STIFEL FINANCIAL CORP's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), STIFEL FINANCIAL CORP reported revenue of $6.3B (+6.7% year on year) and net income of $683.8M (-6.5% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Commissions | $813.6M | $756.0M | $673.6M | $710.6M |
| Principal transactions | $645.3M | $604.6M | $490.4M | $529.0M |
| Investment banking | $1.3B | $994.8M | $731.3M | $971.5M |
| Asset management | $1.7B | $1.5B | $1.3B | $1.3B |
| Interest | $1.9B | $2.0B | $2.0B | $1.1B |
| Other income | $33.9M | $43.1M | $8.7M | $19.7M |
| Total revenues | $6.3B | $6.0B | $5.2B | $4.6B |
| Interest expense | $817.8M | $981.4M | $810.3M | $201.4M |
| Net revenues | $5.5B | $5.0B | $4.3B | $4.4B |
| Compensation and benefits | $3.3B | $2.9B | $2.6B | $2.6B |
| Occupancy and equipment rental | $382.3M | $362.4M | $339.3M | $313.2M |
| Communications and office supplies | $196.3M | $194.4M | $184.7M | $175.1M |
| Commissions and floor brokerage | $66.2M | $62.8M | $58.3M | $57.8M |
| Provision for credit losses | $38.4M | $25.4M | $25.0M | $33.5M |
| Other operating expenses | $703.3M | $480.6M | $480.4M | $340.5M |
| Total non-interest expenses | $4.7B | $4.0B | $3.6B | $3.5B |
| Income before income tax expense | $871.1M | $928.4M | $706.7M | $885.1M |
| Provision for income taxes | $187.4M | $197.1M | $184.2M | $223.0M |
| Net income | $683.8M | $731.4M | $522.5M | $662.2M |
| Preferred dividends | $37.3M | $37.3M | $37.3M | $37.3M |
| Net income available to common shareholders | $646.5M | $694.1M | $485.3M | $624.9M |
| Basic | $6.25 | $6.67 | $4.55 | $5.74 |
| Diluted | $5.87 | $6.25 | $4.28 | $5.32 |
| Cash dividends declared per common share | $1.84 | $1.68 | $1.44 | $1.20 |
| Basic | 103.5M | 104.1M | 106.7M | 108.8M |
| Diluted | 110.1M | 111.0M | 113.5M | 117.5M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Commissions | $221.5M | $207.8M | $206.1M | $200.7M |
| Principal transactions | $140.1M | $150.2M | $177.9M | $172.6M |
| Investment banking | $332.0M | $341.4M | $323.5M | $233.5M |
| Asset management | $456.6M | $459.5M | $431.4M | $403.6M |
| Interest | $476.1M | $451.0M | $481.5M | $477.1M |
| Other income | $12.5M | $55.7M | $14.2M | $3.7M |
| Total revenues | $1.6B | $1.7B | $1.6B | $1.5B |
| Interest expense | $188.0M | $187.5M | $205.2M | $206.8M |
| Net revenues | $1.5B | $1.5B | $1.4B | $1.3B |
| Compensation and benefits | $833.0M | $848.3M | $839.8M | $774.9M |
| Occupancy and equipment rental | $100.6M | $99.7M | $95.6M | $95.7M |
| Communications and office supplies | $46.3M | $51.0M | $48.9M | $47.8M |
| Commissions and floor brokerage | $15.0M | $15.0M | $15.8M | $17.1M |
| Provision for credit losses | $12.5M | $6.5M | $8.3M | $8.3M |
| Other operating expenses | $143.9M | $131.5M | $134.9M | $126.5M |
| Total non-interest expenses | $1.2B | $1.2B | $1.1B | $1.1B |
| Income from operations before income tax expense | $299.4M | $326.1M | $286.0M | $213.8M |
| Provision for income taxes | $73.0M | $74.7M | $74.7M | $58.8M |
| Net income | $226.5M | $251.4M | $211.4M | $155.1M |
| Preferred dividends | $9.3M | $9.3M | $9.3M | $9.3M |
| Net income available to common shareholders | $217.2M | $242.1M | $202.1M | $145.7M |
| Basic | $1.41 | $1.56 | $1.96 | $1.41 |
| Diluted | $1.34 | $1.48 | $1.84 | $1.34 |
| Cash dividends declared per common share | $0.34 | $0.34 | $0.46 | $0.46 |
| Basic | 154.2M | 155.5M | 103.1M | 103.3M |
| Diluted | 161.6M | 163.4M | 110.1M | 108.8M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $2.3B | $2.6B | $3.4B | $2.2B |
| Cash segregated for regulatory purposes | $29.0M | $29.9M | $162.0M | $29.0M |
| Brokerage clients, net | $1.1B | $897.4M | $841.5M | $924.4M |
| Brokers, dealers, and clearing organizations | $571.7M | $486.5M | $414.1M | $418.1M |
| Securities purchased under agreements to resell | $564.2M | $529.0M | $349.8M | $348.2M |
| Financial instruments owned, at fair value | $1.4B | $1.2B | $918.7M | $731.8M |
| Available-for-sale securities, at fair value | $1.6B | $1.6B | $1.6B | $1.6B |
| Held-to-maturity securities, at amortized cost | $6.5B | $6.5B | $5.9B | $6.0B |
| Held for investment, net | $21.9B | $20.7B | $19.3B | $20.5B |
| Held for sale, at lower of cost or fair value | $502.2M | $579.0M | $424.0M | $156.9M |
| Investments, at fair value | $81.8M | $75.4M | $91.1M | $99.4M |
| Fixed assets, net | $197.1M | $193.2M | $191.5M | $200.0M |
| Operating lease right-of-use assets, net | $788.5M | $809.2M | $778.2M | $775.9M |
| Goodwill | $1.5B | $1.4B | $1.4B | $1.3B |
| Intangible assets, net | $108.0M | $113.6M | $133.3M | $130.6M |
| Loans and advances to financial advisors and other employees, net | $744.6M | $682.2M | $683.5M | $654.1M |
| Deferred tax assets, net | $151.2M | $152.4M | $121.5M | $159.2M |
| Other assets | $1.2B | $1.3B | $1.1B | $950.4M |
| Total assets | $41.3B | $39.9B | $37.7B | $37.2B |
| Brokerage clients | $431.6M | $468.8M | $734.8M | $770.3M |
| Brokers, dealers, and clearing organizations | $303.4M | $215.2M | $231.7M | $95.0M |
| Drafts | $142.9M | $126.8M | $117.7M | $102.2M |
| Securities sold under agreements to repurchase | $651.2M | $580.2M | $417.6M | $212.0M |
| Bank deposits | $29.8B | $29.1B | $27.3B | $27.1B |
| Financial instruments sold, but not yet purchased, at fair value | $793.6M | $646.3M | $497.7M | $454.8M |
| Accrued compensation | $989.0M | $790.2M | $585.6M | $677.4M |
| Lease liabilities, net | $855.9M | $867.4M | — | — |
| Accounts payable and accrued expenses | $701.4M | $735.1M | $1.3B | $1.3B |
| Senior notes, net | $617.4M | $616.6M | $1.1B | $1.1B |
| Debentures to Stifel Financial Capital Trusts | $55.0M | $60.0M | $60.0M | $60.0M |
| Total liabilities | $35.3B | $34.2B | $32.4B | $31.9B |
| Preferred stock - $1 par value; authorized 3,000,000 shares; issued 27,400 shares | 685.0M | 685.0M | 685.0M | 685.0M |
| Common stock - $0.15 par value; authorized 194,000,000 shares; issued 111,662,776 and 111,662,571 shares, respectively | 16.7M | 16.7M | 16.7M | 16.7M |
| Additional paid-in-capital | $1.9B | $1.9B | $1.9B | $1.9B |
| Retained earnings | $4.2B | $3.8B | $3.4B | $3.2B |
| Accumulated other comprehensive loss | ($17.8M) | ($75.6M) | ($74.3M) | ($118.0M) |
| Treasury stock, at cost, 9,998,343 and 9,491,204 shares, respectively | -786.3M | -629.5M | -636.7M | -352.5M |
| Total equity | $6.0B | $5.7B | $5.3B | $5.3B |
| Total liabilities and equity | $41.3B | $39.9B | $37.7B | $37.2B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $2.2B | $2.9B | $3.2B | $1.9B |
| Cash segregated for regulatory purposes | $30.1M | $29.2M | $31.9M | $68.4M |
| Brokerage clients, net | $1.4B | $1.5B | $1.0B | $916.5M |
| Brokers, dealers, and clearing organizations | $864.8M | $661.4M | $777.4M | $637.1M |
| Securities purchased under agreements to resell | $798.9M | $746.4M | $525.6M | $637.5M |
| Financial instruments owned, at fair value | $1.7B | $1.7B | $1.5B | $1.3B |
| Available-for-sale securities, at fair value | $1.5B | $1.6B | $1.7B | $1.5B |
| Held-to-maturity securities, at amortized cost | $6.9B | $6.9B | $6.5B | $6.6B |
| Held for investment, net | $24.4B | $21.8B | $21.0B | $20.6B |
| Held for sale, at lower of cost or fair value | $373.6M | $348.3M | $595.5M | $800.8M |
| Investments, at fair value | $85.3M | $84.6M | $80.3M | $78.6M |
| Fixed assets, net | $228.7M | $229.7M | $198.2M | $197.1M |
| Operating lease right-of-use assets, net | $769.2M | $780.4M | $794.4M | $815.0M |
| Goodwill | $1.5B | $1.5B | $1.5B | $1.5B |
| Intangible assets, net | $88.8M | $97.4M | $110.4M | $115.5M |
| Loans and advances to financial advisors and other employees, net | $672.6M | $703.5M | $750.8M | $746.0M |
| Deferred tax assets, net | $139.5M | $135.5M | $191.0M | $185.2M |
| Other assets | $1.3B | $1.2B | $1.2B | $1.2B |
| Total assets | $44.9B | $42.9B | $41.7B | $39.9B |
| Brokerage clients, net | $709.8M | $803.1M | $666.4M | $579.2M |
| Brokers, dealers, and clearing organizations | $487.2M | $664.6M | $432.6M | $447.6M |
| Drafts | $68.0M | $92.6M | $102.2M | $106.7M |
| Securities sold under agreements to repurchase | $1.1B | $863.0M | $747.3M | $719.4M |
| Bank deposits | $32.3B | $30.8B | $30.1B | $28.7B |
| Financial instruments sold, but not yet purchased, at fair value | $963.0M | $924.4M | $806.1M | $819.6M |
| Accrued compensation | $711.8M | $522.7M | $743.7M | $561.3M |
| Lease liabilities, net | $838.1M | $849.1M | $858.3M | $876.9M |
| Accounts payable and accrued expenses | $634.0M | $719.2M | $764.4M | $801.9M |
| Federal Home Loan Bank advances | $450.0M | — | — | — |
| Senior notes, net | $617.9M | $617.6M | $617.2M | $617.0M |
| Debentures to Stifel Financial Capital Trusts | $55.0M | $55.0M | $55.0M | $60.0M |
| Total liabilities | $38.9B | $36.9B | $35.9B | $34.3B |
| Preferred stock - $1 par value; authorized 3,000,000 shares; issued 27,400 shares | 685.0M | 685.0M | 685.0M | 685.0M |
| Common stock - $0.15 par value; authorized 291,000,000 shares; issued 167,494,307 and 167,494,164 shares, respectively | 25.1M | 25.1M | 16.7M | 16.7M |
| Additional paid-in-capital | $1.9B | $1.8B | $1.9B | $1.8B |
| Retained earnings | $4.4B | $4.3B | $4.0B | $3.8B |
| Accumulated other comprehensive loss | ($29.3M) | ($27.2M) | ($25.8M) | ($34.2M) |
| Treasury stock, at cost, 15,904,926 and 14,997,515 shares, respectively | -957.0M | -789.7M | -750.9M | -721.6M |
| Total equity | $6.0B | $6.0B | $5.8B | $5.6B |
| Total liabilities and equity | $44.9B | $42.9B | $41.7B | $39.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $683.8M | $731.4M | $522.5M | $662.2M |
| Depreciation and amortization | $61.1M | $62.4M | $60.5M | $50.6M |
| Amortization of loans and advances to financial advisors and other employees | $147.9M | $154.2M | $145.2M | $132.0M |
| Amortization of premium on investment portfolio | $7.0M | $8.7M | $9.9M | $12.2M |
| Provision for credit losses | $38.4M | — | — | — |
| Amortization of intangible assets | $34.1M | $23.6M | $20.9M | $19.6M |
| Deferred income taxes | ($21.1M) | ($30.6M) | $16.0M | $12.7M |
| Stock-based compensation | $164.0M | $153.8M | $140.3M | $135.5M |
| Unrealized gains on investments | ($4.7M) | ($88.0K) | ($460.0K) | $11.9M |
| Gain on sale of leased aircraft engines | ($40.6M) | ($46.5M) | — | — |
| Other, net | $1.5M | ($12.2M) | $2.6M | $8.9M |
| Brokerage clients, net | ($241.4M) | ($55.9M) | $82.9M | $228.5M |
| Brokers, dealers, and clearing organizations | ($85.2M) | ($71.3M) | $5.3M | $156.2M |
| Securities purchased under agreements to resell | ($35.2M) | ($179.1M) | ($1.7M) | $231.7M |
| Financial instruments owned | ($258.8M) | ($216.1M) | ($131.6M) | $425.3M |
| Loans originated as held for sale | ($2.2B) | ($2.1B) | ($995.1M) | ($576.2M) |
| Proceeds from loans held for sale | $2.6B | $2.1B | $865.0M | — |
| Loans and advances to financial advisors and other employees, net | ($206.3M) | ($158.1M) | ($181.6M) | ($132.4M) |
| Other assets | $60.8M | $3.4M | ($107.9M) | ($66.0M) |
| Brokerage clients | ($37.2M) | ($266.0M) | ($35.5M) | ($201.6M) |
| Brokers, dealers, and clearing organizations | $14.9M | ($59.7M) | $43.1M | ($81.7M) |
| Drafts | $16.1M | $9.1M | $15.5M | ($20.4M) |
| Financial instruments sold, but not yet purchased | $147.4M | $114.3M | $12.6M | ($301.3M) |
| Other liabilities and accrued expenses | $210.2M | $268.2M | ($14.1M) | ($176.7M) |
| Net cash provided by operating activities | $1.1B | $490.4M | $499.3M | $1.2B |
| Principal paydowns, calls, and maturities of available-for-sale securities | $376.3M | $273.8M | $138.2M | $330.0M |
| Calls and principal paydowns of held-to-maturity securities | $2.1B | $2.2B | $101.2M | $114.7M |
| Sale or maturity of investments | $45.0K | $4.4M | $15.7M | $20.8M |
| Sale of leased aircraft engines | $117.0M | $69.9M | — | — |
| Decrease/(increase) in loans held for investment, net | ($1.6B) | ($1.6B) | $1.0B | ($3.8B) |
| Purchase of available-for-sale securities | ($327.1M) | ($309.3M) | ($19.6M) | ($103.3M) |
| Purchase of held-to-maturity securities | ($2.1B) | ($2.8B) | $0 | ($754.3M) |
| Purchase of investments | ($6.3M) | ($12.5M) | ($29.3M) | ($15.6M) |
| Purchase of fixed assets | ($62.1M) | ($73.8M) | ($52.0M) | ($82.3M) |
| Acquisitions, net of cash received | ($74.9M) | ($8.5M) | ($112.0M) | ($11.9M) |
| Net cash provided by/(used in) investing activities | ($1.6B) | ($2.3B) | $1.0B | ($4.3B) |
| Increase in securities sold under agreements to repurchase | $71.1M | $162.5M | $205.6M | ($173.5M) |
| Increase in bank deposits, net | $649.8M | $1.8B | $217.5M | $3.8B |
| Increase in securities loaned | $73.2M | $43.2M | $67.6M | ($81.1M) |
| Tax payments related to shares withheld for stock-based compensation plans | -122.7M | -121.0M | -94.4M | -102.5M |
| Repayment of short-term debt | ($86.9M) | — | — | — |
| Repayment of senior notes | $0 | ($500.0M) | — | — |
| Repurchase of common stock | ($245.0M) | ($144.1M) | ($443.9M) | ($105.8M) |
| Cash dividends on preferred stock | ($37.3M) | ($37.3M) | ($37.3M) | ($37.3M) |
| Cash dividends paid to common stock and equity-award holders | ($206.3M) | ($190.0M) | ($163.0M) | ($133.7M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $477.9M | $251.4M | $419.4M | $208.0M |
| Depreciation and amortization | $31.0M | $15.3M | $45.8M | $30.3M |
| Amortization of loans and advances to financial advisors and other employees | $75.9M | $38.0M | $108.5M | $70.9M |
| Amortization of premium on investment portfolio | $2.8M | $1.4M | $5.3M | $3.7M |
| Provision for credit losses | $19.1M | $6.5M | $28.7M | — |
| Amortization of intangible assets | $19.1M | $10.5M | $16.6M | $10.9M |
| Deferred income taxes | $14.2M | $17.9M | ($54.7M) | ($42.9M) |
| Stock-based compensation | $111.9M | $65.7M | $119.0M | $93.5M |
| Gain on sale of business | ($47.3M) | ($49.8M) | — | — |
| Unrealized gains on investments | ($238.0K) | $599.0K | ($4.3M) | ($4.5M) |
| Gain on sale of leased aircraft engines | $0 | $0 | ($41.9M) | ($32.1M) |
| Other, net | $10.5M | $12.5M | $8.3M | ($2.1M) |
| Brokerage clients, net | ($223.7M) | ($389.9M) | ($125.2M) | ($19.8M) |
| Brokers, dealers, and clearing organizations | ($293.2M) | ($89.7M) | ($291.0M) | ($150.6M) |
| Securities purchased under agreements to resell | ($234.7M) | ($182.2M) | $3.4M | ($108.6M) |
| Financial instruments owned | ($271.2M) | ($229.5M) | ($371.5M) | ($174.5M) |
| Loans originated as held for sale | ($1.2B) | ($612.0M) | ($1.6B) | ($986.2M) |
| Proceeds from loans held for sale | $1.4B | $781.5M | $2.2B | $1.4B |
| Loans and advances to financial advisors and other employees, net | ($23.9M) | ($18.5M) | ($173.7M) | ($127.8M) |
| Other assets | ($107.7M) | ($56.3M) | $38.7M | $69.2M |
| Brokerage clients, net | $278.2M | $371.6M | $197.7M | $110.4M |
| Brokers, dealers, and clearing organizations | ($15.3M) | $104.0M | $76.1M | $11.3M |
| Drafts | ($74.9M) | ($50.3M) | ($24.5M) | ($20.0M) |
| Financial instruments sold, but not yet purchased | $169.3M | $130.8M | $159.8M | $173.3M |
| Accrued compensation | ($277.2M) | ($466.3M) | — | — |
| Other liabilities and accrued expenses | ($55.3M) | ($5.8M) | $19.8M | ($139.9M) |
| Net cash provided by/(used in) operating activities | ($266.5M) | ($342.6M) | $734.6M | $396.3M |
| Principal paydowns, maturities, and calls of available-for-sale securities | $170.2M | $101.0M | $274.4M | $165.3M |
| Principal paydowns, maturities, and calls of held-to-maturity securities | $1.2B | $344.4M | $1.8B | $845.0M |
| Sale or maturity of investments | $1.3M | $890.0K | $31.0K | $8.0K |
| Disposition of business, net | $50.5M | $59.1M | — | — |
| Sale of leased aircraft engines | $0 | $0 | $105.4M | $77.8M |
| Increase in loans held for investment, net | ($2.6B) | $55.3M | ($932.6M) | ($573.9M) |
| Purchase of fixed assets | ($62.6M) | ($47.8M) | ($48.6M) | ($31.4M) |
| Purchase of available-for-sale securities | ($119.0M) | ($106.2M) | ($327.1M) | ($90.4M) |
| Purchase of held-to-maturity securities | ($1.5B) | ($656.5M) | ($1.7B) | ($904.9M) |
| Purchase of investments | ($7.5M) | ($6.2M) | ($4.6M) | ($1.5M) |
| Acquisitions, net of cash received | $0 | — | ($74.9M) | ($72.6M) |
| Net cash used in investing activities | ($2.9B) | ($256.2M) | ($941.0M) | ($586.5M) |
| Payment of contingent consideration | ($113.0K) | ($57.0K) | ($252.0K) | ($190.0K) |
| Increase in securities sold under agreements to repurchase | $444.4M | $211.7M | $167.1M | $139.3M |
| Increase/(decrease) in bank deposits, net | $2.5B | $1.0B | $1.0B | ($429.2M) |
| Increase in securities loaned | $199.1M | $257.2M | $141.2M | $221.1M |
| Proceeds from Federal Home Loan Bank advances, net | $450.0M | — | — | — |
| Proceeds from borrowings | $145.0M | $45.0M | — | — |
STIFEL FINANCIAL CORP score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.