Stifel Financial Corp Reports Fourth Quarter 2024 Financial Results

St. Louis-based financial services firm Stifel Financial Corp (NYSE:SF) published its quarterly financial results for the period ended December 31, 2024. The company disclosed that it achieved a record net revenue of $4,970 million (GAAP) and $4,971 million (Non-GAAP) for the period. Additionally, Stifel reported that its net earnings were $694 million (GAAP) and $756 million (Non-GAAP), resulting in earnings per share of $6.25 (GAAP) and $6.81 (Non-GAAP).

The firm highlighted a pre-tax margin of 18.7% (GAAP) and 20.1% (Non-GAAP), showcasing strong financial performance for the period. Stifel’s Return on Common Equity (ROCE) was at 14.6% (GAAP) and 15.9% (Non-GAAP), while its Return on Tangible Common Equity (ROTCE) stood at 20.9% (GAAP) and 22.7% (Non-GAAP).

The company’s Institutional Group revenue reached its second-highest level ever, along with record revenue for Global Wealth Management and Asset Management. Stifel also noted a 10% increase in its common dividend and a notable 46% growth in earnings per share compared to the previous period.

Looking ahead, Stifel Financial Corp scheduled a conference call on January 29, 2025, at 9:30 a.m. Eastern Time to discuss these financial results and related matters. Included in the disclosure were attachments of a press release, financial supplement, and a presentation for the conference call, emphasizing the firm’s commitment to transparency and effective communication with stakeholders.

The exhibits provided are under Item 2.02 of the 8-K filing, clarifying that the information contained does not constitute a formal filing under SEC regulations. It also mentions that the attached materials are not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934 or incorporated by reference into any filings under the Securities Act of 1933 or the Exchange Act.

Stifel Financial Corp remains focused on delivering strong financial performance and maintaining effective communication with its investors and stakeholders. The company’s detailed financial results reflect its commitment to transparency and accountability in its operations.

This article is a summary of the details provided in the 8-K filing submitted by Stifel Financial Corp to the Securities and Exchange Commission on January 29, 2025.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Stifel Financial’s 8K filing here.

About Stifel Financial

Stifel 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 and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.