Siebert Financial SIEB Increase Decrease In Payables To Customers
Increase Decrease In Payables To Customers at other companies
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Where this comes from
Reported directly by Siebert Financial in its filing.
Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPayablesToCustomers.
The official record: Siebert Financial’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Siebert Financial's increase decrease in payables to customers?
- Siebert Financial (SIEB) reported increase decrease in payables to customers of -$7.88M in Q1 2026.
- How has Siebert Financial's increase decrease in payables to customers changed year-over-year?
- Siebert Financial's increase decrease in payables to customers increased by 61.0% year-over-year, from -$20.21M to -$7.88M.
- What does increase decrease in payables to customers mean?
- Represents the net change in cash balances held by the brokerage on behalf of its clients, often resulting from uninvested cash or proceeds from securities sales. This is a critical indicator of client trust and the firm's available liquidity for operational or investment use.