secwatch.observer — SEC 8-K summary
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Issuer:     STIFEL FINANCIAL CORP (SF)
CIK:        0000720672
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001193125-24-183300
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stifel Q2 net revenue $1.22B (+16% YoY); EPS $1.41 GAAP, $1.60 non-GAAP
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- GAAP net income available to common $156.0M, diluted EPS $1.41 vs $1.10 YoY; non-GAAP EPS $1.60.
- Record asset management rev. $380.7M (+19% YoY); advisory rev. up 50%, capital raising up 29%.
- Global Wealth Mgmt net rev. $801.1M (record); Institutional Group net rev. $390.7M (+41%), swung to profit.
- Record client assets $474.1B (+14%); recruited 42 financial advisors; non-GAAP pre-tax margin 20.6%.
- $500M 4.25% Senior Notes matured July 18; $17.6M share repurchases in Q2; TBVPS $32.00 (+4%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720672/000119312524183300/0001193125-24-183300-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720672/000119312524183300/d852406d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-183300

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