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Siebert Financial Corp., together with its subsidiaries, engages in the provision of brokerage and financial advisory services in the United States. It offers self-directed trading, market making and fixed income investment, stock borrow/stock loan, equity compensation plans, and wealth management/financial advisory; Investment banking / capital markets; and advanced trading services; corporate services; independent retail execution services; and retail customer services. The company also offers self-directed retirement accounts, as well as lends customers a portion of the market value of marginable securities held in the customer's account. In addition, the company provides data technology platform that offers various services, such as email and messaging, market data systems and third-party trading systems, business productivity tools, and customer relationship management systems. Further, it offers a robo-advisory technology that provides clients with an automated wealth management solution, as well as managed portfolios and separately managed accounts; and various insurance products, such as fixed annuities, personal insurance, property and casualty insurance, natural disaster insurance, and life and disability, as well as talent management and representation, sports negotiation, and marketing services. Siebert Financial Corp. was incorporated in 1934 and is headquartered in Miami Beach, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $89M | $8M | $5M | $7M | 5.7% | 11.0% | -61.5% |
| 2024 | $81M | $19M | $13M | $5M | 15.8% | 16.1% | 69.8% |
| 2023 | $69M | $14M | $8M | $-7M | 11.2% | 38.4% | -493.3% |
| 2022 | $50M | $-3M | $-2M | $-27M | -4.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 50.10 | 69.35 | 80.51 | 89.37 |
| Operating Revenue | - | 47.14 | 69.35 | 80.51 | 89.37 |
| Cost Of Revenue | - | 30.88 | 33.61 | 45.61 | 60.62 |
| Gross Profit | - | 19.23 | 35.74 | 34.90 | 28.74 |
| Operating Expense | - | 22.36 | 18.39 | 17.18 | 22.72 |
| Selling General And Administration | - | 14.18 | 14.26 | 15.98 | 21.17 |
| Total Expenses | - | 53.24 | 52 | 62.78 | 83.35 |
| Operating Income | - | -3.14 | 17.35 | 17.73 | 6.02 |
| Total Operating Income As Reported | - | 0.44 | 18.13 | 17.47 | 5.57 |
| EBITDA | - | -2.86 | 13.54 | 19.11 | 8.42 |
| Normalized EBITDA | - | -2.86 | 19.48 | 19.11 | 8.42 |
| EBIT | - | -3.85 | 11.52 | 17.73 | 6.02 |
| Interest Expense | - | 0.44 | 0.26 | 0.26 | 0.45 |
| Net Interest Income | - | -0.44 | -0.26 | -0.26 | -0.45 |
| Other Income Expense | -1.74 | -0.72 | -5.83 | - | - |
| Interest Expense Non Operating | - | 0.44 | 0.26 | 0.26 | 0.45 |
| Net Non Operating Interest Income Expense | - | -0.44 | -0.26 | -0.26 | -0.45 |
| Pretax Income | - | -4.29 | 11.26 | 17.47 | 5.57 |
| Tax Provision | - | -1.30 | 3.42 | 4.16 | 0.44 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | -1.81 | 0 | 0 |
| Net Income Continuous Operations | - | -2.99 | 7.84 | 13.30 | 5.12 |
| Net Income From Continuing And Discontinued Operation | - | -1.99 | 7.83 | 13.29 | 5.12 |
| Net Income From Continuing Operation Net Minority Interest | - | -1.99 | 7.83 | 13.29 | 5.12 |
| Net Income | - | -1.99 | 7.83 | 13.29 | 5.12 |
| Net Income Common Stockholders | - | -1.99 | 7.83 | 13.29 | 5.12 |
| Net Income Including Noncontrolling Interests | - | -2.99 | 7.84 | 13.30 | 5.12 |
| Normalized Income | - | -1.99 | 11.96 | 13.29 | 5.12 |
| Diluted NI Availto Com Stockholders | - | -1.99 | 7.83 | 13.29 | 5.12 |
| Basic Average Shares | - | 32.41 | 37.07 | 39.95 | 40.36 |
| Diluted Average Shares | - | 32.41 | 37.07 | 39.95 | 40.36 |
| Reconciled Depreciation | - | 1 | 2.02 | 1.38 | 2.40 |
| Reconciled Cost Of Revenue | - | 30.88 | 33.61 | 45.61 | 60.62 |
| Total Unusual Items | -1.91 | 0 | -5.94 | 0 | - |
| Total Unusual Items Excluding Goodwill | -1.91 | 0 | -5.94 | 0 | - |
| Minority Interests | - | 1 | -0.02 | -0.02 | 0 |
| Special Income Charges | -1.91 | 0 | -5.94 | 0 | - |
| Other Special Charges | - | - | 5.94 | - | - |
| Write Off | 0.70 | 0 | - | - | - |
| Restructuring And Mergern Acquisition | 1.21 | 0 | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | 1 | 2.02 | 1.38 | 2.40 |
| Depreciation And Amortization In Income Statement | - | 1 | 2.02 | 1.38 | 2.40 |
| General And Administrative Expense | - | 13.64 | 14.11 | 15.64 | 20.09 |
| Other Gand A | - | 11.68 | 12.23 | 14.01 | 18.23 |
| Rent Expense Supplemental | - | 1.96 | 1.87 | 1.63 | 1.86 |
| Other Operating Expenses | - | 7.18 | 2.11 | -0.19 | -0.85 |
| Selling And Marketing Expense | - | 0.54 | 0.16 | 0.35 | 1.08 |
| Rent And Landing Fees | - | 1.96 | 1.87 | 1.63 | 1.86 |
| Earnings From Equity Interest | 0.17 | -0.72 | 0.11 | 0 | - |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Siebert Financial Corp.this co. | SIEB | $81M | 15.75↑ premium | 0.90 | 5.7% | 8.30 |
| Riverview Bancorp, Inc. | RVSB | $115M | 23.53 | 0.72 | 3.1% | - |
| Union Bankshares, Inc. | UNB | $106M | 9.60 | 1.32 | 13.7% | - |
| Sound Financial Bancorp, Inc. | SFBC | $100M | 13.92 | 0.91 | 6.5% | - |
| Kestrel Group Ltd | KG | $88M |
| - |
| - |
| - |
| - |
| - |
| 1.88 |
| 0.69 |
| 36.4% |
| 796.59 |
| Silvercrest Asset Management Group Inc. | SAMG | $86M | 17.60 | 1.71 | 9.7% | 4.83 |
| Vroom, Inc. | VRM | $53M | -1.00 | 0.45 | -45.5% | 279.15 |
| eHealth, Inc. | EHTH | $50M | 1.25 | 0.08 | 6.8% | 1.33 |
| MarketWise, Inc. | MKTW | $44M | 7.80 | -3.75 | -48.1% | -0.31 |
| Peer Median | - | 8.70 | 0.70 | 6.7% | 4.83 | |