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. reports developments across a diversified financial-services business that includes wealth management, investment banking, lending, trading, and retail and institutional brokerage. Company news commonly covers earnings releases, selected operating data, client assets, fee-based assets, bank loans, client money market and insured products, treasury deposits, and capital returns on common and preferred stock.
Other updates describe Stifel’s platform expansion, including project finance for energy and infrastructure, venture banking and fund banking capabilities, public finance work for hospitals and health systems, and equity sales and research coverage. News also includes subsidiary activity such as Keefe, Bruyette & Woods index administration and changes affecting Stifel’s advisory and capital markets franchises.
Stifel Financial Corp. (NYSE: SF) has announced a rebranding of its subsidiary, Century Security Associates, Inc., to Stifel Independent Advisors. Alex David has been appointed as President and CEO of the newly named independent contractor broker-dealer. This strategic shift aims to enhance Stifel's appeal to independent advisors, capitalizing on its longstanding experience in the independent advisory sector. David, previously at Wells Fargo Advisors, brings over 13 years of industry expertise, focusing on financial advisor recruitment and development.
Stifel Financial Corp. (NYSE: SF) will participate in the Credit Suisse Financial Services Forum on February 26, 2021, with a presentation by CEO Ron Kruszewski at 1:00 p.m. Eastern time. A live audio webcast will be accessible through the company’s Investor Relations section on their website. For those unable to attend, an audio replay will be available within 24 hours post-presentation. The announcement highlights Stifel's financial services, including brokerage, investment banking, and lending solutions.
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.