Sector: Financials | Industry: Investment Banking & Brokerage Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 501 N. Broadway ST. LOUIS MO 63102-2102 |
Tel: | N/A |
Website: | https://www.stifel.com |
IR: | See website |
Key People | ||
Ronald J. Kruszewski Chairman of the Board, Chief Executive Officer | Victor J. Nesi Co-President, Director of the Institutional Group | James M. Zemlyak Co-President, Head of Global Wealth Management |
James M. Marischen Chief Financial Officer, Senior Vice President | Christopher K. Reichert Chief Executive Officer of Stifel Bank and Trust | David D. Sliney Chief Operating Officer, Senior Vice President |
Mark P. Fisher Senior Vice President, General Counsel, Corporate Secretary | Thomas B. Michaud Senior Vice President | Thomas W. Weisel Senior Managing Director, Director |
Business Overview |
Stifel Financial Corp. is a financial holding company. The Company's principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a full-service retail and institutional wealth management and investment banking company. Its segment includes Global Wealth Management, Institutional Group, and others. Its Global Wealth Management segment consists of two businesses, the Private Client Group and Stifel Bancorp. The Private Client Group provides securities brokerage services, including the sale of equities, mutual funds, fixed income products, and insurance, as well as offering banking products to its private clients through its bank subsidiaries, which provide residential, consumer, commercial lending, and FDIC-insured deposit accounts to customers. The Institutional Group segment includes institutional sales and trading. The Other segment includes interest income from stock borrow activities, unallocated interest expense, interest income and gains and losses from investments. |
Financial Overview |
For the fiscal year ended 31 December 2023, Stifel Financial Corp revenues increased 12% to $5.16B. Net income applicable to common stockholders decreased 22% to $485.3M. Revenues reflect Global Wealth management segment increase of 8% to $3.05B, Other European segment increase of 41% to $61.3M, Net Interest Margin, Total -% increase of 21% to 3.44%. Net income was offset by Interest Expense increase from $201.4M to $810.3M (expense). |
Employees: | 9,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $34,630M as of Dec 31, 2023 |
Annual revenue (TTM): | $5,159M as of Dec 31, 2023 |
EBITDA (TTM): | $1,599M as of Dec 31, 2023 |
Net annual income (TTM): | $485.26M as of Dec 31, 2023 |
Free cash flow (TTM): | $247.09M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $26,064M as of Dec 31, 2023 |
Shares outstanding: | 109,223,422 as of Feb 1, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |