v3.26.1
Note 9 - Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Derivatives Not Designated as Hedging Instruments [Table Text Block]

Derivative Financial Instruments Not Designated as Hedging Instruments Under FASB ASC 815

 

Balance Sheet Classification

 

June 30, 2026

  

December 31, 2025

 

TBAs and other forward agency MBS

 

Investments-trading

 $4,802  $4,651 

TBAs and other forward agency MBS

 

Trading securities sold, not yet purchased

  (5,419)  (4,245)

Equity derivatives - CCM pre M&A

 

Other investments, at fair value

  56,990   18,492 

Equity derivatives - other CCM and Non CCM

 

Other investments, at fair value

  2,593   1,505 

Equity derivatives

 

Other investments sold, not yet purchased, at fair value

  (80)  - 
    $58,886  $20,403 
Derivative Instruments, Gain (Loss) [Table Text Block]
   

Three Months Ended June 30,

 

Derivative Financial Instruments Not Designated as Hedging Instruments Under FASB ASC 815

Income Statement Classification

 

2026

  

2025

 

TBAs and other forward agency MBS

Revenue-net trading

 $1,269  $925 

Equity derivatives

Investment banking and new issue

  22,485   - 

Equity derivatives

Principal transactions and other income (loss)

  (10)  - 
   $23,744  $925 
   

Six Months Ended June 30,

 

Derivative Financial Instruments Not Designated as Hedging Instruments Under FASB ASC 815

Income Statement Classification

 

2026

  

2025

 

TBAs and other forward agency MBS

Revenue-net trading

 $2,460  $1,357 

Equity derivatives

Investment banking and new issue

  31,760   - 

Equity derivatives

Principal transactions and other income (loss)

  (17)  - 
   $34,203  $1,357