other material
confidence high
sentiment positive
materiality 0.65
Stifel reports May client assets up 16% YoY; Q2 IB revenue guidance +25-30%
STIFEL FINANCIAL CORP
- Total client assets $579.7B, up 16% YoY and 2% MoM.
- Fee-based client assets $238.7B (+20% YoY); PCG fee-based assets $208.8B (+20% YoY).
- Bank loans net $23.9B, +13% YoY and +2% from April.
- Treasury deposits $10.8B, +76% YoY but -3% MoM due to corporate client timing.
- CEO expects Q2 investment banking revenue to increase 25-30% vs Q2 2025.