{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-149012","form_type":"8-K","ticker":"SF","cik":"0000720672","company_name":"STIFEL FINANCIAL CORP","filed_at":"2025-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.102682+00:00","generated_at":"2026-05-18T18:43:04.488424+00:00","sec_items":["7.01","2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Stifel reports May client assets up 3% MoM; Q2 IB revenue seen down ~10% YoY","bullets":["Total client assets $501.4B as of May 31, 2025, up 8% YoY and 3% from April 30.","Fee-based client assets $199.1B, up 13% YoY and 4% MoM; PCG fee-based assets $173.6B (+12% YoY, +5% MoM).","CEO Kruszewski expects Q2 2025 investment banking revenue down ~10% vs Q2 2024, citing April volatility.","Client money market and insured product $25.8B, down less than 1% MoM; Smart Rate balances drove decrease.","Bank loans net $21.2B, up 7% YoY but down 2% MoM."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-149012","json":"https://secwatch.observer/filing/0001193125-25-149012.json","markdown":"https://secwatch.observer/filing/0001193125-25-149012.md","text":"https://secwatch.observer/filing/0001193125-25-149012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/720672/000119312525149012/0001193125-25-149012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/720672/000119312525149012/d837848d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T18:43:04.488424+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}