secwatch.observer — SEC 8-K summary
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Issuer:     STIFEL FINANCIAL CORP (SF)
CIK:        0000720672
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001193125-23-116742
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720672/000119312523116742/0001193125-23-116742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720672/000119312523116742/d406166d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-116742

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer