Stifel Fin Corp Stock Price, News & Analysis

Stifel Financial (NYSE: SF) announced the acquisition of North Atlantic Capital Corporation, enhancing its role in small business investment corporations and venture capital funds. This strategic move allows Stifel to leverage North Atlantic's expertise in high-growth technology investments, providing portfolio companies access to Stifel's extensive resources. The rebranding of North Atlantic as a subsidiary of Stifel aims to boost competitive positioning in the venture capital market. The transaction reflects Stifel's commitment to expanding its investment capabilities and supporting innovative businesses.

Stifel Financial Corp. (NYSE: SF) announced a cash dividend of $0.15 per share on common stock, marking a 32% increase from the previous quarter. This dividend is payable on March 15, 2021, to shareholders of record by March 1, 2021. Additionally, cash dividends were declared for the Series A, B, and C Non-Cumulative Perpetual Preferred Stock, amounting to approximately $0.39 per depositary share for Series A and B, and $0.38 for Series C, also payable on March 15, 2021.

Stifel Financial Corp. (NYSE: SF) achieved record net revenues of $3.8 billion for the year, marking a 12.4% increase over 2019, alongside quarterly net revenues of $1.1 billion, up 20.0% from Q3 2020. The company recorded net income of $180.8 million or $1.55 per diluted share, a 43.7% increase year-over-year. Non-GAAP earnings per share hit $1.67, further demonstrating financial strength. Stifel also announced a 32% increase in dividends to $0.15 per share, reflecting strong performance in brokerage and capital raising despite a decline in net interest income.

Stifel Financial Corp. (NYSE: SF) announced the appointment of Egizio Bianchini as Vice-Chairman, Managing Director, and Head of Mining Investment Banking for Stifel GMP. Based in Toronto, Bianchini brings extensive experience from roles at Ivanhoe Mines and BMO Capital Markets, where he was pivotal in building a leading global metals and mining franchise. His addition aims to strengthen Stifel's position in the Canadian mining finance sector, which is crucial to the economy. Bianchini expressed enthusiasm about joining Stifel, highlighting its reputation in financial services.

Stifel Financial Corp. (NYSE: SF) is set to announce its fourth quarter and full year 2020 financial results on January 29, 2021, prior to market opening. A conference call, hosted by Chairman and CEO Ronald J. Kruszewski at 9:30 a.m. Eastern time, will provide insights into the results. Interested listeners can join by calling (877) 876-9938 and referencing conference ID 1145988. The presentation will also be accessible via Stifel's website, along with a replay after the live call.

Stifel Financial Corp. (NYSE: SF) has appointed Dae Gon Ha, Ph.D., as Director and Equity Research Analyst for the biotechnology sector, based in Boston. Previously a Vice President at BTIG and SVB Leerink, Dr. Ha brings extensive experience in biotechnology research, particularly in rare diseases. His addition aims to enhance Stifel's healthcare research capabilities, which currently boasts a 52-member team covering 235 companies. This strategic move is aligned with the firm's commitment to providing expert analysis in the growing biotech market.

Stifel Financial Corp. (NYSE: SF) will participate in the Goldman Sachs U.S. Financial Services Conference on December 9, 2020, with CEO Ron Kruszewski presenting at 8:00 a.m. Eastern time. Presentation materials will be available on the company's Investor Relations website prior to the event, and a live audio webcast will also be accessible. An audio replay will be provided for 180 days post-presentation. Stifel, headquartered in St. Louis, Missouri, offers various financial services through its subsidiaries.

Stifel Financial Corp. (NYSE: SF) has appointed Mathieu L’Allier as Vice Chairman and Managing Director, leading the investment banking sector in Eastern Canada. Based in Montreal, L’Allier previously founded Mission Capital Group and brings over 17 years of experience from BMO Capital Markets, advising on M&A transactions exceeding $175 billion. This strategic hire underscores Stifel’s commitment to expanding its footprint in Eastern Canada, enhancing its investment banking capabilities, and reinforcing its executive team.

Stifel Financial Corp. (NYSE: SF) announced the appointment of Dean Seavers as a senior advisor. Seavers, former U.S. President and Executive Director of National Grid, will enhance Stifel's Business and Utility Services sectors. His leadership experience includes transforming National Grid's operations and co-founding Red Hawk Fire & Security. Stifel aims to strengthen its business services and has recently increased its Managing Directors by nearly double, showcasing its commitment to enhancing client services.