---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-116742"
form_type: "8-K"
ticker: "SF"
cik: "0000720672"
company_name: "STIFEL FINANCIAL CORP"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:24:40.601472+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stifel Q1 GAAP EPS $1.28 vs $1.39 YoY; Wealth Management record revenue up 11%

## Summary
- GAAP net income available to common $148.2M ($1.28 diluted EPS) vs $164.2M ($1.39) a year ago; Non-GAAP EPS $1.40.
- Global Wealth Management net revenues $757.2M (record), up 11% YoY; pre-tax margin 41.7%.
- Institutional Group net revenues $332.6M, down 23% YoY; pre-tax income $33.7M, down 65%.
- Net interest income $281.9M, up 80% YoY; bank loans $20.9B, up 17%.
- Dividend raised 20% to $0.36/share; $171.5M in share repurchases in Q1.

## SEC filing metadata
- accession: 0001193125-23-116742
- form_type: 8-K
- ticker: SF
- cik: 0000720672
- company_name: STIFEL FINANCIAL CORP
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720672/000119312523116742/0001193125-23-116742-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720672/000119312523116742/d406166d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-116742
- JSON: https://secwatch.observer/filing/0001193125-23-116742.json
- Plain text: https://secwatch.observer/filing/0001193125-23-116742.txt

## Key facts
- Earnings Releases
  STIFEL FINANCIAL CORP reported the three months ended March 31, 2023 results: revenue $1.1 billion, net income $148.2 million, EPS $1.28 per diluted common share.
  - Period: the three months ended March 31, 2023
  - Revenue: $1.1 billion
  - Net income: $148.2 million
  - EPS: $1.28 per diluted common share
  - Result: reported results
  source text: Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.1 billion for the three months ended March 31, 2023, compared with $1.1 billion a year ago. Net income available to common shareholders was $148.2 million, or $1.28 per diluted common share, compared with $164.2 million, or $1.39 per diluted common share for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720672/000119312523116742/0001193125-23-116742-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.