secwatch.observer — SEC 8-K summary
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Issuer:     STIFEL FINANCIAL CORP (SF)
CIK:        0000720672
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001193125-24-108414
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stifel Q1 net revenue $1.16B, up 5% YoY; non-GAAP EPS $1.49 vs $1.40
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- Net revenue $1.16B (second-highest quarter); GAAP diluted EPS $1.40, non-GAAP $1.49.
- Global Wealth Management record revenue $790.5M (+4% YoY); client assets $467.7B (+15% YoY).
- Institutional Group revenue $351.4M (+6% YoY); capital raising revenues up 56% YoY.
- S&P upgraded credit rating to BBB; quarterly dividend raised to $0.42/share (+17% YoY).
- Repurchased $159.3M of common stock in Q1; non-GAAP pre-tax margin 19.8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720672/000119312524108414/0001193125-24-108414-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720672/000119312524108414/d761108d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-108414

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