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

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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.

ST. LOUIS, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors declared a quarterly cash dividend on the outstanding shares of its 6.25% Non-Cumulative Perpetual Preferred Stock, Series B (the “Series B Preferred Stock”), 6.125% Non-Cumulative Perpetual Preferred Stock, Series C (the “Series C Preferred Stock”), and 4.50% Non-Cumulative Perpetual Preferred Stock, Series D (the “Series D Preferred Stock”). The declared cash dividend on the Series B Preferred Stock, Series C Preferred Stock, and Series D Preferred Stock is for the period from December 15, 2021, up to, but excluding, March 15, 2022. The declared cash dividend equated to approximately $0.390625 per depositary share, or $390.625 per share of the Series B Preferred Stock outstanding. The declared cash dividend equated to approximately $0.3828125 per depositary share, or $382.8125 per share of the Series C Preferred Stock outstanding. The declared cash dividend equated to approximately $0.281250 per depositary share, or $281.250 per share of the Series D Preferred Stock outstanding. The cash dividends are payable on March 15, 2022 to shareholders of record on March 1, 2022.

Stifel Declares Quarterly Preferred Stock Cash Dividend

Collaboration Aims to Further Connect Female Entrepreneurs with Necessary Capital to Succeed Collaboration Aims to Further Connect Female Entrepreneurs with Necessary Capital to Succeed

Stifel Announces Alliance with LFE Capital

ST. LOUIS, Jan. 26, 2022 (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 $0.30 per share, payable March 15, 2022, to shareholders of record at the close of business on March 1, 2022.

Stifel Doubles Common Stock Cash Dividend

Stifel Financial Corp. (SF) CEO Ron Kruszewski on Q4 2021 Results - Earnings Call Transcript

ST. LOUIS, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported record net revenues of $1.3 billion for the three months ended December 31, 2021, compared with $1.1 billion a year ago. Net income available to common shareholders was $252.1 million, or $2.12 per diluted common share, compared with $180.8 million, or $1.55 per diluted common share for the fourth quarter of 2020. Non-GAAP net income available to common shareholders of $265.4 million, or $2.23 per diluted common share for the fourth quarter of 2021.

Stifel Reports Record Fourth Quarter and Full Year Results

ST. LOUIS, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) will release its fourth quarter and full year 2021 financial results before the market opens on Wednesday, January 26, 2021. 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 Fourth Quarter & Full Year 2021 Financial Results Conference Call

New Hires Augment Efforts to Best Serve Lending Needs of the Private Equity Community New Hires Augment Efforts to Best Serve Lending Needs of the Private Equity Community

Stifel Grows Sponsor Finance Group

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Ultivue, an industry leader in multiplexing tools for tissue biomarker analysis, will participate in the Stifel 2021 Virtual Healthcare Conference to be held November 15th – 17, 2021. The conference incorporates presentations and innovative panel discussions hosted by senior leadership in the health care industry. Ultivue's President and Chief Executive Officer, Jacques Corriveau, and Chief Financial Offer, Richard C. Malabre, will present at 9:20 am ET on Nov

Ultivue to Participate in the Stifel 2021 Virtual Healthcare Conference

ST. LOUIS, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that it has completed the acquisition of Vining Sparks, an industry leader in providing strategic balance sheet and investment solutions to depository institutions, municipalities, money managers, insurance companies, trust departments, and pension funds.

Stifel Financial Corp. Completes Acquisition of Vining Sparks

Stifel Financial Corp. (SF) CEO Ron Kruszewski on Q3 2021 Results - Earnings Call Transcript

ST. LOUIS, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net income available to common shareholders of $182.7 million, or $1.54 per diluted common share on net revenues of $1.1 billion for the three months ended September 30, 2021, compared with net income available to common shareholders of $110.6 million, or $0.97 per diluted common share (1) on net revenues of $883.3 million for the third quarter of 2020. For the three months ended September 30, 2021, the Company reported non-GAAP net income available to common shareholders of $195.7 million, or $1.65 per diluted common share.

Stifel Reports Third Quarter 2021 Results

ST. LOUIS, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) will release its third quarter 2021 financial results before the market opens on Wednesday, October 27, 2021. 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 2021 Financial Results Conference Call

ST. LOUIS, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that the Lake Wealth Management Group has joined the firm's broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated.

Stifel Welcomes Lake Wealth Management Group, Opens Two New Offices in Missouri

ST. LOUIS, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that Mark Kelley has joined the firm as a Managing Director and Senior Equity Research Analyst covering the internet sector. He is based in the firm's Chicago office.

Stifel Hires Mark Kelley as Managing Director and Senior Analyst Covering Internet Sector

ST. LOUIS, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has entered into a definitive agreement to acquire 100% of Vining Sparks and its affiliates (“Vining Sparks”). Terms of the transaction, which is expected to close in the fourth quarter of 2021, were not disclosed.

Stifel to Acquire Vining Sparks

ST. LOUIS, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the hiring of Ed Ribaudo as a Managing Director and Head of Leveraged Finance Capital Markets. In this new role, Mr. Ribaudo is responsible for leading the firm's Leveraged Finance Capital Markets and Syndicate functions and is based in Stifel's New York City office.

Stifel Hires Ed Ribaudo as Managing Director and Head of Leveraged Finance Capital Markets

ST. LOUIS, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the hiring of David Rubulotta and the promotion of Brant McDuffie as Deputy Co-Heads of Fixed Income Capital Markets. They will report to Eric Needleman, Global Head of Fixed Income Capital Markets.

Stifel Names David Rubulotta and Brant McDuffie Deputy Co-Heads of Fixed Income Capital Markets

Corporate Executives, Business Owners, and Private Equity Investors Identify Supply Chain Disruptions and COVID-19 Case Surge as Additional Challenges to Navigate Corporate Executives, Business Owners, and Private Equity Investors Identify Supply Chain Disruptions and COVID-19 Case Surge as Additional Challenges to Navigate

New Stifel Survey Finds Tight Labor Market Poses Greatest Risk To Business

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Stifel Financial Corp (SF) CEO Ronald Kruszewski on Q2 2021 Results - Earnings Call Transcript

Shares of Stifel Financial (NYSE:SF) rose 1.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 9.68% year over year to $1.70, which beat the estimate of $1.35.

Recap: Stifel Financial Q2 Earnings

ST. LOUIS, July 28, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net income available to common shareholders of $189.8 million, or $1.60 per diluted common share on net revenues of $1.2 billion for the three months ended June 30, 2021, compared with net income available to common shareholders of $103.0 million, or $0.92 per diluted common share ( 1 ) on net revenues of $895.8 million for the second quarter of 2020. For the three months ended June 30, 2021, the Company reported non-GAAP net income available to common shareholders of $202.1 million, or $1.70 per diluted common share. The Company's reported GAAP net income for the three months ended June 30, 2021 was primarily impacted by merger-related expenses.

Stifel Reports Second Quarter 2021 Results

ST. LOUIS, July 22, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) will release its second quarter 2021 financial results before the market opens on Wednesday, July 28, 2021. 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 2021 Financial Results Conference Call

ST. LOUIS, July 21, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that it will redeem all 6,000,000 of its depositary shares relating to its 6.25% Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”) (NYSE: SF PRA). The redemption price will be $25.00 per depositary share plus accrued and unpaid dividends to, but excluding, the date of redemption, August 20, 2021.

Stifel Announces Redemption of All Outstanding Depository Shares Representing Interests in Its 6.25% Non-Cumulative Preferred Stock, Series A

ST. LOUIS, July 15, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has priced an underwritten registered public offering of 12,000,000 depositary shares ($300 million of aggregate public offering price), each representing a 1/1000th interest in a share of perpetual 4.50% Non-Cumulative Perpetual Preferred Stock, Series D, $1.00 par value, with a liquidation preference of $25,000 per share (equivalent to $25 liquidation preference per depositary share).

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