Stifel reports record client assets $522.3B, up 9% YoY; treasury deposits surge 87%

STIFEL FINANCIAL CORP

• Total client assets of $522.3B at July 31, 2025, a record level, up 9% YoY and 1% from June.
• Fee-based client assets of $209.1B, up 14% YoY to a record, driven by market appreciation and net new assets.
• Treasury deposits of $7.2B surged 87% YoY, offsetting a modest 2% decline in client money market and insured products.
• Bank loans net of $21.6B rose 7% YoY and 1% month-over-month on higher Fund Banking and Residential lending.
• CEO Kruszewski cited strong momentum from ongoing market gains and net asset inflows.