STIFEL FINANCIAL CORP SF
Stifel Financial Corp. is a Delaware corporation and a financial holding company headquartered in St. Louis. We were organized in 1983. Our principal subsidiary is Stifel, Nicolaus & Company, Incorporated ("Stifel"), a full-service retail and institutional wealth management and investment banking firm. Stifel is the successor to a partnership founded in 1890. Our other subsidiaries include Stifel Independent Advisors, LLC ("SIA"), an independent contractor broker-dealer firm; Keefe, Bruyette & Woods, Inc. ("KBW"), a broker-dealer firm; Stifel Nicolaus Europe Limited ("SNEL"), our European subsidiary; Stifel Nicolaus Canada Inc. ("SNC"), our Canadian subsidiary; Stifel Bank & Trust and Stifel Bank, retail and commercial banks, Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. (collectively, "Stifel Trust"), our trust companies (collectively "Stifel Bancorp"); and 1919 Investment Counsel, LLC, an asset management firm. Unless the context requires otherwise, the terms "the Company," "our company," "we," and "our," as used herein, refer to Stifel Financial Corp. and its subsidiaries.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.77B | $3.29B | $5.16B | $4.59B | $4.78B | $3.82B | $3.51B | $3.19B | $3.00B | $2.64B |
| Operating income | — | $928.4M | $706.7M | $885.1M | — | — | — | — | — | — |
| Interest expense | $817.8M | $981.4M | $810.3M | $201.4M | $46.0M | $65.8M | $177.9M | $170.1M | $70.0M | $66.9M |
| Pre-tax income | $871.1M | $928.4M | $706.7M | $885.1M | $1.07B | $651.2M | $599.1M | $534.4M | $269.5M | $142.6M |
| Income tax | $187.4M | $197.1M | $184.2M | $223.0M | $242.2M | $147.7M | $149.2M | $140.4M | $86.7M | $61.1M |
| Net income | $646.5M | $694.1M | $485.3M | $624.9M | $789.3M | $503.5M | $448.4M | $394.0M | $182.9M | $81.5M |
| EPS, basic | 6.25 | 6.67 | 4.55 | 5.74 | 7.34 | 4.49 | 3.99 | 3.57 | 2.53 | 1.16 |
| EPS, diluted | 5.87 | 6.25 | 4.28 | 5.32 | 6.66 | 4.16 | 3.66 | 3.15 | 2.14 | 1.00 |
| Shares, diluted (wtd. avg.) | 110.1M | 111.0M | 113.5M | 117.5M | 118.5M | 114.6M | 117.9M | 122.0M | 81.0M | 77.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.25B | $2.65B | $3.36B | $2.20B | $1.96B | $2.28B | $1.14B | $1.94B | $696.3M | $912.9M |
| Property, plant and equipment | $197.1M | $193.2M | $191.5M | $200.0M | $168.2M | $167.9M | $1.11B | $372.9M | $155.1M | $172.8M |
| Goodwill | $1.46B | $1.40B | $1.39B | $1.33B | $1.31B | $1.18B | $1.19B | $1.03B | $1.03B | $962.3M |
| Other intangibles | $108.0M | $113.6M | $133.3M | $130.6M | $148.2M | $141.0M | $161.8M | $119.7M | $119.7M | $116.3M |
| Total assets | $41.27B | $39.90B | $37.73B | $37.20B | $34.05B | $26.60B | $24.61B | $24.52B | $21.38B | $19.13B |
| Short-term debt | — | — | — | — | — | — | — | $180.7M | $256.0M | $377.0M |
| Long-term debt | $617.4M | $616.6M | $1.12B | $1.11B | $1.11B | $1.11B | $1.02B | $1.02B | $1.01B | $795.9M |
| Total liabilities | $35.29B | $34.21B | $32.43B | $31.87B | $29.01B | $22.37B | $20.94B | $21.32B | $18.52B | $16.39B |
| Total equity | $5.98B | $5.69B | $5.29B | $5.33B | $5.03B | $4.24B | $3.67B | $3.20B | $2.86B | $2.74B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.12B | $490.4M | $499.3M | $1.16B | $872.1M | $1.66B | $626.9M | $529.5M | $679.9M | -$441.4M |
| Depreciation and amortisation | $61.1M | $62.4M | $60.5M | $50.6M | $45.6M | $40.9M | $38.4M | $27.9M | $32.5M | $43.1M |
| Capital expenditure | $62.1M | $73.8M | $52.0M | $82.3M | $188.2M | $73.4M | $157.9M | $108.2M | $28.2M | $28.2M |
| Investing cash flow | -$1.61B | -$2.31B | $1.04B | -$4.32B | -$6.97B | -$1.69B | -$350.3M | -$989.2M | -$2.65B | -$5.25B |
| Financing cash flow | $91.2M | $980.1M | -$254.6M | $3.19B | $5.79B | $1.20B | -$1.08B | $1.75B | $1.76B | $5.66B |
| Buybacks | $245.0M | $144.1M | $443.9M | $105.8M | $172.7M | $58.3M | $215.4M | $170.2M | $13.0M | $113.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-191643.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.64B | $3.00B | $3.19B | $3.51B | $3.82B | $4.78B | $4.59B | $5.16B | $3.29B | $3.77B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $81.5M | $182.9M | $394.0M | $448.4M | $503.5M | $789.3M | $624.9M | $485.3M | $694.1M | $646.5M |
Recent filings and events
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6211
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MS | MORGAN STANLEY | $281.90B | 17.6x | 9.1% |
| GS | GOLDMAN SACHS GROUP INC | $254.97B | 17.1x | -1.3% |
| BLK | BlackRock, Inc. | $173.50B | 31.7x | 18.7% |
| SCHW | SCHWAB CHARLES CORP | $156.64B | 19.5x | 22.0% |
| HOOD | Robinhood Markets, Inc. | $85.47B | 46.4x | 51.6% |
| IBKR | Interactive Brokers Group, Inc. | $35.96B | 36.2x | 23.4% |
| RJF | RAYMOND JAMES FINANCIAL INC | $30.34B | 15.3x | 6.6% |
| SEIC | SEI INVESTMENTS CO | $12.28B | 18.2x | 8.1% |