Earnings summaries and quarterly performance for STIFEL FINANCIAL.
Executive leadership at STIFEL FINANCIAL.
Ronald J. Kruszewski
Detailed
Chief Executive Officer
CEO
James M. Marischen
Detailed
Chief Financial Officer
James M. Zemlyak
Detailed
Co-President and Head of Global Wealth Management
Thomas B. Michaud
Detailed
Senior Vice President; President and CEO of KBW; Global Co-Head of Institutional Equities and Advisory
Board of directors at STIFEL FINANCIAL.
Adam T. Berlew
Detailed
Director
David A. Peacock
Detailed
Lead Independent Director
James P. Kavanaugh
Detailed
Director
Lisa L. Carnoy
Detailed
Director
Maryam S. Brown
Detailed
Director
Maura A. Markus
Detailed
Director
Michael J. Zimmerman
Detailed
Director
Michael W. Brown
Detailed
Director
Robert E. Grady
Detailed
Director
Thomas W. Weisel
Detailed
Director
Victor J. Nesi
Detailed
Director
Research analysts who have asked questions during STIFEL FINANCIAL earnings calls.
Alexander Blostein
Goldman Sachs
4 questions for SF
Also covers: AB, AMG, AMP +31 more
Devin Ryan
Citizens JMP
4 questions for SF
Also covers: AMTD, COIN, CRCL +19 more
Steven Chubak
Wolfe Research
4 questions for SF
Also covers: AMP, AMTD, APO +17 more
William Katz
TD Cowen
4 questions for SF
Also covers: AB, AMG, AMTD +25 more
Brennan Hawken
UBS Group AG
2 questions for SF
Also covers: AMP, AMTD, APO +26 more
Michael Brown
Wells Fargo Securities
2 questions for SF
Also covers: APO, ARES, BAM +18 more
Michael Cho
JPMorgan Chase & Co.
2 questions for SF
Also covers: ENV, FHI, FRGE +3 more
Christopher Allen
Citigroup
1 question for SF
Also covers: CBOE, CME, ETOR +9 more
Recent press releases and 8-K filings for SF.
Stifel Financial Corp. Reports October 2025 Operating Data
SF
Earnings
Revenue Acceleration/Inflection
- Stifel Financial Corp. reported that total client assets reached $549,984 million as of October 31, 2025, marking a 12% increase year-over-year.
- Fee-based client assets also reached a record high of $222,818 million as of October 31, 2025, growing 18% year-over-year.
- Treasury deposits increased by 35% over the prior year to $8,006 million as of October 31, 2025, attributed to venture and fund banking deposit initiatives.
- Bank loans, net, including loans held for sale, rose 1% since September to $21,796 million as of October 31, 2025.
Nov 20, 2025, 9:16 PM
Stifel Financial Discusses Strong Business Environment, Growth Strategy, and Bank M&A Market Share
SF
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Stifel Financial is experiencing a strong operating environment, with business "running above trend" across all segments, including wealth, banking, trading, investment banking, and advisory.
- The company's wealth management recruiting pipeline is robust, attracting larger and more productive advisor teams, with a strategic focus on the W-2 channel.
- Stifel's bank is integrated into its broader business, deriving 20% of revenue from Net Interest Income (NII) and 80% from wealth and banking, maintaining a rate-agnostic and conservative credit risk approach.
- The environment for Bank M&A is highly conducive, with Stifel achieving approximately 80% market share on Bank M&A year to date.
- Stifel aims to double its revenue to $10 billion and client assets under management (AUM) to $1 trillion, prioritizing capital deployment for growth.
Nov 13, 2025, 6:15 PM
Stifel Presents Financial Highlights and Strategic Objectives at Wolfe Research Wealth Symposium
SF
Guidance Update
Legal Proceedings
New Projects/Investments
- Stifel reported $5.334 billion in non-GAAP Net Revenue and $7.54 in non-GAAP Earnings Per Share for the last twelve months (LTM), with a pre-tax margin of 20.7%.
- The company's long-term strategic objectives include achieving $1 Trillion in Client Assets in Global Wealth Management, gaining market share in the Institutional Group, and focusing on capital deployment through reinvestment, dividend growth, and share repurchases.
- For 2024, Stifel's GAAP Net Revenue was $5.0 billion, with Global Wealth Management contributing 67% and the Institutional Group 33% of net revenues.
- As of September 30, 2025, Stifel Bancorp had $32.615 billion in total assets and $30.138 billion in total deposits, with over $540 billion in client assets across its wealth management operations.
Nov 13, 2025, 6:15 PM
Stifel Financial Reports Strong Business Environment and Growth Strategy
SF
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Stifel's Chairman and CEO, Ron Kruszewski, stated that "business is good" and "running above trend" across all segments, including wealth, banking, trading, investment banking, and advisory, anticipating "a little bit of runway" for this positive economic activity.
- In wealth management, Stifel is successfully recruiting larger and more productive advisor teams, focusing on the W-2 channel where the firm believes it excels.
- Stifel's bank strategy integrates with its broader business, with only 20% of revenue derived from Net Interest Income (NII), making the firm "relatively rate agnostic" and not taking interest rate risk bets. Deposits are growing at over $1 billion a quarter.
- The capital markets environment for Bank M&A is "very conducive," with Stifel's KBW unit achieving an 80% market share in Bank M&A year-to-date.
- The company aims to double its revenue from $5 billion to $10 billion and client AUM to $1 trillion, prioritizing capital deployment for growth and acquisitions over stock buybacks, while maintaining a track record of "mid-teens earnings growth". AI deployment is also a key focus for productivity gains.
Nov 13, 2025, 6:15 PM
Stifel Financial Discusses Strong Business Momentum and Growth Strategy
SF
Guidance Update
M&A
New Projects/Investments
- Stifel Financial (SF) reports strong business momentum across all segments, including wealth, banking, trading, investment banking, and advisory, driven by a favorable macro environment and a regulatory landscape encouraging M&A.
- The company is a "net winner" in wealth management recruiting, attracting larger, more productive advisor teams and focusing on the W-2 channel.
- Stifel's bank operations contribute 20% of revenue from Net Interest Income (NII), with deposits growing at over $1 billion per quarter, and the company maintains a rate-neutral posture while having "off the charts" loan demand.
- In capital markets, Stifel has achieved an 80% market share in Bank M&A year-to-date and anticipates normalized institutional business revenues to be higher than the previously stated $1.8 billion, with expected normalized margins of 20-22%.
- The company prioritizes capital deployment for growth, aiming to double revenues from $5 billion to $10 billion and client AUM to $1 trillion, while consistently targeting mid-teens earnings growth.
Nov 13, 2025, 6:15 PM
Gevo Sells Remaining 2025 45Z Production Tax Credits
SF
New Projects/Investments
Revenue Acceleration/Inflection
- Gevo, Inc. sold its remaining $30 million in 2025 Section 45Z Clean Fuel Production Credits to Stifel Financial Corp. and Capital Community Bank.
- This sale brings Gevo's total 2025 Section 45Z credit sales to $52 million, including $22 million previously sold in July.
- The cash generated from these sales will be reinvested in Gevo's ethanol and carbon businesses to improve throughput, expand margins, and increase production.
- Gevo expects these sales to greatly enhance cash flow from operations and be recurring, with the credits backed by a tax insurance policy.
Nov 5, 2025, 2:00 PM
Stifel Financial Announces Sale of Independent Advisors Unit
SF
M&A
New Projects/Investments
- Equitable's affiliate has entered into an agreement to acquire Stifel Independent Advisors, LLC, a subsidiary of Stifel Financial Corp..
- The transaction, which is expected to close in the first quarter of 2026, involves more than 110 independent advisors managing approximately $9 billion in client assets.
- Stifel Financial Corp. will retain its employee advisor channel, reinforcing its commitment to grow assets under management from $500 billion to $1 trillion.
Oct 27, 2025, 12:30 PM
Stifel Financial Reports Record Q3 2025 Results
SF
Earnings
Revenue Acceleration/Inflection
Guidance Update
- Stifel Financial achieved record net revenue of over $1.4 billion and record third-quarter earnings per share of $1.95 for Q3 2025, marking a 17% year-over-year increase in net revenue and a 30% rise in operating EPS. The company's pretax margin reached 21.2%.
- Both segments contributed to performance, with Global Wealth Management reporting record revenue of $907 million and record total client assets of $544 billion. The Institutional Group's revenue grew 34% year-over-year to $500 million, driven by a 33% increase in Investment Banking revenue and strong trading activity.
- Investment banking advisory pipelines ended the quarter at record levels, indicating strong future visibility. The company forecasts Q4 2025 Net Interest Income (NII) between $270 million and $280 million. Stifel also emphasized its consistent capital allocation strategy, including dividends and stock repurchases, based on risk-adjusted returns.
Oct 22, 2025, 1:30 PM
Stifel Financial Corp. Reports Strong Third Quarter 2025 Results
SF
Earnings
Revenue Acceleration/Inflection
- Stifel Financial Corp. reported record net revenues of $1.43 billion and Non-GAAP diluted earnings per share of $1.95 for the third quarter of 2025.
- Global Wealth Management achieved record net revenues of $907.4 million, while the Institutional Group saw its revenue increase by 34% compared to the prior year quarter.
- The company reported record client assets of $544.0 billion as of September 30, 2025, marking a 10% increase over the year-ago quarter.
- Investment banking revenues grew by 33%, capital raising revenues by 36%, advisory revenues by 31%, and transactional revenues by 20% over the year-ago quarter.
- For Q3 2025, the Non-GAAP pre-tax margin was 21.2% and the annualized return on tangible common equity (ROTCE) was 24.3%.
Oct 22, 2025, 1:05 PM
Stifel Financial Reports Third Quarter 2025 Results
SF
Earnings
Dividends
Share Buyback
- Stifel Financial Corp. reported net revenues of $1.4 billion for the three months ended September 30, 2025, an increase of 16.7% compared to $1.2 billion in the prior year quarter.
- GAAP diluted earnings per common share for the third quarter of 2025 was $1.84, up from $1.34 in the third quarter of 2024. Non-GAAP diluted earnings per common share was $1.95 for Q3 2025, compared to $1.50 in Q3 2024.
- The company achieved record net revenue driven by record results in Global Wealth Management and a 34% increase in Institutional revenue.
- Record client assets reached $544.0 billion, representing a 10% increase over the year-ago quarter.
- During the third quarter, Stifel repurchased $31.2 million of its outstanding common stock and declared a $0.46 quarterly dividend per share.
Oct 22, 2025, 11:00 AM
Quarterly earnings call transcripts for STIFEL FINANCIAL.
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