven investments – a trend that remained a key driver of activity throughout the second quarter. Building upon the convertibles practice we established last year, we've expanded our variable rate transaction capabilities to offer our clients flexible, cost-effective financing, backed by our firm's growing balance sheet. This progress, along with strong at-the-market issuance volume, has continued into the third quarter.\"\n\"We've continued to strengthen our organization through key team additions and enhanced capabilities that position our firm to deliver increasing value to middle market clients throughout market cycles,\" said Andy Moore, Chairman and Co-CEO. \"We've added talent across the platform, including seven senior strategic hires who have reinforced leadership across key practice areas, expanded sector coverage and deepened domain expertise in areas such as Real Estate, Healthcare, Digital Assets, Consumer, TMT, FinTech, Renewables, and Industrials such as Aerospace & Defense. Our research-led franchise remains a foundational pillar and key differentiator of our business, demonstrated by the draw of several hundred companies and institutional investors that participated in our 25th Annual Investor Confer...