B Riley Financial Posts Q2 Profit Jump
B. Riley Financial (NASDAQ:RILY), a diversified financial services firm operating across investment banking, wealth management, and asset disposition, released its earnings for the period ended June 30, 2025, on Aug. 7, 2025. The highlight was a debt-free balance sheet, $94.5 million in cash and securities as of June 30, 2025, and GAAP net income of $12.5 million. Adjusted net revenue (non-GAAP) was $51.5 million. There were no published analyst estimates or prior-period comparables for this stand-alone quarter after the carve-out of its securities operations, leaving direct performance comparisons unavailable. Overall, the period reflected stabilization in core businesses and improvements in profitability, but the sustainability of gains remains to be seen.
B. Riley Financial operates a mix of capital markets, wealth management, and asset disposition businesses. Its core unit, B. Riley Securities, handles investment banking (which includes services like underwriting new stock or debt offerings and advising on mergers), institutional brokerage (stock and bond trading for clients), and research. Other segments include wealth management, auctions and liquidations, principal investments in communications, and a brands licensing business.
The company’s most recent focus is on strengthening its capital markets and core advisory practices. It aims to grow its footprint in high-growth sectors, particularly by raising capital for technology clients and expanding expertise in renewables and health care. Key success factors include team expansion and a disciplined approach to returning capital, as evidenced by its dividend announcements.
Source Fool.com
