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Siebert Financial Corp. (SIEB) 10-Year Financial Performance & Capital Metrics

SIEB • • Banking & Credit
Financial ServicesCapital MarketsSecurities Brokerage & Wealth ManagementRetail Brokerage Platforms
AboutSiebert Financial Corp., through its subsidiaries, engages in the retail discount brokerage and investment advisory businesses in the United States and Internationally. It offers discount brokerage services, including self-directed trading, wealth management, financial advice, market making and fixed income investment, stock borrow, equity compensation plans, securities lending, equity stock plan, and market making 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-Advisor platform that provides clients with an automated wealth management solution; and various insurance products, such as fixed annuities, personal insurance, property and casualty insurance, natural disaster insurance, and life and disability. The company has 12 branch offices in the United States. Siebert Financial Corp. was incorporated in 1934 and is headquartered in New York, New York.Show more
  • Net Interest Income -$262K +0.4%
  • Total Revenue $81M +16.1%
  • Net Income $13M +69.8%
  • Return on Equity 17.06% +31.4%
  • Net Interest Margin -0.05% -53.7%
  • Efficiency Ratio 21.66% -14.7%
  • ROA 2.01% +96.5%
  • Equity / Assets 16.37% +85.7%
  • Book Value per Share 2.13 +11.7%
  • Tangible BV/Share 2.05 +13.2%
  • Debt/Equity 0.08 -21.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y profit CAGR of 32.6%
  • ✓Efficient operations: 21.7% efficiency ratio
  • ✓Well capitalized: 16.4% equity/assets
  • ✓Diversified revenue: 100.0% from non-interest income
  • ✓Trading at only 1.5x book value

✗Weaknesses

  • ✗Weak NIM of -0.1%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y19.09%
5Y13.48%
3Y6.05%
TTM-

Profit (Net Income) CAGR

10Y-
5Y32.64%
3Y37.93%
TTM-31.91%

EPS CAGR

10Y-
5Y24.57%
3Y27.29%
TTM-31.41%

ROCE

10Y Avg28.65%
5Y Avg14.17%
3Y Avg15.74%
Latest20.31%

Peer Comparison

Retail Brokerage Platforms
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Size & Scale
Valuation
Per Share
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Quality & Returns
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Technical
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Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SCHWThe Charles Schwab Corporation182.6B102.7634.371.87%22.85%16.67%1.12%0.93
SIEBSiebert Financial Corp.126.94M3.149.5216.09%16.5%7.95%6.62%0.08
XPXP Inc.7.23B17.412.1234.1%22.71%21.35%100%5.74
LGHLLion Group Holding Ltd.1.03M2.04-0.02-278.75%87.73%-446.75%0.64

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+00-15K0-135K-349K-361K-440K-263K-262K
NII Growth %---1%--1.59%-0.03%-0.22%0.4%0%
Net Interest Margin %----------
Interest Income0000000000
Interest Expense0015K0135K349K361K440K263K262K
Loan Loss Provision6.63M5.75M6.09M16.67M23.18M33.26M40.88M30.44M33.34M45.34M
Non-Interest Income+10.1M9.81M13.11M30.04M42.78M54.87M67.51M50.1M69.35M80.51M
Non-Interest Income %----------
Total Revenue+10.1M9.81M13.11M30.04M42.78M54.87M67.51M50.1M69.35M80.51M
Revenue Growth %-0.28%-0.03%0.34%1.29%0.42%0.28%0.23%-0.26%0.38%0.16%
Non-Interest Expense379K-1.51M4.69M6.01M14.96M16.98M19.68M18.79M17.62M17.44M
Efficiency Ratio----------
Operating Income+3.09M5.58M2.31M7.36M4.5M4.28M6.58M440K18.13M17.47M
Operating Margin %----------
Operating Income Growth %-0.54%0.8%-0.59%2.19%-0.39%-0.05%0.54%-0.93%40.2%-0.04%
Pretax Income+-3.09M-5.58M2.31M7.36M4.28M3.2M6.75M-4.29M11.26M17.47M
Pretax Margin %----------
Income Tax+-275K0153K-4.6M1.05M221K1.72M-1.3M3.42M4.17M
Effective Tax Rate %----------
Net Income+-2.87M-5.58M2.16M11.96M3.24M2.98M5.06M-1.99M7.83M13.29M
Net Margin %----------
Net Income Growth %0.56%-0.94%1.39%4.55%-0.73%-0.08%0.7%-1.39%4.93%0.7%
Net Income (Continuing)-2.82M-5.58M2.16M11.96M3.24M2.98M5.03M-2.99M7.84M13.3M
EPS (Diluted)+-0.13-0.250.100.440.110.100.16-0.060.210.33
EPS Growth %0.57%-0.92%1.4%3.4%-0.75%-0.12%0.65%-1.38%4.42%0.57%
EPS (Basic)-0.13-0.250.100.440.110.100.16-0.060.210.33
Diluted Shares Outstanding22.09M22.09M22.51M27.16M30.46M30.64M31.32M32.41M37.07M39.95M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks9.42M2.73M3.77M7.23M4.67M3.63M3.76M23.67M5.74M32.63M
Short Term Investments00001000K1000K1000K1000K1000K1000K
Total Investments+593K92K00199.91M908.41M952.51M343.55M412.75M160.37M
Investments Growth %-0.93%-0.84%-1%--3.54%0.05%-0.64%0.2%-0.61%
Long-Term Investments593K92K003.36M09.01M3.43M00
Accounts Receivables626K606K1000K1000K1000K1000K1000K1000K1000K1000K
Goodwill & Intangibles+----------
Goodwill00001.99M1.99M1.99M1.99M1.99M2.32M
Intangible Assets0084K1.14M2.91M2.14M752K991K1.43M697K
PP&E (Net)374K46K263K468K5.1M3.05M10.13M10.55M12.14M12.63M
Other Assets00001.59M8.21M5.84M1.31M7.88M9.06M
Total Current Assets12.77M3.68M5.68M11M517.73M1.35B1.37B705.38M773.85M491.54M
Total Non-Current Assets967K138K347K7.18M20.34M20.25M32M22.67M27.95M28.13M
Total Assets+17.79M3.82M6.03M18.18M538.07M1.37B1.4B728.05M801.8M519.67M
Asset Growth %-0.14%-0.79%0.58%2.02%28.6%1.55%0.02%-0.48%0.1%-0.35%
Return on Assets (ROA)-0.15%-0.52%0.44%0.99%0.01%0%0%-0%0.01%0.02%
Accounts Payable0738K561K699K310.53M384.3M380.35M323.9M293.42M232.37M
Total Debt+000171K15.41M12.47M17.64M9.45M7.3M6.9M
Net Debt-9.42M-2.73M-3.77M-7.06M10.74M8.84M13.88M-14.22M1.56M-25.73M
Long-Term Debt00003M3.66M6.71M5.97M4.23M4.14M
Short-Term Debt00008M6.2M8M1.07M84K88K
Other Liabilities0825K00-3M01.94M1.19M3M819K
Total Current Liabilities2.1M738K813K832K502.75M1.33B1.34B669.72M721.63M427.83M
Total Non-Current Liabilities0825K0171K2.18M4.96M10.35M8.41M9.46M6.75M
Total Liabilities2.1M1.56M813K1M504.93M1.34B1.35B678.13M731.09M434.58M
Total Equity+15.68M2.25M5.21M17.17M33.13M37.99M50.51M49.92M70.71M85.09M
Equity Growth %-0.15%-0.86%1.31%2.3%0.93%0.15%0.33%-0.01%0.42%0.2%
Equity / Assets (Capital Ratio)----------
Return on Equity (ROE)-0.17%-0.62%0.58%1.07%0.13%0.08%0.11%-0.04%0.13%0.17%
Book Value per Share0.710.100.230.631.091.241.611.541.912.13
Tangible BV per Share----------
Common Stock232K221K271K271K304K309K324K325K406K412K
Additional Paid-in Capital19.49M6.89M7.64M7.64M19.9M21.77M27.97M29.64M45.02M46.09M
Retained Earnings721K-4.86M-2.7M9.26M12.93M15.91M20.97M18.98M26.81M40.09M
Accumulated OCI0000000000
Treasury Stock-4.76M0000000-2.51M-2.51M
Preferred Stock0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-1.39M-3.26M1.45M4.87M24.35M96.72M5.54M-24.61M-4.8M10.05M
Operating CF Growth %0.84%-1.34%1.45%2.35%4%2.97%-0.94%-5.44%0.8%3.09%
Net Income-2.87M-5.58M2.16M11.96M3.24M2.98M5.03M-2.99M7.84M13.3M
Depreciation & Amortization284K277K115K144K1M1.57M1.45M995K2.02M1.38M
Deferred Taxes000-5.58M490K479K523K-655K-107K1.09M
Other Non-Cash Items-406K1.77M1.63M00-219K539K4.64M5.39M299.2M
Working Capital Changes1.6M274K-820K-1.66M19.62M91.7M-2M-27.07M-19.95M-305.38M
Cash from Investing+4.06M455K-417K-1.4M-5.94M-410K-8.37M-1.84M-2.56M-6.05M
Purchase of Investments000000-850K-22K00
Sale/Maturity of Investments1000K092K0000719K00
Net Investment Activity----------
Acquisitions4M493K00-3.82M0-64K22K0-1.12M
Other Investing-3.9M00-1.13M-1.11M0-343K-460K-894K-3.49M
Cash from Financing+0-3.88M803K0-2.85M2.65M4.85M-4.29M13.04M-85K
Dividends Paid0-4.49M00-1.6M00000
Share Repurchases0000-3.42M00000
Stock Issued0000172K800K0017.36M0
Net Stock Activity----------
Debt Issuance (Net)00001000K1000K1000K-1000K-1000K-85K
Other Financing0610K00000840K-1.59M0
Net Change in Cash+2.67M-6.69M1.03M3.46M15.56M98.96M2.03M-30.75M5.68M3.92M
Exchange Rate Effect00-803K0000000
Cash at Beginning6.75M9.42M2.73M3.77M214.04M229.59M328.56M330.58M158.86M164.54M
Cash at End9.42M2.73M3.77M7.23M229.59M328.56M330.58M299.84M164.54M168.46M
Interest Paid0015K0125K359K361K440K263K160K
Income Taxes Paid0033K1.18M636K167K059K2.26M3.21M
Free Cash Flow+-1.43M-3.3M1.03M3.46M22.08M96.31M-1.91M-26.71M-7.36M8.4M
FCF Growth %0.84%-1.3%1.31%2.35%5.37%3.36%-1.02%-12.98%0.72%2.14%

Banking Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-16.76%-62.2%57.79%106.87%12.86%8.37%11.44%-3.96%12.98%17.06%
Return on Assets (ROA)-14.9%-51.65%43.84%98.85%1.16%0.31%0.36%-0.19%1.02%2.01%
Net Interest Margin0%0%-0.25%0%-0.03%-0.03%-0.03%-0.06%-0.03%-0.05%
Efficiency Ratio3.75%-15.44%35.8%20%34.97%30.94%29.16%37.49%25.4%21.66%
Equity / Assets88.18%59.04%86.51%94.48%6.16%2.77%3.6%6.86%8.82%16.37%
Book Value / Share0.710.10.230.631.091.241.611.541.912.13
NII Growth---100%--158.52%-3.44%-21.88%40.23%0.38%
Dividend Payout----49.44%-----

Revenue by Segment

2024
Retail62.39M
Retail Growth-
Market Making Member2.25M
Market Making Member Growth-

Frequently Asked Questions

Valuation & Price

Siebert Financial Corp. (SIEB) has a price-to-earnings (P/E) ratio of 9.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Siebert Financial Corp. (SIEB) grew revenue by 16.1% over the past year. This is strong growth.

Yes, Siebert Financial Corp. (SIEB) is profitable, generating $7.3M in net income for fiscal year 2024 (16.5% net margin).

Dividend & Returns

Siebert Financial Corp. (SIEB) has a return on equity (ROE) of 17.1%. This is reasonable for most industries.

Industry Metrics

Siebert Financial Corp. (SIEB) has a net interest margin (NIM) of -0.1%. NIM has been under pressure due to interest rate environment.

Siebert Financial Corp. (SIEB) has an efficiency ratio of 21.7%. This is excellent, indicating strong cost control.

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