STIFEL FINANCIAL CORP
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
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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.
FY2025 · Filed Feb 24, 2026
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) | 2025 | 2024 |
| Assets | ||
| Cash and cash equivalents | $2,253,789 | $2,648,308 |
| Cash segregated for regulatory purposes | 29,018 | 29,895 |
| Receivables: | ||
| Brokerage clients, net | 1,138,094 | 897,363 |
| Brokers, dealers, and clearing organizations | 571,663 | 486,465 |
| Securities purchased under agreements to resell | 564,162 | 528,976 |
| Financial instruments owned, at fair value | 1,427,835 | 1,169,008 |
| Available-for-sale securities, at fair value | 1,593,390 | 1,584,598 |
| Held-to-maturity securities, at amortized cost | 6,549,054 | 6,524,954 |
| Loans: | ||
| Held for investment, net | 21,925,257 | 20,731,796 |
| Held for sale, at lower of cost or fair value | 502,199 | 578,980 |
| Investments, at fair value | 81,825 | 75,358 |
| Fixed assets, net | 197,119 | 193,156 |
| Operating lease right-of-use assets, net | 788,477 | 809,174 |
| Goodwill | 1,463,858 | 1,395,218 |
| Intangible assets, net | 108,045 | 113,574 |
| Loans and advances to financial advisors and other employees, net | 744,635 | 682,196 |
| Deferred tax assets, net | 151,204 | 152,378 |
| Other assets | 1,181,158 | 1,294,143 |
| Total assets | $41,270,782 | $39,895,540 |
| Liabilities | ||
| Payables: | ||
| Brokerage clients | $431,583 | $468,773 |
| Brokers, dealers, and clearing organizations | 303,378 | 215,249 |
| Drafts | 142,916 | 126,770 |
| Securities sold under agreements to repurchase | 651,236 | 580,170 |
| Bank deposits | 29,752,063 | 29,102,227 |
| Financial instruments sold, but not yet purchased, at fair value | 793,626 | 646,271 |
| Accrued compensation | 988,952 | 790,194 |
| Lease liabilities, net | 855,899 | 867,426 |
| Accounts payable and accrued expenses | 701,369 | 735,072 |
| Senior notes, net | 617,443 | 616,618 |
| Debentures to Stifel Financial Capital Trusts | 55,000 | 60,000 |
| Total liabilities | 35,293,465 | 34,208,770 |
| 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 111,662,776 and 111,662,571 shares, respectively | 16,749 | 16,749 |
| Additional paid-in-capital | 1,916,324 | 1,895,568 |
| Retained earnings | 4,163,363 | 3,794,609 |
| Accumulated other comprehensive loss | (17,809) | (75,638) |
| Treasury stock, at cost, 9,998,343 and 9,491,204 shares, respectively | (786,310) | (629,518) |
| Total equity | 5,977,317 | 5,686,770 |
| Total liabilities and equity | $41,270,782 | $39,895,540 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.