Stifel Financial

Stifel Financial Corp. provides securities brokerage, investment banking, trading, investment advisory, and related financial services. It operates through the following segments: Global Wealth Management, Institutional Group, and Other. The Global Wealth Management segment provides securities transaction, brokerage, and investment services to clients. The Institutional Group segment is involved in research, equity and fixed income institutional sales and trading, investment banking, public finance, and syndicate. The Other segment includes interest income from stock borrowing activities, unallocated interest expense, interest income, and gains and losses from investments held. The company was founded in 1890 and is headquartered in St. Louis, MO.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2024

Stifel Financial excels in Q4, eyes $1 trillion assets target

Stifel Financial's Q4 2022 performance reflects strong financial results, growth in client assets, and a strategic focus on long-term value creation.
With a solid balance sheet, substantial excess capital, and plans for dividend growth and acquisitions, Stifel is well-positioned for continued success and market relevance.
Challenges in capital deployment and interest rate management are balanced by opportunities in client programs, NIM expansion, and strategic growth initiatives across business segments.

Stifel Financial reports strong Q1 earnings, eyes growth opportunities

Stifel Financial's Q1 performance showcased resilience and strategic focus amidst market challenges. The company's strengths in capital management, diversified business model, and ability to navigate changing market conditions position it well for growth. Addressing challenges in expense management and revenue normalization while capitalizing on opportunities in recruitment and strategic investments will be key moving forward.

Stifel Financial reports mixed Q2 results, eyes growth opportunities

Stifel Financial's Q2 2023 performance showcased strength in wealth management but challenges in the institutional business, impacting revenue and earnings.
Despite missing consensus estimates, the company's focus on advisor satisfaction, record revenue, and growth in fee-based assets are notable strengths.
Opportunities lie in excess capital for repurchases, stable NII, and potential growth, while challenges include delays in transactions and rising expenses.

Stifel Financial reports solid Q3 earnings amidst market challenges

Stifel Financial's Q3 performance showcased solid net revenue and EPS, despite challenges from legal charges and market conditions.
The company's strengths lie in its consistent growth in Global Wealth Management and focus on capital management strategies.
Challenges include lower investment banking revenue and delays in Institutional Group performance.
Opportunities for growth include potential revenue targets, capital management strategies, and market uncertainties.

Stifel Financial reports robust earnings, eyes growth amid market challenges

Stifel Financial's strong performance in Q4 and full-year 2023, driven by record Global Wealth Management results, showcases resilience in challenging market conditions.
Effective capital deployment, revenue growth, and strategic focus on improving margins position the company well for 2024 despite regulatory uncertainties.
Engagement in investment banking and market expectations for improvements present opportunities for continued growth and profitability.
Addressing challenges in net interest income and legal expenses while leveraging strengths in Institutional Group and MD count growth will be crucial for sustained success.

Stifel Financial excels in Q1 2024, eyes growth opportunities

Stifel Financial's Q1 2024 performance reflects robust revenue growth, operational efficiency, and strategic capital management, positioning the company for continued success.
Despite short-term challenges in net interest income and potential external risks, Stifel remains optimistic about its performance for 2024, leveraging opportunities for growth and revenue diversification.
Focused on client trust, operational discipline, and strategic growth initiatives, Stifel Financial is poised to achieve its revenue and asset targets, driving shareholder value and sustainable growth.
Balancing cost control, revenue diversification, and capital allocation strategies, Stifel Financial demonstrates resilience and adaptability in navigating market dynamics and pursuing long-term value creation.

Stifel Financial excels in Q2 2024 earnings, eyes growth opportunities

Stifel Financial delivered a strong Q2 2024 performance with notable revenue growth and exceeded earnings expectations, driven by diversified business segments.
While facing challenges in net interest income and cash sorting impact, the company's strategic initiatives and focus on growth areas position it well for the future.
Opportunities lie in expanding Institutional business, optimizing asset management revenue, and navigating the competitive landscape to sustain growth and profitability.

Stifel Financial reports strong Q3 earnings, eyes growth opportunities

Stifel Financial's Q3 2024 performance was robust, marked by revenue growth, profitability, and efficient expense management.
While facing challenges in institutional business and market conditions, the company remains optimistic about future growth.
Opportunities lie in leveraging investments, improving institutional business, and capitalizing on market improvements for sustained success.

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Stifel Financial Corp. provides securities brokerage, investment banking, trading, investment advisory, and related financial services. It operates through the following segments: Global Wealth Management, Institutional Group, and Other. The Global Wealth Management segment consists of two businesses, the Private Client Group and Stifel Bancorp. The Institutional Group segment includes institutional sales and trading. The Other segment refers to interest income from stock borrowing activities, unallocated interest expense, interest income, and gains and losses from investments held. The company was founded in 1890 and is headquartered in St. Louis, MO.

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B. Riley Financial

Enters into Agreement with Stifel Financial Corp. to Sell a Portion of Wealth Management Business LOS ANGELES , Nov. 1, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Provides Update on Wealth Management Business

ST. LOUIS, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors has declared a cash dividend on shares of its common stock of $0.42 per share, payable December 16, 2024, to shareholders of record at the close of business on December 2, 2024.

Stifel Declares Quarterly Common Stock Cash Dividend and Declares Preferred Stock Cash Dividend

Stifel Financial's Q3 2024 financial performance was decent with a +2% revenue beat and in-line adjusted earnings. SF's FY 2023-2025 EPS CAGR could be as good as +30.7% based on expectations of a $8 per share bottom line for the next year. I stick with a Buy rating for Stifel Financial, as the stock is undervalued based on the Price-to-Earnings Growth or PEG metric.

Stifel Financial: Good Results, Positive Outlook

Stifel Financial Corp. (NYSE:SF ) Q3 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Joel Jeffrey - Senior Vice President of Investor Relations Ron Kruszewski - Chairman and CEO Jim Marischen - CFO Conference Call Participants Devin Ryan - Citizens JMP Steven Chubak - Wolfe Research Benjamin Rubin - UBS William Katz - TD Cowen Operator Good day, and welcome to the Stifel Financial Third Quarter 2024 Financial Results Conference Call. Today's conference is being recorded.

Stifel Financial Corp. (SF) Q3 2024 Earnings Call Transcript

ST. LOUIS, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.2 billion for the three months ended September 30, 2024, compared with $1.0 billion a year ago. Net income available to common shareholders was $149.2 million, or $1.34 per diluted common share, compared with $58.8 million, or $0.52 per diluted common share for the third quarter of 2023. Non-GAAP net income available to common shareholders was $166.3 million, or $1.50 per diluted common share for the third quarter of 2024.

Stifel Reports Third Quarter 2024 Results

ST. LOUIS, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) will release its third quarter 2024 financial results before the market opens on Wednesday, October 23, 2024. The company will host a conference call to review the results at 9:30 a.m. Eastern time that same day. The conference call may include forward-looking statements.

Stifel Financial Schedules Third Quarter 2024 Financial Results Conference Call

STAMFORD, Conn. and HONG KONG, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Eaton Partners, one of the largest placement agents and fund advisory firms and a wholly-owned subsidiary of Stifel Financial Corp. (NYSE: SF), is pleased to have acted as the global exclusive placement agent for Hong Kong-headquartered MindWorks Capital (“MindWorks” or the “Firm”), for its fourth fund, MindWorks Ventures Fund IV L.P. (“Fund IV” or the “Fund”).

Eaton Partners Acts as Exclusive Placement Agent for MindWorks Ventures Fund IV

ST. LOUIS, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for August 31, 2024 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.

Stifel Reports August 2024 Operating Data

Canadian Imperial Bank of Commerce

Invesco

SEC charges firms, including CM, SF and IVZ, millions in fines for longstanding failures to maintain and preserve electronic communications.

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Robinhood

Interactive Brokers

SF considers buying B.Riley's Wealth Management business for more than $100 million.

Stifel Financial Mulls Buying Wealth Management Unit From B. Riley

Piper Sandler Cos

Interactive Brokers and other financial stocks are in bases. And investment banks have turned the corner with big earnings growth estimates.

This Top Industry Group Is Loaded With Stocks In Bullish Chart Patterns

ST. LOUIS, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for July 31, 2024 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.

Stifel Reports July 2024 Operating Data

Stifel Financial's Q2 2024 top line was better than the consensus forecast, due to higher-than-expected investment banking advisory revenue and fixed income transactional revenue. SF is guiding for a high-single digit percentage increase in its net revenues and a 3.2 percentage points improvement in its non-compensation operating costs-to-revenue ratio for FY 2024. I remain bullish on Stifel Financial stock; SF's Q2 results were strong, and its attractive Price-to-Earnings Growth or PEG ratio suggests that the stock is still undervalued.

Stifel Financial: Good Q2 Performance Keeps Me Bullish

Stifel Financial Corp. (NYSE:SF ) Q2 2024 Earnings Conference Call July 24, 2024 9:30 AM ET Company Participants Joel Jeffrey - Senior Vice President and Head of Investor Relations Ron Kruszewski - Chairman and CEO Victor Nesi - Co-President and Institutional Group Head Jim Zemlyak - Co-President Jim Marischen - CFO Conference Call Participants Devin Ryan - Citizens JMP Steven Chubak - Wolfe Research Alexander Blostein - Goldman Sachs William Katz - TD Cowen Brennan Hawken - UBS Christopher Allen - Citi Operator Good day, and welcome to the Stifel Financial Second Quarter Financial Results Conference Call. Today's conference is being recorded.

Stifel Financial Corp. (SF) Q2 2024 Earnings Call Transcript

Stifel Financial Corp.'s stock rose nearly 6% Wednesday despite losses in the broader market, as the investment bank powered past analyst estimates for profit and revenue in its second quarter and said it remains upbeat about its prospects for the rest of 2024.

Stifel's stock rallies on second-highest revenue quarter in its 134-year history

ST. LOUIS, July 24, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.2 billion for the three months ended June 30, 2024, compared with $1.1 billion a year ago. Net income available to common shareholders was $156.0 million, or $1.41 per diluted common share, compared with $125.0 million, or $1.10 per diluted common share for the second quarter of 2023. Non-GAAP net income available to common shareholders was $176.6 million, or $1.60 per diluted common share for the second quarter of 2024.

Stifel Reports Second Quarter 2024 Results

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Stifel Financial (SF) have what it takes?

Why Stifel Financial (SF) is a Great Dividend Stock Right Now

ST. LOUIS, July 10, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Stifel, Nicolaus & Company, Incorporated broker-dealer subsidiary ranked No. 1 in the employee advisor segment of the J.D.

Stifel Ranks No. 1 in J.D. Power Study for Second Straight Year

Women Owners' Network event brought together women from across the network, including several from newly affiliated firms with nearly $1 billion in client assets ST. LOUIS , July 2, 2024 /PRNewswire/ -- Stifel Financial Corp. (NYSE: SF) today announced that its independent contractor broker-dealer subsidiary, Stifel Independent Advisors, LLC, concluded its inaugural Women Owners' Network (WON) event, which brought together women from across the firm for a day of education and networking.

Stifel Independent Advisors Holds Inaugural Women Owners' Network Event

ST. LOUIS, June 27, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2024 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.

Stifel Reports May 2024 Operating Data

Why Stifel Financial (SF) is a Top Dividend Stock for Your Portfolio

ST. LOUIS, June 20, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that veteran wealth management executive Jeff Markham has joined the firm's Stifel, Nicolaus & Company, Incorporated broker-dealer subsidiary as Managing Director.

Veteran Wealth Management Executive Jeff Markham Joins Stifel to Bolster Growth and Expansion

Stifel (SF) collaborates with Lord Abbett to form a leveraged lending joint venture, SBLA Private Credit, boosting the existing capabilities of both firms. This aligns with the company's growth strategy.

Stifel (SF) Joins Lord Abbett to Form SBLA Private Credit

ST. LOUIS and JERSEY CITY, N.J., June 12, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) and Lord Abbett, LLC, today announced the formation of a substantial leveraged lending joint venture, SBLA Private Credit.

News for Stifel Financial Stock (SF)