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Stifel Financial Corp. - SF STOCK NEWS

Welcome to our dedicated news page for Stifel Financial (Ticker: SF), a resource for investors and traders seeking the latest updates and insights on Stifel Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stifel Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stifel Financial's position in the market.

Rhea-AI Summary
Stifel Financial Corp. reported strong first quarter 2024 results with net revenues of $1.2 billion, a 9% increase year-over-year, and net income of $154.3 million. Non-GAAP net income was $163.3 million. The company highlighted record Global Wealth Management revenue, strong Institutional Group performance, and a credit rating upgrade to BBB. Expenses were well managed, with a focus on expense discipline. Stifel remains cautiously optimistic for the rest of 2024.
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Rhea-AI Summary
Stifel Financial Corp. (NYSE: SF) is set to announce its first quarter 2024 financial results on April 24, 2024, followed by a conference call to discuss the results. Investors and analysts can tune in at 9:30 a.m. Eastern time for insights into the company's performance.
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Rhea-AI Summary
Stifel Financial Corp. (NYSE: SF) receives a long-term rating upgrade from S&P to 'BBB', indicating strong credit and risk management practices. The stable outlook highlights resilient operating performance, diversified revenue streams, and solid capitalization.
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Rhea-AI Summary
Stifel Financial Corp. (NYSE: SF) reported record total client assets of $458 billion, with fee-based assets reaching $172 billion. Despite a 3% increase in client assets from the prior month, delays in deal closings pose a challenge for the business.
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Stifel Financial Corp. acquires Finance 500, Inc. and CB Resource, Inc., market leaders in CD underwriting and risk management. The deal aims to enhance Stifel's offerings, providing a technology-driven platform for sustainable growth. Terms undisclosed.
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Rhea-AI Summary
Stifel Financial Corp. (NYSE: SF) reported an increase in client assets under administration and fee-based assets in January 2024, reaching record levels of $447 billion and $167 billion, respectively. The company benefited from strong equity markets and solid recruiting pipelines. Client money market and insured products declined, but overall client cash remained flat. Stifel Financial Corp. is a financial services holding company based in St. Louis, Missouri, offering a range of banking, securities, and financial services through its subsidiaries.
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Stifel Financial Corp. (NYSE: SF) has declared a cash dividend on shares of its common stock of $0.42 per share, payable March 15, 2024, to shareholders of record at the close of business on March 1, 2024. The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 6.25% Non-Cumulative Perpetual Preferred Stock, Series B, 6.125% Non-Cumulative Perpetual Preferred Stock, Series C, and 4.50% Non-Cumulative Perpetual Preferred Stock, Series D. The cash dividends are payable on March 15, 2024 to shareholders of record on March 1, 2024.
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Rhea-AI Summary
Stifel Financial Corp. has been named the 2023 US Mid-Market Equity House of the Year by International Financing Review, recognizing its outstanding achievement in capital markets. Stifel was a bookrunner on nine of 32 US-listed IPOs, more than any of its middle-market peers. The company, along with its subsidiary KBW, played a significant role in reopening the stalled IPO market and was present on significant transactions within sectors like consumer, natural resources, and specialty finance. Stifel served as a bookrunner on high-profile transactions, including the IPOs of Mach Natural Resources, Neumora Therapeutics, and Cava Group.
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Stifel Financial Corp. reported net revenues of $1.15 billion for Q4 2023, with net income available to common shareholders of $153.2 million, or $1.38 per diluted common share. The full year results include net revenues of $4.35 billion, with net income available to common shareholders of $485.3 million, or $4.28 per diluted common share. The company recruited 171 financial advisors during the year and reported a non-GAAP pre-tax margin of 18%. The Board of Directors authorized a 17% increase in common stock dividend starting in Q1 2024.
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3.82%
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Rhea-AI Summary
Stifel Financial Corp. (NYSE: SF) is set to release its fourth quarter & full year 2023 financial results on January 24, 2024. The company will host a conference call to discuss the results, providing investors and traders with valuable insights into the company's performance.
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Stifel Financial Corp.

NYSE:SF

SF Rankings

SF Stock Data

7.66B
99.18M
3.22%
84.16%
1.17%
Investment Banking and Securities Dealing
Finance and Insurance
Link
US
St Louis

About SF

established in 1890, stifel, nicolaus & company, incorporated is one of the nation’s premier full-service financial services firms, providing brokerage, trading, investment banking, investment advisory, and related services to individual investors, professional money managers, businesses, and municipalities through more than 350 locations in 45 states and the district of columbia. stifel ranks as the 6th largest brokerage firm in the country as measured by number of financial advisors, with approximately 2,100, and features a highly regarded equity research department that has earned numerous accolades from such publications as the wall street journal, forbes, and the financial times. stifel is the principal subsidiary of stifel financial corp. (nyse: sf), a financial services holding company headquartered in st. louis, missouri. some of stifel financial’s other subsidiaries include century securities associates, inc., an independent contractor broker-dealer firm; stifel nicolaus lim