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) has priced a public offering of 8,000,000 depositary shares, totaling $200 million, representing a 1/1000th interest in perpetual 6.125% Non-Cumulative Preferred Stock, Series C. Dividends will be paid quarterly at an annual rate of 6.125%. The stock may be redeemed after June 15, 2025, with a liquidation preference of $25,000 per share. The offering is expected to close on May 19, 2020. Proceeds will be used for general corporate purposes.
Stifel Financial Corp. (NYSE: SF) has declared a cash dividend of $0.17 per share, payable on June 15, 2020, to shareholders recorded by June 1, 2020. Additionally, dividends for its 6.25% Non-Cumulative Perpetual Preferred Stock, Series A and B, were announced at $0.390625 per depositary share, also payable on June 15, 2020. This move signals the company's commitment to returning value to its shareholders amidst ongoing operations in banking and financial services.
Stifel Financial Corp. (NYSE: SF) has appointed Kathleen Brown as the new Lead Independent Director, effective after the annual shareholders meeting on May 15, 2020. Brown succeeds Robert Grady, who will continue to serve on the Board as an independent member and will chair the Risk Management & Corporate Governance Committee. Kathleen Brown, a board member since 2016, brings valuable experience from the financial services industry and public service, enhancing Stifel's corporate governance strategies.