secwatch.observer — SEC 8-K summary
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Issuer:     STIFEL FINANCIAL CORP (SF)
CIK:        0000720672
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001193125-25-090007
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stifel Q1 revenue rises 8% to $1.26B record but EPS plunges 72% on $1.16/sh legal charge
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- GAAP net income available to common $43.7M ($0.39 diluted EPS) vs $154.3M ($1.40) a year ago.
- Non-GAAP net income $54.2M ($0.49 EPS); legal provisions reduced EPS by $1.16 after-tax.
- Global Wealth Mgmt pre-tax income fell 57% to $126.4M from $290.7M; Institutional Group down to $27.4M.
- Repurchased $210.9M of common stock in Q1; quarterly dividend raised to $0.46/share from $0.42.
- Record asset management revenue of $409.5M, up 11% YoY; client assets $485.9B, up 4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720672/000119312525090007/0001193125-25-090007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720672/000119312525090007/d857347d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-090007

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