Stifel Reports May 2025 Operating Data
Stifel Financial (NYSE:SF) has released its May 2025 operating data, showing mixed results across key metrics. Total client assets increased 3% month-over-month to $501.4 billion, driven by recruiting and market appreciation. Fee-based assets grew 4% to $199.1 billion.
The company expects Q2 2025 investment banking revenue to decline approximately 10% compared to Q2 2024, though management notes improved momentum and growing pipelines as markets stabilize. Client money market and insured product levels saw a marginal decrease of less than 1%, while bank loans decreased 2% month-over-month but remained up 7% year-over-year.
Stifel Financial (NYSE:SF) ha pubblicato i dati operativi di maggio 2025, mostrando risultati contrastanti nei principali indicatori. Gli asset totali dei clienti sono aumentati del 3% su base mensile, raggiungendo 501,4 miliardi di dollari, grazie al reclutamento e all'apprezzamento del mercato. Gli asset basati sulle commissioni sono cresciuti del 4%, arrivando a 199,1 miliardi di dollari.
L'azienda prevede che i ricavi dell'investment banking del secondo trimestre 2025 diminuiranno di circa il 10% rispetto al secondo trimestre 2024, anche se la direzione segnala un miglioramento del momentum e un aumento dei progetti in pipeline con la stabilizzazione dei mercati. I livelli di prodotti monetari e assicurati dei clienti hanno subito una lieve diminuzione inferiore all'1%, mentre i prestiti bancari sono diminuiti del 2% su base mensile, ma sono aumentati del 7% su base annua.
Stifel Financial (NYSE:SF) ha publicado sus datos operativos de mayo de 2025, mostrando resultados mixtos en métricas clave. Los activos totales de clientes aumentaron un 3% mes a mes hasta 501.4 mil millones de dólares, impulsados por la contratación y la apreciación del mercado. Los activos basados en comisiones crecieron un 4% hasta 199.1 mil millones de dólares.
La compañía espera que los ingresos de banca de inversión del segundo trimestre de 2025 disminuyan aproximadamente un 10% en comparación con el segundo trimestre de 2024, aunque la dirección señala un mejor impulso y una creciente cartera de proyectos a medida que los mercados se estabilizan. Los niveles de productos monetarios y asegurados de los clientes tuvieron una disminución marginal de menos del 1%, mientras que los préstamos bancarios disminuyeron un 2% mes a mes, pero aumentaron un 7% interanual.
Stifel Financial (NYSE:SF)는 2025년 5월 운영 데이터를 발표했으며, 주요 지표에서 혼재된 결과를 보였습니다. 총 고객 자산은 전월 대비 3% 증가하여 5014억 달러에 달했으며, 이는 채용 및 시장 평가에 힘입은 것입니다. 수수료 기반 자산은 4% 증가하여 1991억 달러를 기록했습니다.
회사는 2025년 2분기 투자은행 수익이 2024년 2분기 대비 약 10% 감소할 것으로 예상하지만, 경영진은 시장 안정화에 따라 모멘텀 개선과 파이프라인 증가를 언급했습니다. 고객의 머니마켓 및 보험 상품 수준은 1% 미만의 소폭 감소를 보였고, 은행 대출은 전월 대비 2% 감소했으나 전년 동기 대비 7% 증가했습니다.
Stifel Financial (NYSE:SF) a publié ses données opérationnelles de mai 2025, montrant des résultats mitigés sur les indicateurs clés. Les actifs clients totaux ont augmenté de 3% d’un mois sur l’autre pour atteindre 501,4 milliards de dollars, portés par le recrutement et l’appréciation du marché. Les actifs basés sur les frais ont progressé de 4%, atteignant 199,1 milliards de dollars.
La société prévoit une baisse d’environ 10% des revenus de la banque d’investissement au deuxième trimestre 2025 par rapport au deuxième trimestre 2024, bien que la direction note une amélioration de la dynamique et un pipeline croissant à mesure que les marchés se stabilisent. Les niveaux des produits monétaires et assurés des clients ont légèrement diminué de moins de 1%, tandis que les prêts bancaires ont baissé de 2% d’un mois sur l’autre mais restent en hausse de 7% sur un an.
Stifel Financial (NYSE:SF) hat seine Betriebsdaten für Mai 2025 veröffentlicht, die gemischte Ergebnisse bei wichtigen Kennzahlen zeigen. Das gesamte Kundenvermögen stieg im Monatsvergleich um 3% auf 501,4 Milliarden US-Dollar, angetrieben durch Neueinstellungen und Marktbewertungen. Die gebührenbasierten Vermögenswerte wuchsen um 4% auf 199,1 Milliarden US-Dollar.
Das Unternehmen erwartet, dass die Investmentbanking-Einnahmen im zweiten Quartal 2025 im Vergleich zum zweiten Quartal 2024 um etwa 10% zurückgehen werden, wobei das Management auf eine verbesserte Dynamik und wachsende Pipelines hinweist, da sich die Märkte stabilisieren. Die Geldmarkt- und versicherten Produktbestände der Kunden verzeichneten einen marginalen Rückgang von weniger als 1%, während Bankkredite im Monatsvergleich um 2% zurückgingen, im Jahresvergleich jedoch um 7% zunahmen.
- Total client assets grew 8% year-over-year to $501.4 billion
- Fee-based client assets increased 13% year-over-year to $199.1 billion
- Bank loans increased 7% year-over-year to $21.2 billion
- Management reports improving investment banking pipeline and market stabilization
- Investment banking revenue expected to decline 10% in Q2 2025 vs Q2 2024
- Client money market and insured products decreased 2% year-over-year
- Bank loans declined 2% month-over-month
- Market volatility negatively impacted investment banking activity in April
Insights
Stifel shows mixed May results with strong client asset growth but investment banking weakness amid market volatility.
Stifel's May operating results demonstrate solid momentum in its wealth management business while showing some pressure in investment banking. Total client assets increased by 8% year-over-year and 3% sequentially to
However, the firm's investment banking segment faces headwinds, with management projecting Q2 investment banking revenue to decline approximately
The firm's lending portfolio showed
These metrics reveal a company with strong wealth management growth counterbalanced by investment banking softness. The cautiously optimistic outlook for full-year 2025 investment banking suggests management expects improvement in the second half of the year, though market volatility remains a key variable to monitor.
ST. LOUIS, June 26, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 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 May, recruiting and market appreciation drove a
| Selected Operating Data (Unaudited) | |||||||||||||
| As of | % Change | ||||||||||||
| (millions) | 5/31/2025 | 5/31/2024 | 4/30/2025 | 5/31/2024 | 4/30/2025 | ||||||||
| Total client assets | |||||||||||||
| Fee-based client assets | |||||||||||||
| Private Client Group fee-based client assets | |||||||||||||
| Bank loans, net (includes loans held for sale) | (2)% | ||||||||||||
| Client money market and insured product (1) | (2)% | (1)% | |||||||||||
(1) Includes Sweep deposits, Smart Rate 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
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