STIFEL FINANCIAL CORP
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
View on SEC.govAbout this filing
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.
FY2024 · Filed Feb 26, 2025
SF$73.21+2.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands, except per share amounts) | 2024 | 2023 | 2022 |
| Revenues: | |||
| Commissions | $756,024 | $673,597 | $710,589 |
| Principal transactions | 604,564 | 490,440 | 529,033 |
| Investment banking | 994,831 | 731,255 | 971,485 |
| Asset management | 1,536,674 | 1,299,496 | 1,262,919 |
| Interest | 2,016,464 | 1,955,745 | 1,099,115 |
| Other income | 43,129 | 8,747 | 19,685 |
| Total revenues | 5,951,686 | 5,159,280 | 4,592,826 |
| Interest expense | 981,366 | 810,336 | 201,387 |
| Net revenues | 4,970,320 | 4,348,944 | 4,391,439 |
| Non-interest expenses: | |||
| Compensation and benefits | 2,916,229 | 2,554,581 | 2,586,232 |
| Occupancy and equipment rental | 362,402 | 339,322 | 313,247 |
| Communications and office supplies | 194,382 | 184,652 | 175,135 |
| Commissions and floor brokerage | 62,823 | 58,344 | 57,752 |
| Provision for credit losses | 25,402 | 24,999 | 33,506 |
| Other operating expenses | 480,638 | 480,354 | 340,451 |
| Total non-interest expenses | 4,041,876 | 3,642,252 | 3,506,323 |
| Income before income tax expense | 928,444 | 706,692 | 885,116 |
| Provision for income taxes | 197,065 | 184,156 | 222,961 |
| Net income | 731,379 | 522,536 | 662,155 |
| Preferred dividends | 37,281 | 37,281 | 37,281 |
| Net income available to common shareholders | $694,098 | $485,255 | $624,874 |
| Earnings per common share: | |||
| Basic | $6.67 | $4.55 | $5.74 |
| Diluted | $6.25 | $4.28 | $5.32 |
| Cash dividends declared per common share | $1.68 | $1.44 | $1.20 |
| Weighted-average number of common shares outstanding: | |||
| Basic | 104,066 | 106,661 | 108,848 |
| Diluted | 110,975 | 113,453 | 117,540 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.