Stifel Reports January 2025 Operating Data
Rhea-AI Summary
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.
Positive
- Client assets under administration up 14% YoY to $510 billion
- Fee-based assets increased 18% YoY to $197 billion
- Client money market and insured products rose 7% YoY
- Strong recruiting pipeline reported
Negative
- 4% decrease in Sweep deposits during January
News Market Reaction 1 Alert
On the day this news was published, SF gained 2.07%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
ST. LOUIS, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for January 31, 2025 in an effort 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, “In January, client assets under administration reached
| Selected Operating Data (Unaudited) | ||||||||||||||||
| As of | % Change | |||||||||||||||
| (millions) | 1/31/2025 | 1/31/2024 | 12/31/2024 | 1/31/2024 | 12/31/2024 | |||||||||||
| Total client assets | $ | 509,671 | $ | 446,724 | $ | 501,402 | 14 | % | 2 | % | ||||||
| Fee-based client assets | $ | 197,298 | $ | 166,682 | $ | 192,705 | 18 | % | 2 | % | ||||||
| Private Client Group fee-based client assets | $ | 172,468 | $ | 146,729 | $ | 168,206 | 18 | % | 3 | % | ||||||
| Bank loans, net (includes loans held for sale) | $ | 21,118 | $ | 19,525 | $ | 21,311 | 8 | % | (1 | )% | ||||||
| Client money market and insured product (1) | $ | 27,936 | $ | 26,144 | $ | 29,029 | 7 | % | (4 | )% | ||||||
(1) Includes Smart Rate deposits, Sweep deposits, Third-party Bank Sweep Program, and Other Sweep cash.
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 was Stifel's (SF) client assets growth in January 2025?
How much did Stifel's (SF) fee-based assets grow in January 2025?
What caused the decline in Stifel's (SF) Sweep deposits in January 2025?
How did Stifel's (SF) client money market and insured products perform in January 2025?
