Welcome to our dedicated page for Stifel Fin news (Ticker: SF), a resource for investors and traders seeking the latest updates and insights on Stifel Fin stock.
Stifel Financial Corp. (NYSE: SF) is a financial services holding company in the investment banking and securities dealing industry, with operations centered on wealth management, banking, and capital markets. Its news flow reflects activity across Global Wealth Management, the Institutional Group, and banking subsidiaries such as Stifel Bank and Stifel Bank & Trust.
On this page, readers can follow SF news related to monthly operating data, quarterly earnings, capital markets activity, and corporate actions. Recent press releases have covered selected operating results for specific month-ends, highlighting total client assets, fee-based client assets, bank loans, client money market and insured product balances, and treasury deposits. These updates provide insight into trends in client assets, funding mix, and lending.
Stifel also issues news on quarterly financial results, detailing net revenues, segment performance in Global Wealth Management and the Institutional Group, and metrics such as advisory revenues, equity and fixed income capital raising, and transactional revenues. Other announcements include conference calls to discuss results, participation in industry conferences, and dividends on common and preferred stock.
Investors and market watchers can also see news about strategic initiatives and transactions, such as the agreement for an affiliate of Equitable Holdings to acquire Stifel Independent Advisors, LLC, and the expansion of Stifel’s Venture Banking team to support life sciences and healthcare companies. Subsidiary-level developments, like hiring at 1919 Investment Counsel, LLC, also appear in the news stream.
By reviewing the SF news feed, users can track how Stifel communicates changes in client assets, capital markets activity, venture and fund banking, and corporate structure over time, and can revisit archived releases for historical context.
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.
Stifel Financial Corp (NYSE: SF) announced a three-for-two stock split as a 50% stock dividend, rewarding shareholders with additional shares. Shareholders on record by December 2, 2020, will receive one additional share for every two owned, effective December 16, 2020. Following the split, the quarterly dividend will rise from $0.1133 to $0.15 per share in 2021, marking the company's fourth consecutive annual increase. This decision reflects strong market performance and confidence in driving long-term shareholder value.
Stifel Financial Corp. (NYSE: SF) will participate in the JMP Securities Financial Services & Real Estate Conference on November 12, 2020, with CEO Ron Kruszewski presenting at 1:45 p.m. Eastern time. Presentation materials will be accessible via the Investor Relations section of the company's website before the event. A live audio webcast will also be available, along with an audio replay for 180 days post-presentation. Stifel is a diversified financial services holding company operating through various subsidiaries, offering a range of services including securities brokerage and investment banking.