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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

ST. LOUIS and LONDON, Sept.  22, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the hiring of Ben Tompkins as a Managing Director in its Global Technology Group, based in London. Ben joins the full-service Stifel platform as an investment banker primarily focused on cloud-based software and software applications supporting financial institutions, e-commerce, data analytics, productivity, and consumer markets.

Stifel Adds Senior Technology Investor and Banker Ben Tompkins to its Global Technology Group in Europe

Key Hires Help Advance Industry-Leading Healthcare Franchise Further into Healthcare Services and Healthcare IT Key Hires Help Advance Industry-Leading Healthcare Franchise Further into Healthcare Services and Healthcare IT

Stifel Bolsters Healthcare Services Investment Banking Team With Three New Managing Directors

ST. LOUIS, Aug.  25, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that Konstantinos N. Aprilakis, M.D. has joined the firm as a Managing Director and Senior Analyst covering the biotechnology sector. He is based in the firm’s New York office.

Stifel Hires Konstantinos Aprilakis, M.D. as Managing Director Covering Biotech Sector

Stifel Financial Corp (SF) CEO Ronald Kruszewski on Q2 2020 Results - Earnings Call Transcript

Shares of Stifel Financial (NYSE:SF) were unchanged in pre-market trading after the company reported Q2 results.

Stifel Financial: Q2 Earnings Insights

ST. LOUIS, July  29, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net income available to common shareholders of $103.0 million, or $1.39 per diluted common share on net revenues of $895.8 million for the three months ended June 30, 2020, compared with net income available to common shareholders of $103.8 million, or $1.31 per diluted common share, on net revenues of $800.8 million for the second quarter of 2019.

Stifel Reports Second Quarter 2020 Results

ST. LOUIS, July  24, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) will release its second quarter 2020 financial results before the market opens on Wednesday, July 29, 2020.  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 Second Quarter 2020 Financial Results Conference Call

ST. LOUIS and LONDON, July  23, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced five senior hires within its European Fixed Income division. Matt Smith, Cedric Beaumont, Christopher Greenwood, Andrew Oliver, and Chris Spear have all joined Stifel’s Fixed Income Group and are based in various locations throughout Europe. The team will strengthen the group’s global presence and further augment Stifel’s growing Leveraged Loans and GBP franchises.

Stifel Augments European Fixed Income Team with Key New Hires

Tech Executives & Entrepreneurs Believe Worst May Be Over and Expect Jumpstart in M&A Activity Tech Executives & Entrepreneurs Believe Worst May Be Over and Expect Jumpstart in M&A Activity

Global Technology Industry Shows Signs of Resiliency Amid  COVID-19 Pandemic, According to Findings of New Stifel Survey

ST. LOUIS, July  14, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced an agreement with David Carpenter, former CEO of PureStar, to serve as a senior advisor. He will work with Stifel professionals across industry verticals, with a primary focus on Business Services.

Stifel Hires Former PureStar CEO David Carpenter as Senior Advisor

ST. LOUIS, June  29, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the hiring of Rob Wagman, former President and CEO of LKQ Corp. (NYSE: LKQ), as a senior advisor. He will primarily work with Stifel’s growing investment banking team, which includes a diverse group of senior investment bankers covering all facets of the global automotive, mobility, capital goods, auto aftermarket, and auto technology sectors. Mr. Wagman currently serves as a board member to a number of leading automotive aftermarket and industrial companies and brings to Stifel more than three decades of experience as a senior executive.

Stifel Hires Former LKQ CEO Rob Wagman as Senior Advisor to Augment Investment Banking Team

Respondents Expecting Potentially Disruptive “Second Wave” & Bracing for Another Pandemic This Decade Respondents Expecting Potentially Disruptive “Second Wave” & Bracing for Another Pandemic This Decade

New Stifel Survey of Life Science Executives and Investors Finds Optimism for COVID-19 Vaccine, but not Until Late 2021 or Beyond

Stifel Financial Corp.: A New 6.125% Preferred Stock IPO Trading At A 4.50% Premium

Stifel Selects Nasdaq to Power its Alternative Trading System Stifel Selects Nasdaq to Power its Alternative Trading System

Stifel Financial and Nasdaq Sign New Market Technology Agreement

Raymond James

Given the sweeping uncertainty created by COVID-19, the name of the game these days on Wall Street is risk management.

Wells Fargo Downgrades Wealth Management Stocks

ST. LOUIS, May  18, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the hiring of two experienced Managing Directors in its Investment Banking division. Alex Rohan joins Miller Buckfire, Stifel’s restructuring unit, and Greg Urban joins the Stifel Diversified Industrials Group, with a specific focus on the automotive sector. Both have a broad range of experience and expertise, including in restructuring, which is in high demand due to economic fallout from the COVID-19 crisis.

Stifel Augments Leading Restructuring Capabilities With Key New Hires

ST. LOUIS, May  13, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the pricing of $400 million principal amount of 4.000% Senior Notes due 2030 (the “Notes”).  The Notes will bear interest at a rate of 4.000% per annum and will mature on May 15, 2030.  The net proceeds from this offering will be used for general corporate purposes.  The offering is expected to close on May 20, 2020, subject to customary closing conditions.

Stifel Announces Pricing of $400 Million of Senior Notes

ST. LOUIS, May  12, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has priced an underwritten registered public offering of 8,000,000 depositary shares ($200 million of aggregate public offering price), each representing a 1/1000th interest in a share of perpetual 6.125% Non-Cumulative Preferred Stock, Series C, $1.00 par value, with a liquidation preference of $25,000 per share (equivalent to $25 liquidation preference per depositary share).

Stifel Announces Pricing of $200 Million of Non-Cumulative Perpetual Preferred Stock

ST. LOUIS, May  05, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that Kathleen Brown was appointed Lead Independent Director to the Stifel Board, effective at the conclusion of the annual shareholders meeting scheduled for May 15, 2020. Kathleen succeeds Robert Grady who has served as Lead Independent Director since 2017 and will remain on the Board as an independent member as well as the Chairman of the Risk Management & Corporate Governance Committee and a member of the Executive Committee. Ms. Brown’s appointment was a component of Stifel’s overall corporate governance approach that includes the regular rotation of directors into the role of Lead Independent Director.

Stifel Financial Appoints Kathleen Brown Lead Independent Director

Stifel Financial Corp. (SF) CEO Ron Kruszewski on Q1 2020 Results - Earnings Call Transcript

Exits to Slow, Potential Add-On Acquisitions Eyed, and Customer Churn Limited Exits to Slow, Potential Add-On Acquisitions Eyed, and Customer Churn Limited

New Stifel Survey Examines Impact of COVID-19 on Global Technology Community

ST. LOUIS, April  08, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that it is participating in the federal government’s new Paycheck Protection Program (PPP), administered by the Small Business Administration (SBA). This innovative program is aimed at providing financial assistance to small businesses that have been negatively impacted by the COVID-19 pandemic.

STIFEL TO SERVE AS GATEWAY TO SMALL BUSINESS ADMINITRATION’S PAYCHECK PROTECTION PROGRAM

ST. LOUIS, April  06, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) has been named Investment Bank of the Year by Mergers & Acquisitions magazine. Stifel was singled out for its significant growth and outstanding achievement in middle-market M&A activity in 2019.

STIFEL NAMED INVESTMENT BANK OF THE YEAR BY MERGERS & ACQUISITIONS MAGAZINE

Firm Takes Near 10% Market Share in 2019 London Markets Activity Firm Takes Near 10% Market Share in 2019 London Markets Activity

Stifel Ranks Among Top Investment Banks in UK Capital-Raising Market

ST. LOUIS, Jan.  30, 2020  (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors has increased the company’s share repurchase authorization to 10 million shares.  The Board’s authorization does not have a fixed expiration date and shares may be repurchased through open market or privately negotiated transactions based on prevailing market conditions. 

News for Stifel Financial Stock (SF)