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.

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).

Stifel Announces Pricing of $300 Million of Non-Cumulative Perpetual Preferred Stock

ST. LOUIS, June 24, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the hiring of Bradley Canino as a Director and Equity Research Analyst covering the biotechnology sector. He is based in the firm's New York office.

Bradley Canino Joins Stifel As Director and Equity Research Analyst Covering Biotechnology Sector

New Hire Extends the Group's National Footprint into California and Western United States New Hire Extends the Group's National Footprint into California and Western United States

Stifel Hires Charlie Smith as Managing Director in Venture and Fund Banking Group

Bombas, Patagonia, The North Face Rank Highest in New “Stifel Sustainable Lifestyle Brands Index” Bombas, Patagonia, The North Face Rank Highest in New “Stifel Sustainable Lifestyle Brands Index”

Stifel Survey Highlights Growing Importance of Sustainability for Lifestyle Brand Consumers

Latest in Series of Strategic Hires to Bolster Full-Service Emerging Markets Debt Offering Latest in Series of Strategic Hires to Bolster Full-Service Emerging Markets Debt Offering

Stifel Taps Robert L. Rauch as Managing Director of Emerging Markets Debt Advisory

ST. LOUIS, May 03, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that Dr. Benjamin Ola. Akande will join the firm as Director of Human Resources, Diversity and Inclusion. Based in the firm's St. Louis headquarters, Dr. Akande will head Stifel's Human Resources department.

Stifel Financial Hires Benjamin Ola. Akande as Director of Human Resources, Diversity and Inclusion

Stifel Financial Corp. (SF) CEO Ron Kruszewski on Q1 2021 Results - Earnings Call Transcript

Shares of Stifel Financial (NYSE:SF) decreased 0.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 25.00% year over year to $1.50, which beat the estimate of $1.39.

Stifel Financial: Q1 Earnings Insights

ST. LOUIS, April 27, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net income available to common shareholders of $164.7 million, or $1.40 per diluted common share on record net revenues of $1.1 billion for the three months ended March 31, 2021, compared with net income available to common shareholders of $81.7 million, or $0.71 per diluted common share,(2) on net revenues of $913.0 million for the first quarter of 2020.

Stifel Reports First Quarter 2021 Results

ST. LOUIS, April 21, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) will release its first quarter 2021 financial results before the market opens on Tuesday, April 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 First Quarter 2021 Financial Results Conference Call

BUFFALO, N.Y., April 7, 2021 /PRNewswire/ -- Summer Street Capital Partners, LLC (www.summerstreetcapital.com), a private equity fund based in Buffalo, NY, announced that it has completed the sale of Curtis Bay Medical Waste Services (www.curtisbaymws.com), to Aurora Capital Partners of Los Angeles, following a competitive auction managed by Stifel.

Summer Street Capital Partners Announces Sale of Curtis Bay Medical Waste Services

Top-Ranked Analyst to Provide Coverage of Financials and REITs Top-Ranked Analyst to Provide Coverage of Financials and REITs

Stifel Hires Thierry Perrein as Managing Director in Fixed Income Capital Markets Group

BOSTON--(BUSINESS WIRE)--Eastern Bankshares, Inc. (the “Company,” or together with its affiliates and subsidiaries, “Eastern”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced that the Company has been added to the KBW Nasdaq Regional Banking Index (Index Ticker: KRX) as part of the first quarter 2021 index rebalancing. The addition will be effective prior to the opening of business on Monday, March 22, 2021. “We are

Eastern Bankshares, Inc. Added To The KBW Nasdaq Regional Banking Index

Announces Rebranding to Stifel Independent Advisors, Names Alex David President and CEO Announces Rebranding to Stifel Independent Advisors, Names Alex David President and CEO

Stifel To Refocus Century Securities Subsidiary

NEW YORK, March 12, 2021 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a full‐service, boutique investment bank and broker‐dealer that specializes in the financial services sector, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the first quarter of 2021.

KBW Announces Index Rebalancing for First-Quarter 2021

NEW YORK--(BUSINESS WIRE)-- #SF--ALERT: Scott+Scott Attorneys at Law LLP Continues to Investigate Stifel Financial Corp.'s Directors and Officers for Breach of Fiduciary Duties – SF

INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Continues to Investigate Stifel Financial Corp.'s Directors and Officers for Breach of Fiduciary Duties – SF

SAN DIEGO--(BUSINESS WIRE)---- $SF #Isler--Haeggquist & Eck, LLP Is Investigating Claims Against Stifel Financial Corp.'s Directors and Officers for Breach of Fiduciary Duty

Haeggquist & Eck, LLP Is Investigating Claims Against Stifel Financial Corp.'s Directors and Officers for Breach of Fiduciary Duty

ST. LOUIS, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced its participation in the Credit Suisse Financial Services Forum on Friday, February 26, 2021. Ron Kruszewski, Chairman and CEO, is scheduled to present at 1:00 p.m. Eastern time.

Stifel Financial to Present at the Credit Suisse Financial Services Forum

Bank of Montreal

FedEx

Innoviz Technologies

E-commerce- and transportation-focused special purpose acquisition company (SPAC) Ocelot Acquisition Corp. I filed its registration statement Friday with the Securities and Exchange Commission. The blank check company is seeking to raise $250 million through an initial public offering.

$250 million SPAC eyes e-commerce, transportation

Stifel Financial Corp (NYSE: SF) inked an agreement to acquire the future business of North Atlantic Capital Corporation, based in Portland, Maine. The acquisition further consolidates Stifel's position as an active manager of small business investment corporations (SBIC) and venture capital (VC) funds.

Stifel Financial To Acquire North Atlantic Capital's Future Venture Investment Business

ST. LOUIS and PORTLAND, Maine, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Stifel Financial (NYSE: SF) today announced an agreement to acquire the future business of North Atlantic Capital Corporation, based in Portland, Maine. The acquisition further positions Stifel as an active manager of small business investment corporations (“SBIC”) and of venture capital (“VC”) funds. In addition to the acquisition, Stifel has made a financial commitment to invest in the next North Atlantic SBIC. North Atlantic has been re-branded North Atlantic Capital – a Stifel Company.

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