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.
Tobin Scientific, a leading provider of cGMP storage and biorepository services, has secured a $65M minority growth equity investment led by Denali Growth Partners and Truck 9 Partners, along with financing from Eastern Bank. The company, which operates over 365,000 square feet of cold chain and ambient warehouse space, will use the funding to expand its cGMP-compliant storage and logistics capacity, broaden its geographic presence in key pharmaceutical hubs, and pursue M&A opportunities. The executive management team remains unchanged, with no change in control.
The company specializes in cold chain transport, compliant storage solutions, and end-to-end project execution for laboratories, manufacturing sites, and biorepositories across the U.S. Stifel Financial Corp. acted as the exclusive financial advisor for the transaction.
Stifel Financial Corp. (NYSE: SF) reported record first-quarter net revenues of $1.26 billion for Q1 2025, up from $1.16 billion in Q1 2024. However, net income decreased to $43.7 million ($0.39 per diluted share) from $154.3 million ($1.40 per diluted share) year-over-year.
The company saw growth across all revenue lines, with notable increases in asset management revenues (+11%), advisory revenues (+15%), and capital raising revenues (+6%). Client assets reached $485.9 billion, up 4% from the previous year. The quarter was marked by successful recruitment of 52 financial advisors.
Performance was significantly impacted by elevated provisions for legal matters, affecting non-GAAP earnings by $1.16 per diluted share (after-tax). The pre-tax margin declined to 6% from 19.8% in Q1 2024, while ROTCE decreased to 6.2% from 20.9%.
Stifel Financial Corp. (NYSE: SF) has announced it will release its first quarter 2025 financial results before market opening on Wednesday, April 23, 2025. The company will host a conference call at 9:30 a.m. Eastern time to review the results, featuring Chairman and CEO Ronald J. Kruszewski.
Interested parties can access the call by dialing (866) 409-1555 with participant ID 2769458. A live audio webcast and presentation will be available through Stifel's website. A replay will be accessible approximately one hour after the call concludes.
Stifel Financial Corp. operates through various subsidiaries providing financial services, including securities brokerage, investment banking, trading, advisory services, and consumer and commercial lending solutions through Stifel Bank and Stifel Bank & Trust.
Stifel Financial Corp. (NYSE: SF) has successfully completed the acquisition of 36 B. Riley employee advisors, adding approximately $4 billion in assets under management to their portfolio. This strategic move further strengthens Stifel's Global Wealth Management business, which achieved record annual revenue of $3.3 billion in 2024 and manages over $500 billion in total client assets.
The company's commitment to excellence is reflected in its consecutive #1 ranking in overall employee-advisor satisfaction according to the J.D. Power U.S. Financial Advisor Satisfaction Study. Stifel operates through various subsidiaries, offering securities brokerage, investment banking, trading, investment advisory, and banking services to diverse clients including individual investors, professional money managers, businesses, and municipalities.
Stifel Financial Corp. (NYSE: SF) has reported its February 2025 operating results, showing significant growth in key metrics. Total client assets under management reached $506 billion, marking an 11% increase from February 2024, while fee-based client assets grew 14% to $196 billion.
CEO Ronald J. Kruszewski attributed the growth to stronger equity markets and the addition of highly productive financial advisors. Client money market and insured products experienced a slight decline of less than 1% from January, with modest increases in Sweep deposits offset by lower Smart Rate balances.
However, the company noted that market uncertainty and volatility have negatively impacted investment banking activity levels, projecting first quarter 2025 investment banking revenue to be comparable to Q1 2024 results.
Stifel Financial Corp. (NYSE: SF) has appointed Jonathan Siegmann as Managing Director of Equity Research, focusing on the aerospace and defense sector at their Boston office. Siegmann brings significant expertise from his recent role as Senior Vice President of Corporate Development at Terran Orbital , where he led investor relations and corporate development through the company's sale to Lockheed Martin in 2024.
Prior to this, Siegmann spent nearly 15 years at Fidelity Investments as Portfolio Manager and Equity Research Analyst, managing the Select Defense & Aerospace fund (FSDAX) from 2015 to 2021. He holds a BS from Rensselaer Polytechnic Institute, an MBA from NYU's Stern School of Business, and is a CFA charterholder.
Mikaela Shiffrin achieved her historic 100th World Cup victory in slalom at Sestriere, Italy, marking another milestone in her remarkable career. To celebrate this achievement, Stifel (NYSE: SF), the official team naming partner of the Stifel U.S. Alpine Ski Team, announced a $10,000 donation to Shiffrin's 'MIK100: Reset the Sport' initiative supporting youth learn-to-ski programs through the Share Winter Foundation.
The victory came after Shiffrin's comeback from a nearly two-month absence due to an abdominal injury sustained at the Stifel Killington Cup. She secured the win with a .61-second margin over Croatia's Zrinka Ljutic, with teammate Paula Moltzan finishing third.
Stifel is commemorating the achievement with a new national broadcast spot, digital campaigns, and print advertisements. The World Cup calendar will conclude at the Stifel Sun Valley Finals in Idaho, March 22-27, following races in Norway, Sweden, and Italy.
Stifel Financial Corp. (NYSE: SF) has released its January 2025 operating results, showcasing significant growth in key metrics. Client assets under administration reached $510 billion, marking a 14% year-over-year increase, while fee-based assets grew to $197 billion, representing an 18% rise compared to the previous year.
The company's growth was attributed to stronger markets and a robust recruiting pipeline. While client money market and insured products demonstrated a 7% increase year-over-year, the company experienced a 4% decrease in Sweep deposits during January due to expected seasonal decline.
Stifel Financial Corp. (NYSE: SF) has launched Stifel Discover, a new content feed integrated into their Wealth Tracker app. This feature delivers personalized financial insights and research from Stifel's experts, covering over 2,000 global stocks.
The platform offers proprietary insights from Stifel's leadership team, including their Chief Investment Officer, Chief Economist, and equity research analysts. Content is dynamically updated throughout the day based on user preferences and market movements.
Developed in partnership with MoneyLion (NYSE: ML), Stifel Discover utilizes MoneyLion's mFeed technology to provide personalized content experiences. Future updates will allow Stifel Financial Advisors to customize client feeds based on financial life stages. The Wealth Tracker app, available on App Store and Google Play, enables users to aggregate all their financial assets and liabilities in one location.
Stifel Financial Corp. (NYSE: SF) reported strong financial results for Q4 and full year 2024. The company achieved record net revenues of $4.97 billion for 2024, up from $4.35 billion in 2023. Q4 2024 net revenues reached $1.36 billion, compared to $1.15 billion in Q4 2023.
Fourth quarter net income available to common shareholders was $234.7 million ($2.09 per diluted share), up from $153.2 million ($1.38 per share) in Q4 2023. Full-year 2024 net income was $694.1 million ($6.25 per diluted share), compared to $485.3 million ($4.28 per share) in 2023.
Key highlights include record client assets of $501.4 billion (up 13%), successful recruitment of 100 financial advisors, and a 10% increase in common stock dividend announced for Q1 2025. Investment banking revenue increased 48% in Q4 2024 compared to Q4 2023, driven by higher advisory and capital raising revenues.