Jefferies Financial Group reported a substantial increase in profits for the September to November period, with earnings more than tripling, signaling a potential rebound in mergers and acquisitions (M&A) activity. CEO Rich Handler and President Brian Friedman stated that the firm's annual results reflect strong and sustained momentum across all business lines, positioning Jefferies favorably as it enters 2025. Following the announcement, Jefferies shares rose by 1.3% in after-hours trading, indicating positive market reception. The performance comes amidst a backdrop of rising share prices for major investment banks, including Goldman Sachs and JPMorgan, which have reached near-record highs.