Stifel Fin Corp Stock Price, News & Analysis

Stifel Financial Corp. (NYSE: SF) has announced the appointment of Launny Steffens as Vice Chairman of Asset Management. Steffens, a veteran financial services leader known for building Merrill Lynch's retail business, brings over 38 years of experience from his tenure at Merrill Lynch, where he helped grow assets under management from $200 billion to $1.6 trillion between 1985 and 2000.

As part of this strategic move, Stifel will acquire over $1 billion in assets under management from Spring Mountain Capital, a private investment management firm co-founded by Steffens and Greg Ho. The transaction is expected to close later this year, subject to customary conditions.

Stifel Financial Corp. (NYSE: SF) has released its July 2025 operating data, showcasing significant growth across key metrics. The company achieved record levels in total client assets of $522.3 billion, up 9% year-over-year, while fee-based client assets reached $209.1 billion, marking a 14% increase.

Notable highlights include an 87% surge in treasury deposits to $7.2 billion, demonstrating strong venture and fund deposit gathering capabilities. Bank loans increased by 1% to $21.6 billion, driven by Fund Banking and Residential lending growth. Client money market and insured product balances showed a slight decline of 2% year-over-year to $25.7 billion.

Stifel Financial Corp. (NYSE: SF) has announced its latest dividend declarations. The company's Board of Directors declared a common stock cash dividend of $0.46 per share, payable September 16, 2025, to shareholders of record as of September 2, 2025.

Additionally, quarterly cash dividends were declared for three series of preferred stock: Series B ($0.390625 per depositary share), Series C ($0.3828125 per depositary share), and Series D ($0.281250 per depositary share). These preferred stock dividends cover the period from June 16, 2025, to September 16, 2025, with the same record and payment dates as the common dividend.

Stifel Financial (NYSE:SF) reported its best second quarter ever with net revenues of $1.28 billion for Q2 2025, up from $1.2 billion year-over-year. GAAP net income was $145.7 million ($1.34 per share), compared to $156.0 million ($1.41 per share) in Q2 2024. Non-GAAP EPS reached $1.71.

The Global Wealth Management segment achieved record client assets of $516.5 billion, up 9% YoY, with net revenues of $845.6 million. The company added 82 financial advisors during the quarter, including 36 from B. Riley. The Institutional Group reported net revenues of $419.8 million with pre-tax income of $61.0 million.

Key metrics include a non-GAAP pre-tax margin of 20.3%, return on tangible common equity of 21.7%, and tangible book value per share of $33.30, up 4% from prior year.

[ "Best second quarter in company history with $1.28B in net revenues", "Record client assets of $516.5B, up 9% year-over-year", "Added 82 financial advisors, strongest recruiting quarter in 10 years", "Asset management revenues increased 6% year-over-year", "Fixed income transactional revenues up 21% from prior year", "Non-GAAP EPS grew to $1.71 from $1.60 year-over-year" ]

Stifel Financial Corp. (NYSE: SF) has scheduled its second quarter 2025 financial results conference call for Wednesday, July 30, 2025. The company will release results before market open, followed by a conference call at 9:30 a.m. Eastern time.

Chairman and CEO Ronald J. Kruszewski will host the call, which will be accessible via phone at (866) 409-1555 (participant ID 2769458) and through a live audio webcast on Stifel's website. A replay will be available approximately one hour after the call concludes.

Stifel Financial Corp. (NYSE: SF) has achieved the top ranking in the J.D. Power 2025 U.S. Financial Advisor Satisfaction Study for the third consecutive year. The company scored 819 out of 1,000, surpassing the employee segment average by 214 points and improving 52 points from the previous year.

Stifel dominated the rankings by securing first place in five individual categories: compensation, leadership and culture, operational support, products and marketing, and technology. The firm currently manages approximately $517 billion in client assets and employs about 2,340 advisors as of June 30, 2025.

Stifel Financial (NYSE:SF) has released its May 2025 operating data, showing mixed results across key metrics. Total client assets increased 3% month-over-month to $501.4 billion, driven by recruiting and market appreciation. Fee-based assets grew 4% to $199.1 billion.

The company expects Q2 2025 investment banking revenue to decline approximately 10% compared to Q2 2024, though management notes improved momentum and growing pipelines as markets stabilize. Client money market and insured product levels saw a marginal decrease of less than 1%, while bank loans decreased 2% month-over-month but remained up 7% year-over-year.

Stifel Financial Corp (NYSE: SF) has announced Olympic gold medalist Kristen Faulkner as its newest brand ambassador. Faulkner, who made history at the 2024 Paris Olympics by winning gold in both women's individual road race and track cycling team pursuit, brings a unique background combining finance and athletics. Before her Olympic success, she worked in venture capital at Bessemer Venture Partners and Threshold Ventures. As a brand ambassador, Faulkner will promote financial wellness initiatives, participate in community outreach programs, engage with clients, and appear in creative campaigns. She joins Stifel's existing roster of athletic ambassadors, including Mikaela Shiffrin, Jessie Diggins, and Alex Ferreira. Stifel maintains partnerships with various sports organizations, including the U.S. Ski Team, St. Louis Cardinals, St. Louis Blues, and the Stifel Charity Classic of the PGA Tour Champions.

Stifel Financial Corp announced that Victor Nesi, Co-President and Head of the Institutional Group, will retire from his operational roles effective July 1, 2025, while joining the company's Board of Directors. During his 16-year tenure, Nesi significantly transformed Stifel's Institutional Group, growing its revenue from $391 million in 2008 to $1.6 billion in 2024, with investment banking revenue alone increasing 20-fold from $84 million to a peak of $1.6 billion in 2021. Under his leadership, the group expanded across geographies, products, and capabilities. Nesi, who previously held leadership positions at Merrill Lynch and worked at Salomon Brothers and Goldman Sachs, joined Stifel in 2009 and played a crucial role in establishing the firm as a major investment banking player.