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B. Riley Financial Reports First Quarter 2021 Results; Declares $3.00 Dividend


Operating adjusted EBITDA
Investment gains
Completed acquisition of National Holdings, enhancing wealth management and capital markets
Declared total quarterly dividend of $3.00 per common share
Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, said: Our first quarter performance again demonstrates the combined platform s strength and earnings power, with this period driven by particularly exceptional results from our investment banking group. Our results were enhanced by investment gains of approximately $267 million, coupled with a year-over-year increase of over 80 percent and 70 percent, respectively, for quarterly operating revenues and operating EBITDA. These results reflected the upside from capital markets in addition to steady and recurring contributions from the balance of our businesses. ....

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B. Riley Financial to Announce First Quarter 2021 Results on May 3, 2021


About B. Riley Financial
B. Riley Financial is a diversified financial services company that provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners. B. Riley operates through several subsidiaries that offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction and liquidation services. Certain registered affiliates originate and underwrite senior secured loans for asset-rich companies. B. Riley also makes proprietary investments in companies and assets with attractive return profiles. For the latest news and developments, follow us on LinkedIn and Twitter @BRileyFinancial. For more information, visit www.brileyfin.com. ....

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