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Stifel Reports Record Full Year Results, Announces 11% Common Stock Dividend Increase and Three-For-Two Stock Split

globenewswire.com
SF Stifel reported record full-year results with increased net revenues and net income. The company also announced an 11% common stock dividend increase and a three-for-two stock split, indicating strong financial performance and confidence in future growth.

ST. LOUIS, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.56 billion for the three months ended December 31, 2025, compared with $1.36 billion a year ago. Net income available to common shareholders was $255.0 million, or $2.31 per diluted common share, compared with $234.7 million, or $2.09 per diluted common share for the fourth quarter of 2024. Non-GAAP net income available to common shareholders was $290.0 million, or $2.63 per diluted common share for the fourth quarter of 2025.

Net revenues of $5.53 billion for the year ended December 31, 2025, compared to $4.97 billion a year ago. Net income available to common shareholders was $646.5 million, or $5.87 per diluted common share, compared with $694.1 million, or $6.25 per diluted common share in 2024. Non-GAAP net income available to common shareholders was $744.3 million, or $6.76 per diluted common share in 2025.

Full Year Highlights

Fourth Quarter Highlights

Other Highlights

Global Wealth Management reported record net revenues of $933.2 million for the three months ended December 31, 2025, compared with $865.2 million during the fourth quarter of 2024. Pre-tax net income was $330.1 million compared with $316.3 million in the fourth quarter of 2024.

Highlights

Net revenues increased 8% from a year ago:

Total Expenses:

Institutional Group reported net revenues of $609.7 million for the three months ended December 31, 2025, compared with $478.3 million during the fourth quarter of 2024. Pre-tax net income was $151.7 million compared with $95.7 million in the fourth quarter of 2024.

Highlights

Investment banking revenues increased 50% from a year ago:

Fixed income transactional revenues decreased 18% from a year ago:

Equity transactional revenues increased 6% from a year ago:

Total Expenses:

Global Wealth Management reported record net revenues of $3.54 billion for the year ended December 31, 2025, compared with $3.28 billion in 2024. Pre-tax net income was $1.11 billion compared with $1.21 billion in 2024.

Highlights

Net revenues increased 8% from prior year:

Total Expenses:

Institutional Group reported net revenues of $1.91 billion for the year ended December 31, 2025, compared with $1.59 billion in 2024. Pre-tax net income was $329.4 million compared with $223.4 million in 2024.

Highlights

Investment banking revenues increased 26% from prior year:

Fixed income transactional revenues increased 11% from prior year:

Equity transactional revenues increased 13% from prior year:

Total Expenses:

Highlights

Conference Call Information

Stifel Financial Corp. will host its fourth quarter and full year 2025 financial results conference call on Wednesday, January 28, 2026, at 9:30 a.m. Eastern Time. The conference call may include forward-looking statements.

All interested parties are invited to listen to Stifel’s Chairman and CEO, Ronald J. Kruszewski, by dialing (800) 330-6710 and referencing conference ID 7359166. A live audio webcast of the call, as well as a presentation highlighting the Company’s results, will be available through the Company’s web site, www.stifel.com. For those who cannot listen to the live broadcast, a replay of the broadcast will be available through the above-referenced web site beginning approximately one hour following the completion of the call.

Company Information

Stifel Financial Corp. (NYSE: SF) is a diversified financial services firm providing wealth management, commercial and investment banking, trading, and research services to individuals, institutions, and municipalities. Founded in 1890 and headquartered in St. Louis, Missouri, the firm operates more than 400 offices across the United States and in major global financial centers. As a firm where success meets success, Stifel works closely with retail and institutional clients aiming to transform opportunities into achievement. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit www.stifel.com/investor-relations/press-releases.

A financial summary follows. Financial, statistical and business-related information, as well as information regarding business and segment trends, is included in the financial supplement. Both the earnings release and the financial supplement are available online in the Investor Relations section at www.stifel.com/investor-relations.

The information provided herein and in the financial supplement, including information provided on the Company’s earnings conference calls, may include certain non-GAAP financial measures. The definition of such measures or reconciliation of such measures to the comparable U.S. GAAP figures are included in this earnings release and the financial supplement, both of which are available online in the Investor Relations section at www.stifel.com/investor-relations.

Cautionary Note Regarding Forward-Looking Statements

This earnings release contains certain statements that may be deemed to be “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements in this earnings release not dealing with historical results are forward-looking and are based on various assumptions. The forward-looking statements in this earnings release are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements include, among other things, the following possibilities: the ability to successfully integrate acquired companies or the branch offices and financial advisors; a material adverse change in financial condition; the risk of borrower, depositor, and other customer attrition; a change in general business and economic conditions; changes in the interest rate environment, deposit flows, loan demand, real estate values, and competition; changes in accounting principles, policies, or guidelines; changes in legislation and regulation; other economic, competitive, governmental, regulatory, geopolitical, and technological factors affecting the companies’ operations, pricing, and services; and other risk factors referred to from time to time in filings made by Stifel Financial Corp. with the Securities and Exchange Commission. For information about the risks and important factors that could affect the Company’s future results, financial condition and liquidity, see “Risk Factors” in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. Forward-looking statements speak only as to the date they are made. The Company disclaims any intent or obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

Contact: Neil Shapiro (212) 271-3447 | Investor Contact: Joel Jeffrey (212) 271- 3610 | www.stifel.com/investor-relations