B RLY FINCL(RILYP) - 2025 Q3 - Quarterly Results

Financial Performance - Total revenue for Q3 2025 was approximately $109.1 million, with adjusted net revenue of approximately $75.7 million[3] - Net income for the quarter was approximately $41.8 million, while adjusted net income totaled approximately $18.9 million[3] - Investment banking revenue was $53.9 million, while institutional brokerage revenue was $51.6 million for the quarter[14] Capital Management - The company raised approximately $10.5 billion in capital for clients through equity and debt financings during the quarter[2] - Cash and securities as of September 30, 2025, totaled $145.9 million, with no outstanding debt[6] - The company continues to evaluate future returns of capital to shareholders based on available excess capital and business growth prospects[10] Shareholder Returns - The board approved a dividend of $0.40 per common share, amounting to approximately $7.4 million in total distribution[10] Strategic Initiatives - The company maintained a disciplined approach to recruiting, strategically expanding its team to enhance its platform[2] - The upcoming Convergence Conference will focus on the impact of AI and blockchain on the energy sector, reflecting the company's commitment to relevant engagement[2] Revenue Clarity - Adjusted net revenue excludes trading gains and losses, providing a clearer view of the firm's operating performance[4]