STIFEL FINANCIAL CORP
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 16, 2024
SF$73.12-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition
| December 31, | ||
|---|---|---|
| (in thousands, except share and per share amounts) | 2023 | 2022 |
| Assets | ||
| Cash and cash equivalents | $3,361,801 | $2,199,985 |
| Cash segregated for regulatory purposes | 162,048 | 29,017 |
| Receivables: | ||
| Brokerage clients, net | 841,507 | 924,385 |
| Brokers, dealers, and clearing organizations | 414,144 | 418,091 |
| Securities purchased under agreements to resell | 349,849 | 348,162 |
| Financial instruments owned, at fair value | 918,741 | 731,752 |
| Available-for-sale securities, at fair value | 1,551,686 | 1,636,041 |
| Held-to-maturity securities, at amortized cost | 5,888,798 | 5,990,451 |
| Loans: | ||
| Held for investment, net | 19,305,805 | 20,465,092 |
| Held for sale, at lower of cost or market | 423,999 | 156,912 |
| Investments, at fair value | 91,105 | 99,376 |
| Fixed assets, net | 191,528 | 200,043 |
| Operating lease right-of-use assets, net | 778,216 | 775,949 |
| Goodwill | 1,388,243 | 1,326,548 |
| Intangible assets, net | 133,279 | 130,589 |
| Loans and advances to financial advisors and other employees, net | 683,486 | 654,112 |
| Deferred tax assets, net | 121,522 | 159,207 |
| Other assets | 1,121,703 | 950,412 |
| Total assets | $37,727,460 | $37,196,124 |
| Liabilities | ||
| Payables: | ||
| Brokerage clients | $734,821 | $770,336 |
| Brokers, dealers, and clearing organizations | 231,736 | 94,954 |
| Drafts | 117,688 | 102,212 |
| Securities sold under agreements to repurchase | 417,644 | 212,011 |
| Bank deposits | 27,334,579 | 27,117,111 |
| Financial instruments sold, but not yet purchased, at fair value | 497,741 | 454,817 |
| Accrued compensation | 585,612 | 677,376 |
| Accounts payable and accrued expenses | 1,337,579 | 1,264,282 |
| Senior notes, net | 1,115,629 | 1,114,554 |
| Debentures to Stifel Financial Capital Trusts | 60,000 | 60,000 |
| Total liabilities | 32,433,029 | 31,867,653 |
| Equity | ||
| Preferred stock − $1 par value; authorized 3,000,000 shares; issued 27,400 shares | 685,000 | 685,000 |
| Common stock − $0.15 par value; authorized 194,000,000 shares; issued 111,662,321 and 111,662,034 shares, respectively | 16,749 | 16,749 |
| Additional paid-in-capital | 1,905,097 | 1,928,069 |
| Retained earnings | 3,398,610 | 3,169,095 |
| Accumulated other comprehensive loss | (74,326) | (117,960) |
| Treasury stock, at cost, 10,600,793 and 6,314,033 shares, respectively | (636,699) | (352,482) |
| Total equity | 5,294,431 | 5,328,471 |
| Total liabilities and equity | $37,727,460 | $37,196,124 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.