earnings
confidence high
sentiment positive
materiality 0.75
Stifel Q3 net revenue $1.22B (+17% YoY); GAAP EPS $1.34, non-GAAP $1.50
STIFEL FINANCIAL CORP
2024-Q3 EPS reported
$4.16
revenue$4,358,814,000
- Net revenues $1.22B, up 17% YoY; net income available to common $149.2M ($1.34 diluted EPS).
- Non-GAAP net income $166.3M ($1.50 diluted EPS); impacted $0.10/sh from legal provisions.
- Investment banking revs +66% YoY to $243.2M; capital raising +114%, advisory +41%.
- Record client assets $496.3B (+20%); Global Wealth net revs $827.1M (+7.6%).
- Institutional Group net revs $372.4M (+45%), pre-tax profit $41.8M vs loss year ago.