Stifel Financial Corp. (SF) 10-Year Financial Performance & Capital Metrics

SF • • Banking & Credit

Financial ServicesCapital MarketsSecurities Brokerage & Wealth ManagementInstitutional Brokerage & Wealth Management

AboutStifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States, the United Kingdom, the rest of Europe, and Canada. It operates in three segments: Global Wealth Management, Institutional Group, and Other. The company provides private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts. It also participates in and manages underwritings for corporate and public finance; and offers financial advisory and securities brokerage services. The company was founded in 1890 and is headquartered in St. Louis, Missouri.Show more

Net Interest Income $1.04B -9.6%
Total Revenue $5.89B +15.4%
Net Income $731M +40.0%
Return on Equity 13.32% +35.4%
Net Interest Margin 2.59% -14.5%
Efficiency Ratio 67.14% -3.8%
ROA 1.88% +35.1%
Equity / Assets 14.25% +1.6%
Book Value per Share 51.24 +9.8%
Tangible BV/Share 37.65 +13.2%
Debt/Equity 0.49 -11.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Well capitalized: 14.3% equity/assets
✓Share count reduced 2.2% through buybacks
✓Diversified revenue: 65.8% from non-interest income
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y10.28%

5Y11.15%

3Y7.63%

TTM-

Profit (Net Income) CAGR

10Y15.3%

5Y10.28%

3Y-3.93%

TTM2.09%

EPS CAGR

10Y15.04%

5Y11.3%

3Y-2.1%

TTM2.35%

ROCE

10Y Avg9.31%

5Y Avg11.94%

3Y Avg10.93%

Latest11.42%

Peer Comparison

Institutional Brokerage & Wealth Management

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FRHCFreedom Holding Corp.	7.71B	126.09	90.06	22.74%	4.16%	0.39%	20.56%	1.61
WHGWestwood Holdings Group, Inc.	173.67M	18.46	71	5.5%	2.33%	5.76%	12.1%	0.03
LPLALPL Financial Holdings Inc.	30.16B	376.83	26.86	23.2%	8.55%	22.03%		1.96
SFStifel Financial Corp.	13.26B	130.20	20.83	15.45%	12.42%	11.53%	3.14%	0.49
RJFRaymond James Financial, Inc.	33.88B	171.55	16.66	7.94%	13.42%	17.07%	6.63%	0.35
OPYOppenheimer Holdings Inc.	823.46M	79.02	12.41	14.71%	5%	9.21%		0.81
GSIWGarden Stage Limited Ordinary Shares	29.89M	0.14	-0.49	295.95%	-79.91%	14.93%		0.03
DOMHDominari Holdings Inc.	66.61M	4.16	-1.75	7.9%	-81.03%	52.5%		0.08

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	133.7M	227.46M	384.35M	476.37M	546.95M	458.05M	502.4M	897.73M	1.15B	1.04B
NII Growth %	-0.08%	0.7%	0.69%	0.24%	0.15%	-0.16%	0.1%	0.79%	0.28%	-0.1%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	179.1M	294.33M	454.38M	646.45M	724.88M	523.83M	548.4M	1.1B	1.96B	2.02B
Interest Expense	45.4M	66.87M	70.03M	170.08M	177.93M	65.78M	46M	201.39M	810.34M	981.37M
Loan Loss Provision	0	0	0	18.37M	9.98M	33.92M	-11.5M	33.51M	25M	25.4M
Non-Interest Income+	2.16B	2.3B	2.5B	2.51B	2.75B	3.24B	4.18B	3.44B	3.15B	3.87B
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	2.33B	2.6B	2.95B	3.15B	3.47B	3.76B	4.72B	4.54B	5.1B	5.89B
Revenue Growth %	0.05%	0.11%	0.14%	0.07%	0.1%	0.08%	0.26%	-0.04%	0.12%	0.15%
Non-Interest Expense	2.15B	2.39B	2.61B	2.43B	2.68B	3.01B	3.62B	3.42B	3.56B	3.95B
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	141.57M	142.58M	269.54M	534.36M	599.14M	651.16M	1.07B	885.12M	706.69M	928.44M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.51%	0.01%	0.89%	0.98%	0.12%	0.09%	0.64%	-0.17%	-0.2%	0.31%
Pretax Income+	141.57M	142.58M	269.54M	534.36M	599.14M	651.16M	1.07B	885.12M	706.69M	928.44M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	49.23M	61.06M	86.67M	140.39M	149.15M	147.69M	242.22M	222.96M	184.16M	197.06M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	92.34M	81.52M	182.87M	393.97M	448.4M	503.47M	824.86M	662.15M	522.54M	731.38M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.48%	-0.12%	1.24%	1.15%	0.14%	0.12%	0.64%	-0.2%	-0.21%	0.4%
Net Income (Continuing)	92.34M	81.52M	182.87M	393.97M	449.99M	503.47M	824.86M	662.15M	522.54M	731.38M
EPS (Diluted)+	0.79	0.67	1.43	3.15	3.66	4.16	6.66	5.32	4.28	6.25
EPS Growth %	-0.49%	-0.15%	1.13%	1.2%	0.16%	0.14%	0.6%	-0.2%	-0.2%	0.46%
EPS (Basic)	0.90	0.77	1.69	3.57	3.99	4.49	7.34	5.74	4.55	6.67
Diluted Shares Outstanding	117.83M	116.34M	121.55M	121.98M	117.88M	114.57M	118.53M	117.54M	113.45M	110.97M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	811.02M	912.93M	696.28M	1.94B	1.14B	2.28B	1.96B	2.2B	3.58B	2.92B
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	8.15B	10.46B	16.28B	17.76B	17.7B	19.31B	26.23B	29.73B	28.88B	31.36B
Investments Growth %	0.57%	0.28%	0.56%	0.09%	-0%	0.09%	0.36%	0.13%	-0.03%	0.09%
Long-Term Investments	6.52B	7.28B	12.51B	14.69B	14.45B	17.08B	24.11B	28.1B	28.78B	31.28B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	915.6M	962.28M	968.83M	1.03B	1.19B	1.18B	1.31B	1.33B	1.39B	1.4B
Intangible Assets	63.18M	116.3M	109.63M	119.66M	161.77M	140.98M	148.16M	130.59M	133.28M	113.57M
PP&E (Net)	181.97M	172.83M	155.12M	372.94M	1.11B	961.1M	918.94M	975.99M	969.74M	1B
Other Assets	717.62M	6.51B	1.23B	1.47B	1.22B	1.11B	1.65B	1.33B	1.63B	1.85B
Total Current Assets	4.64B	6.53B	6.31B	6.72B	6.38B	6B	5.8B	5.18B	4.7B	4.1B
Total Non-Current Assets	8.68B	15.04B	15.07B	17.8B	18.23B	20.61B	28.25B	32.02B	33.03B	35.8B
Total Assets+	13.33B	19.13B	21.38B	24.52B	24.61B	26.6B	34.05B	37.2B	37.73B	39.9B
Asset Growth %	0.4%	0.44%	0.12%	0.15%	0%	0.08%	0.28%	0.09%	0.01%	0.06%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.02%	0.02%	0.02%	0.03%	0.02%	0.01%	0.02%
Accounts Payable	1.79B	1.77B	1.41B	1.61B	2.6B	2.41B	2.36B	2.13B	1.25B	1.22B
Total Debt+	1.86B	1.74B	3.1B	3.28B	2.38B	1.8B	2.32B	1.84B	2.92B	2.77B
Net Debt	1.05B	827.46M	2.4B	1.34B	1.24B	-477.93M	351.83M	-358.6M	-660.63M	-147.65M
Long-Term Debt	1.06B	1.74B	2.08B	1.8B	1.33B	1.17B	1.17B	1.17B	1.18B	676.62M
Short-Term Debt	800.42M	0	1.01B	1.48B	1.05B	628.93M	1.14B	666.83M	915.38M	1.23B
Other Liabilities	547.65M	14.36B	601.02M	565.23M	626.77M	756.03M	1.06B	779.59M	794.94M	941.97M
Total Current Liabilities	9.23B	15.03B	15.84B	18.96B	18.99B	20.44B	26.79B	29.91B	29.64B	31.72B
Total Non-Current Liabilities	1.61B	16.1B	2.68B	2.36B	1.95B	1.93B	2.23B	1.95B	2.8B	2.49B
Total Liabilities	10.83B	16.39B	18.52B	21.32B	20.94B	22.37B	29.01B	31.87B	32.43B	34.21B
Total Equity+	2.49B	2.74B	2.86B	3.2B	3.67B	4.24B	5.03B	5.33B	5.29B	5.69B
Equity Growth %	0.07%	0.1%	0.04%	0.12%	0.15%	0.16%	0.19%	0.06%	-0.01%	0.07%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.04%	0.03%	0.07%	0.13%	0.13%	0.13%	0.18%	0.13%	0.1%	0.13%
Book Value per Share	21.15	23.54	23.54	26.21	31.13	37.00	42.48	45.33	46.67	51.24
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	10.43M	10.43M	10.75M	11.17M	16.75M	16.75M	16.75M	16.75M	16.75M	16.75M
Additional Paid-in Capital	1.82B	1.84B	1.73B	1.89B	1.9B	1.89B	1.92B	1.93B	1.91B	1.9B
Retained Earnings	805.68M	876.96M	1.03B	1.37B	1.72B	2.08B	2.76B	3.17B	3.4B	3.79B
Accumulated OCI	-39.53M	-39.04M	-26.74M	-72.52M	-11.71M	27.64M	4.72M	-117.96M	-74.33M	-75.64M
Treasury Stock	-104.93M	-100.48M	-39.31M	-180.86M	-319.66M	-307.74M	-351.1M	-352.48M	-636.7M	-629.52M
Preferred Stock	0	150M	150M	150M	310M	535M	685M	685M	685M	685M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-261.81M	-441.41M	679.92M	529.53M	626.86M	1.66B	872.09M	1.16B	499.33M	490.44M
Operating CF Growth %	-2.05%	-0.69%	2.54%	-0.22%	0.18%	1.65%	-0.48%	0.33%	-0.57%	-0.02%
Net Income	92.34M	81.52M	182.87M	393.97M	449.99M	503.47M	824.86M	662.15M	522.54M	731.38M
Depreciation & Amortization	47.14M	57.57M	44.63M	40.45M	54.38M	60.48M	63.76M	70.21M	81.46M	85.97M
Deferred Taxes	-5.73M	46.06M	118.13M	14.25M	-6.86M	-39.07M	32.1M	12.69M	15.97M	-30.64M
Other Non-Cash Items	11.17M	-86.17M	128.03M	146.34M	27.16M	42.68M	465.82M	215.35M	61.53M	161.12M
Working Capital Changes	-572.36M	-726.7M	65.79M	-166.28M	0	986.03M	-633.84M	61.5M	-322.43M	-611.15M
Cash from Investing+	-1.97B	-5.25B	-2.65B	-989.24M	-350.33M	-1.69B	-6.97B	-4.32B	1.04B	-2.31B
Purchase of Investments	-1.84B	-3.41B	-2.62B	-1.91B	-520.86M	-1.27B	-3.51B	-873.2M	-48.89M	-3.15B
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	-604.66M	-72.38M	-7.22M	-8.39M	-193.1M	36.72M	-144.47M	-11.9M	-111.96M	-8.46M
Other Investing	-517.49M	-2.46B	-1.37B	-1.06B	-1.2B	-1.44B	-5.46B	-3.82B	1B	-1.55B
Cash from Financing+	2.42B	5.66B	1.76B	1.75B	-1.08B	1.2B	5.79B	3.19B	-254.58M	980.1M
Dividends Paid	0	-3.91M	-23.06M	-44.01M	-59.27M	-73.76M	-101.92M	-171.03M	-200.26M	-227.28M
Share Repurchases	-117.75M	-113.46M	-13M	-170.2M	-215.43M	-58.26M	-172.74M	-105.83M	-443.88M	-144.1M
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	1000K	-1000K	-1000K	-1000K	1000K	1000K	1000K	-1000K
Other Financing	2.33B	4.94B	1.45B	2.39B	-604.35M	1.27B	-95.36M	-113.86M	-101.13M	1.85B
Net Change in Cash+	121.24M	-51.92M	-199.08M	1.28B	-795.4M	1.18B	-302.55M	79.34M	1.29B	-845.65M
Exchange Rate Effect	-1000K	-1000K	1000K	-1000K	1000K	1000K	-1000K	1000K	1000K	-1000K
Cash at Beginning	689.78M	1.04B	986.17M	787.09M	2.07B	1.27B	2.45B	2.15B	2.23B	3.52B
Cash at End	811.02M	986.17M	787.09M	2.07B	1.27B	2.45B	2.15B	2.23B	3.52B	2.68B
Interest Paid	41.8M	62.15M	69.78M	169.72M	183.01M	84.82M	62.51M	220.85M	821.74M	995.53M
Income Taxes Paid	59.36M	22.95M	21.52M	67.38M	161.93M	160.01M	288.95M	217.13M	183.81M	232.95M
Free Cash Flow+	-331.63M	-469.62M	651.7M	421.32M	468.96M	1.59B	683.92M	1.08B	447.35M	416.65M
FCF Growth %	-2.48%	-0.42%	2.39%	-0.35%	0.11%	2.39%	-0.57%	0.57%	-0.58%	-0.07%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	3.84%	3.12%	6.53%	13%	13.06%	12.73%	17.79%	12.78%	9.84%	13.32%
Return on Assets (ROA)	0.81%	0.5%	0.9%	1.72%	1.83%	1.97%	2.72%	1.86%	1.39%	1.88%
Net Interest Margin	1%	1.19%	1.8%	1.94%	2.22%	1.72%	1.48%	2.41%	3.04%	2.59%
Efficiency Ratio	91.99%	91.94%	88.5%	77.08%	77.32%	80.04%	76.68%	75.3%	69.77%	67.14%
Equity / Assets	18.7%	14.32%	13.38%	13.04%	14.91%	15.93%	14.79%	14.33%	14.03%	14.25%
Book Value / Share	21.15	23.54	23.54	26.21	31.13	37	42.48	45.33	46.67	51.24
NII Growth	-7.61%	70.12%	68.98%	23.94%	14.82%	-16.25%	9.68%	78.69%	27.59%	-9.63%
Dividend Payout	-	-	7.49%	8.79%	9.36%	9.24%	8.04%	20.2%	31.19%	25.98%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Asset Management	-	-	-	-	-	-	1.21B	1.26B	1.3B	1.54B
Asset Management Growth	-	-	-	-	-	-	-	4.67%	2.90%	18.25%
Investment Banking	-	-	-	707.67M	817.42M	952.31M	1.57B	971.49M	731.25M	994.83M
Investment Banking Growth	-	-	-	-	15.51%	16.50%	64.38%	-37.94%	-24.73%	36.04%
Commissions	-	-	-	657.73M	667.49M	760.63M	809.5M	710.59M	673.6M	756.02M
Commissions Growth	-	-	-	-	1.48%	13.95%	6.43%	-12.22%	-5.21%	12.24%
Product and Service, Other	-	-	-	-	-	-	-	-	5.28M	6.45M
Product and Service, Other Growth	-	-	-	-	-	-	-	-	-	22.08%
Global Wealth Management	1.38B	1.56B	1.82B	-	-	-	-	-	-	-
Global Wealth Management Growth	-	13.51%	16.55%	-	-	-	-	-	-	-
Institutional Group	975.59M	1.01B	1.11B	-	-	-	-	-	-	-
Institutional Group Growth	-	3.95%	9.53%	-	-	-	-	-	-	-
All Others	-21.31M	-2.08M	-6.55M	-	-	-	-	-	-	-
All Others Growth	-	90.25%	-215.40%	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Americas	-	-	-	-	-	-	-	-	2.51B	3.07B
Americas Growth	-	-	-	-	-	-	-	-	-	22.55%
UNITED KINGDOM	-	-	-	-	-	-	-	-	152.13M	127.11M
UNITED KINGDOM Growth	-	-	-	-	-	-	-	-	-	-16.44%
Other States	-	-	-	-	-	-	-	-	52.2M	53.77M
Other States Growth	-	-	-	-	-	-	-	-	-	3.01%
CANADA	-	-	-	-	-	-	109.28M	29.27M	40.03M	40M
CANADA Growth	-	-	-	-	-	-	-	-73.22%	36.78%	-0.08%
UNITED STATES	-	2.43B	2.78B	2.86B	3.15B	3.46B	-	4.13B	-	-
UNITED STATES Growth	-	-	14.36%	2.61%	10.45%	9.72%	-	-	-	-
Other Countries	-	-	13.97M	12.37M	19.19M	93.27M	-	43.62M	-	-
Other Countries Growth	-	-	-	-11.45%	55.17%	385.97%	-	-	-	-
Other European	10.5M	9.2M	-	-	-	-	-	-	-	-
Other European Growth	-	-12.41%	-	-	-	-	-	-	-	-
U S	2.2B	-	-	-	-	-	-	-	-	-
U S Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Stifel Financial Corp. (SF) has a price-to-earnings (P/E) ratio of 20.8x. This is roughly in line with market averages.

Growth & Financials

Stifel Financial Corp. (SF) grew revenue by 15.4% over the past year. This is strong growth.

Yes, Stifel Financial Corp. (SF) is profitable, generating $663.4M in net income for fiscal year 2024 (12.4% net margin).

Dividend & Returns

Yes, Stifel Financial Corp. (SF) pays a dividend with a yield of 1.31%. This makes it attractive for income-focused investors.

Stifel Financial Corp. (SF) has a return on equity (ROE) of 13.3%. This is reasonable for most industries.

Industry Metrics

Stifel Financial Corp. (SF) has a net interest margin (NIM) of 2.6%. NIM has been under pressure due to interest rate environment.

Stifel Financial Corp. (SF) has an efficiency ratio of 67.1%. This is higher than peers, suggesting room for cost optimization.

US Stock Screener

...