Stifel Financial Corp (SF)

In January 2026, Stifel announced an 11% increase to its common stock dividend and a three-for-two stock split. In February 2026, the company completed the sale of Stifel Independent Advisors, LLC. In April 2026, Stifel reported record Q1 2026 results, with net revenues of $1.48 billion and GAAP diluted EPS of $1.48, exceeding analyst estimates, however the stock initially saw a negative reaction due to a slight revenue miss. In May 2026, Stifel launched a new Project Finance platform targeting energy and infrastructure. Over the past six months, SF stock has trended down by 6.16%, although it was up 28.37% over the past year.

Client money market and insured product balances can see declines from year-end due to seasonal factors, with some modest seasonal cash sorting observed in early months. Total bank loans can also show consistency with typical early-year seasonality. Market uncertainty and volatility can negatively impact investment banking activity levels and the timing of deal closings. The company has anticipated stronger investment banking revenue in the second half of the year compared to the first half as activity levels increase.

Stifel Financial Corp. operates in the Financial Services sector, specifically in the Capital Markets industry. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a full-service retail and institutional wealth management and investment banking firm. The company's major products and services are categorized into three segments: Global Wealth Management, Institutional Group, and Other. The Global Wealth Management segment provides private client services, including wealth management, financial planning, securities brokerage services, and banking products. The Institutional Group segment encompasses institutional equity and fixed income sales, trading, and research, municipal finance, and investment banking services. The Other segment includes interest income from stock borrowing activities, unallocated interest expense, and gains and losses from investments held.

Stifel Financial Corp. is headquartered in St. Louis, Missouri, and serves clients throughout North America and Europe. In the United States, it maintains a widespread presence with over 400 offices. Its European subsidiary, Stifel Nicolaus Europe Limited, is based in London and Frankfurt, with additional offices in France, Germany, Switzerland, and Italy. Stifel also has a Canadian subsidiary, Stifel Canada, with offices in Montreal and Toronto.

Stifel ranked #1 in employee advisor satisfaction among investment firms in the J.D. Power U.S. Financial Advisor Satisfaction Study in 2025 for the third consecutive year. A potential negative event impacting reputation is the filing of a $134 million ERISA class action case against Stifel Financial Corp. on behalf of retirement plan participants.

Stifel Financial Corp.'s ownership is a mix of institutional, retail, and individual investors. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., Fmr Llc, Wellington Management Group Llp, State Street Corp, Aqr Capital Management Llc, Earnest Partners Llc, Boston Partners, and Capital Research Global Investors. Institutional ownership accounts for a significant portion of the company's stock. Ronald J. Kruszewski, the Chairman and CEO, is a significant individual shareholder.