secwatch.observer — SEC 8-K summary
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Issuer:     STIFEL FINANCIAL CORP (SF)
CIK:        0000720672
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001193125-23-046526
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stifel reports Jan 2023 client assets up 5% from Dec; deposits stable
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- Total client assets $407.8B, up 5% from Dec 2022 but down 3% YoY.
- Fee-based client assets $150.9B, up 4% from Dec, down 4% YoY.
- Bank loans net $20.8B, up 22% YoY and 1% from Dec.
- Client money market and insured product $27.3B, down 2% YoY and 1% from Dec.
- CEO says client deposits stable; institutional environment challenging but Jan results in line with Q4 outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720672/000119312523046526/0001193125-23-046526-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720672/000119312523046526/d465894d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-046526

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