JMP Group LLC - 7.25% Senior No
JMPNL
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Nov 30, 2017
- CIK
- 0001302350
- Similar Companies
- Business
- JMP Group LLC provides investment banking, sales and trading, equity research, and alternative asset management products and services to corporate and institutional clients, as well as high-net-worth individuals. The company operates through three principal segments--Broker-Dealer, Asset Management Fee Income, and Investment Income--offering underwriting and placement agency services for public and private capital markets transactions; financial advisory in mergers and acquisitions, restructuring, and strategic matters; institutional brokerage; and equity research coverage focused on high-growth sectors including technology, healthcare, financial services, and real estate. It also manages pooled investment vehicles such as hedge funds, private equity funds, funds of hedge funds, and collateralized loan obligations, while providing investment advisory services to business development companies and engaging in principal investments in public and private securities. Founded in 1999 and headquartered in San Francisco, California, JMP Group LLC primarily serves clients in the United States. In November 2021, Citizens Financial Group, Inc. completed its acquisition of JMP Group LLC in an all-cash transaction valued at approximately $149 million, after which JMP operates as a wholly-owned subsidiary of Citizens. Subsidiaries include JMP Securities LLC, a full-service investment bank providing equity research, institutional brokerage, and investment banking services, and JMP Capital LLC, focused on asset management activities such as Harvest Consumer Partners LP. Prior to the acquisition, the company redeemed portions of its senior notes, including $15 million of its 7.25% Senior Notes due 2027 in 2021, with JMPNL representing the outstanding 7.25% Senior Notes due 2027 issued by a subsidiary. No major acquisitions, funding rounds, new product launches, or strategic shifts have been reported since the Citizens acquisition through 2025.