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.

The Ferguson Wealth Advisory Group Opens New Office in Athens, Georgia The Ferguson Wealth Advisory Group Opens New Office in Athens, Georgia

Richard “Dick” Ferguson to Join Stifel Private Client Group Executive Team

‘SF Credit Partners' to Expand Lending Capabilities and Collaboration Across Both Firms ‘SF Credit Partners' to Expand Lending Capabilities and Collaboration Across Both Firms

Stifel and Korea Investment & Securities Form Joint Venture

Knepper to Focus on High Yield and Distressed Sales, Osswalt Responsible for Crossover Trading Knepper to Focus on High Yield and Distressed Sales, Osswalt Responsible for Crossover Trading

Stifel Appoints Jonathan Knepper and Edward Osswalt as Managing Directors in Fixed Income Capital Markets Group

ST. LOUIS, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that Daybreak Financial Group has joined the firm's broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, in New York City.

Daybreak Financial Group Joins Stifel in New York City

Overwhelming Majority of Respondents Bracing for Recession; Strategic M&A Remains in Focus Overwhelming Majority of Respondents Bracing for Recession; Strategic M&A Remains in Focus

New Stifel Survey Finds Inflation and Labor Shortages Pose Greatest Risk to Business

ST. LOUIS, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that Jim Kavanaugh has been appointed a member of the firm's Board of Directors, effective August 2, 2022.

Stifel Appoints Jim Kavanaugh to Board of Directors

NEW YORK , Aug. 3, 2022 /PRNewswire/ -- Turning Rock Partners ("TRP" or "Turning Rock"), a New York-based private investment firm, today announced it has closed its second fund with commitments of approximately $475M, exceeding its target raise. Turning Rock received strong support from new and existing investors, including notable public and corporate pension plans, banks, insurance companies, global asset managers, foundations, and large family offices.

Turning Rock Partners Closes Fund II

ST. LOUIS, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced financial advisor The Power Wealth Management Team has joined the firm's broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, in Frontenac, Missouri.

The Power Wealth Management Team Joins Stifel in Frontenac

ST. LOUIS, July 27, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.1 billion for the three months ended June 30, 2022, compared with $1.2 billion a year ago. Net income available to common shareholders of $151.5 million, or $1.29 per diluted common share, compared with $189.8 million, or $1.60 per diluted common share for the second quarter of 2021. Non-GAAP net income available to common shareholders of $163.9 million, or $1.40 per diluted common share for the second quarter of 2022.

Stifel Reports Second Quarter 2022 Results

ST. LOUIS, July 25, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) will release its second quarter 2022 financial results before the market opens on Wednesday, July 27, 2022. 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 2022 Financial Results Conference Call

ST. LOUIS, July 19, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the hiring of Ruben Roy as a Managing Director and Equity Research Analyst covering the Applied Technology sector. He is based in the firm's New York office.

Ruben Roy Joins Stifel as Managing Director and Equity Research Analyst Covering Applied Technology Sector

ST. LOUIS and FRANKFURT, Germany, July 01, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the completion of its acquisition of ACXIT Capital Partners, a leading independent corporate finance and financial advisory firm serving European middle-market clients and entrepreneurs. The addition of ACXIT to the Stifel platform adds about 50 investment banking professionals, located primarily in Frankfurt, Zurich, and Munich.

Stifel Completes Acquisition of ACXIT Capital Partners

Fixed Income Specialist to Lead Efforts to Expand Stifel's Front-End Credit Sales Fixed Income Specialist to Lead Efforts to Expand Stifel's Front-End Credit Sales

Stifel Hires Michael Gonzales as Managing Director in Fixed Income Capital Markets Group

Stifel Financial (SF) agrees to acquire ACXIT Capital, a leading independent corporate finance and financial advisory firm.

Stifel Financial (SF) Signs Deal to Acquire ACXIT Capital

Addition of Leading DACH Corporate Finance & Advisory Firm Extends European Footprint Addition of Leading DACH Corporate Finance & Advisory Firm Extends European Footprint

Stifel to Acquire ACXIT Capital Partners

ST. LOUIS, June 06, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced several key hires within its Municipal Securities Group. John McShane, Edward Murray, Joseph Muscatello, and Michael Wolf join the firm's top ranked Public Finance department as Managing Directors. Additionally, Rachel Perlman, Craig Burdulis, and Maryanne Kelly join the firm's Municipal Capital Markets practice. Perlman is a Director in the institutional sales group while Burdulis is a Director on the underwriting team. Kelly joins as a Vice President and provides underwriting and sales support.

Stifel Expands Municipal Securities Group

Stifel Financial Corp. (NYSE:SF ) Q1 2022 Earnings Conference Call April 27, 2022 9:30 AM ET Company Participants Joel Jeffrey - Head of Investor Relations Ron Kruszewski - Chairman, Chief Executive Officer Victor Nesi - Co-President Jim Zemlek - Co-President Jim Marischen - Chief Financial Officer Conference Call Participants Steven Chubak - Wolfe Research Alex Blostein - Goldman Sachs Chris Allen - Compass Point Operator Good day, and thank you for standing by. Welcome to the First Quarter Earnings Call 2022.

Stifel Financial Corp. (SF) CEO Ron Kruszewski on Q1 2022 Results - Earnings Call Transcript

Stifel Financial Corp. SF, +3.32% shares rose 3.2% on Wednesday after the company said its first-quarter earnings fell slightly to $164.23 million, or $1.39 a share, from $164.73 million, or $1.40 a share, in the year-ago period. Adjusted earnings at the investment banking and brokerage company edged down to $1.49 a share from $1.50 a share.

Stifel shares rise on stronger-than-expected profit

ST. LOUIS, April 27, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.1 billion for the three months ended March 31, 2022, compared with $1.1 billion a year ago. Net income available to common shareholders was $164.2 million, or $1.39 per diluted common share, compared with $164.7 million, or $1.40 per diluted common share for the first quarter of 2021. Non-GAAP net income available to common shareholders of $175.6 million, or $1.49 per diluted common share for the first quarter of 2022.

Stifel Reports First Quarter 2022 Results

ST. LOUIS, April 25, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the release of its inaugural Environmental, Social & Governance (“ESG”) Report, detailing the company's initiatives and commitment to these important factors.

Stifel Financial Releases Inaugural Environmental, Social & Governance Report

ST. LOUIS, April 20, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) will release its first quarter 2022 financial results before the market opens on Wednesday, April 27, 2022. 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 First Quarter 2022 Financial Results Conference Call

Substantially All Employees to Achieve Equity Ownership in Company Substantially All Employees to Achieve Equity Ownership in Company

Stifel Financial Gives $5,000 Stock Grant to Approximately 4,200 Employees

NEW YORK & ST. LOUIS--(BUSINESS WIRE)--iCapital will acquire Stifel's alternative investment feeder fund platform in an expansion of their existing partnership.

iCapital® to Acquire Stifel Feeder Fund Platform

RYE, N.Y., Feb. 24, 2022 /PRNewswire/ -- Greenbriar Equity Group, L.P. ("Greenbriar"), a leading middle market private equity firm today announced that funds managed by Greenbriar acquired a majority position in JEGS Automotive ("JEGS"), a leading online national retailer and distributor of high-performance aftermarket auto parts and accessories.

Greenbriar Announces Acquisition of JEGS Automotive

ST. LOUIS, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has been named 2021 U.S. Mid-Market Equity House of the Year by International Financing Review (IFR), recognizing outstanding capital markets achievement.

News for Stifel Financial Stock (SF)