earnings
confidence high
sentiment positive
materiality 0.80
Stifel Q4 2024 net revenues $1.36B (+19% YoY); EPS $2.09 vs $1.38; dividend raised 10%
STIFEL FINANCIAL CORP
2024-FY EPS reported
$6.25
revenue$5,951,686,000
- Q4 net revenues $1.36B (+19% YoY); GAAP EPS $2.09, non-GAAP $2.23; FY net revenues $4.97B record.
- Global Wealth net revenues $865M (+13% YoY), pre-tax income $316M; client assets $501B (+13%).
- Institutional Group net revenues $478M (+33% YoY), pre-tax income $95.7M (vs $7.8M last year).
- Board authorizes 10% dividend increase to $0.46 per share starting Q1 2025.
- Announced acquisition of Bryan, Garnier, & Co.; recruited 100 financial advisors in 2024.