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Lazard LAZ Derivative Liability, Security Sold under Agreement to Repurchase, and Security Loaned, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash/Security Not Offset

Derivative Liability, Security Sold under Agreement to Repurchase, and Security Loaned, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash/Security Not Offset at other companies

Virtu Financial logo
Virtu FinancialVIRT
$5.95B+38.6%
Virtu Financial logo
Virtu FinancialVIRT
$2.8M
U.S. Bancorp logo
U.S. BancorpUSB
$503M-13.4%
Ally Financial logo
Ally FinancialALLY
$1M
Raymond James Financial logo
Raymond James FinancialRJF
$1.14B+49.1%
Raymond James Financial logo
Raymond James FinancialRJF
$1.14B+45.1%

Other financials

Income statement

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Revenue$756.6M+16.7%
Operating income$89.6M+63.9%
Net income$100.9M+67.1%
EPS (diluted)$0.91+62.5%

Balance sheet

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Cash & equivalents$1.0B+12.3%
Total debt$2.2B-1.4%
Total equity$881.3M+46.1%
Total assets$4.2B+0.2%

Cash flow

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Operating cash flow-$219.3M-0.8%
CapEx$2.2M-84.2%
Free cash flow-$221.5M+4.3%

Valuation

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Market cap$4.36B+2.5%
Enterprise value$5.5B-0.9%
P/E15.7×+1.7×
P/S1.4×-0.1×

Profitability

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Operating margin11.3%-1.9pp
Net margin8.6%-1.7pp
FCF margin15.5%-3.7pp

Returns & leverage

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Return on equity37.4%-23.8pp
Debt / equity2.5×-1.2×

Where this comes from

Reported directly by Lazard in its filing.

Tagged under the XBRL concept laz:DerivativeLiabilitySecuritySoldUnderAgreementToRepurchaseAndSecurityLoanedSubjectToMasterNettingArrangementCollateralRightToReclaimCashSecurityNotOffset.

The official record: Lazard’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lazard's derivative liability, security sold under agreement to repurchase, and security loaned, subject to master netting arrangement, collateral, right to reclaim cash/security not offset?
Lazard (LAZ) reported derivative liability, security sold under agreement to repurchase, and security loaned, subject to master netting arrangement, collateral, right to reclaim cash/security not offset of $21.5M in Q1 2026.
What does derivative liability, security sold under agreement to repurchase, and security loaned, subject to master netting arrangement, collateral, right to reclaim cash/security not offset mean?
The value of derivative liabilities and securities sold under repurchase agreements that are subject to master netting arrangements but remain on the balance sheet because they do not meet the criteria for full offset. This figure reflects the firm's gross financing obligations and collateralized borrowing activities. It is a key indicator of the firm's reliance on short-term funding markets.