Stifel Reports August 2025 Operating Data

Rhea-AI Summary

Stifel Financial (NYSE: SF) has reported its August 2025 operating data, showcasing significant growth across key metrics. The company achieved record highs in total client assets of $532.7 billion (up 9% year-over-year) and fee-based client assets of $213.6 billion (up 14% year-over-year).

Treasury deposits demonstrated robust growth, increasing 79% year-over-year to $7.6 billion, while bank loans grew 7% to $21.6 billion. Despite a slight 1% monthly decline in client money market and insured product balances, the company's diversified funding mix helped maintain stability. CEO Ronald J. Kruszewski noted improved momentum in the Institutional Group and anticipates a stronger second half of the year.

Positive

• Total client assets reached record high of $532.7 billion, up 9% year-over-year
• Fee-based client assets hit record $213.6 billion, increasing 14% year-over-year
• Treasury deposits grew significantly by 79% year-over-year to $7.6 billion
• Bank loans increased 7% year-over-year to $21.6 billion
• Improved capital raising and M&A environment signals stronger second half outlook

Negative

• Client money market and insured product balances declined 4% year-over-year to $25.4 billion
• Smart Rate balances showed decrease, contributing to overall decline in client money market products

News Market Reaction

+2.45%

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+2.45% News Effect

On the day this news was published, SF gained 2.45%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ST. LOUIS, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for August 31, 2025, to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.

Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “Total client assets and fee-based client assets hit record highs, up 9% and 14% year-over-year, driven by strong recruiting and market gains. The benefit of our diversified funding mix was illustrated by the continued growth in treasury deposits, up 6% month-over-month, which effectively offset a 1% decline in client money market and insured product balances that was primarily due to lower Smart Rate balances. Momentum is building in our Institutional Group as the capital raising and M&A environment has improved significantly since earlier this year. Barring a significant market downturn, we anticipate a stronger second half of the year for this segment.”

Selected Operating Data (Unaudited)
	As of						% Change
(millions)	8/31/2025		8/31/2024		7/31/2025		8/31/2024	7/31/2025
Total client assets	$532,742		$489,237		$522,303		9%	2%
Fee-based client assets	$213,635		$187,344		$209,084		14%	2%
Private Client Group fee-based client assets	$186,679		$163,824		$182,534		14%	2%
Bank loans, net (includes loans held for sale)	$21,646		$20,323		$21,605		7%	0%
Client money market and insured product(1)	$25,436		$26,503		$25,683		(4)%	(1)%
Treasury deposits(2)	$7,647		$4,278		$7,246		79%	6%

(1) Includes Smart Rate deposits, Sweep deposits, Third-party Bank Sweep Program, and Other Sweep cash.

(2) Includes Other Bank deposits and Third-party Commercial Treasury deposits, which represent Venture, Fund, and Commercial deposits at Stifel Bancorp and third-party banks.

Company Information

Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit www.stifel.com/investor-relations/press-releases.

Media Contact: Neil Shapiro (212) 271-3447 | Investor Contact: Joel Jeffrey (212) 271- 3610 | www.stifel.com/investor-relations 

FAQ

What were Stifel's (NYSE:SF) total client assets in August 2025?

Stifel reported total client assets of $532.7 billion as of August 31, 2025, representing a 9% increase from the previous year.

How much did Stifel's (SF) fee-based client assets grow in August 2025?

Stifel's fee-based client assets grew 14% year-over-year to reach $213.6 billion in August 2025.

What was the growth in Stifel's treasury deposits for August 2025?

Stifel's treasury deposits showed substantial growth, increasing 79% year-over-year to $7.6 billion, with a 6% increase month-over-month.

How did Stifel's bank loans perform in August 2025?

Stifel's bank loans grew 7% year-over-year to $21.6 billion, remaining relatively flat month-over-month.

What was Stifel's outlook for the second half of 2025?

CEO Ronald J. Kruszewski indicated expectations for a stronger second half of the year, citing improved capital raising and M&A environment, barring any significant market downturn.