Quarterly UpdatesJun 25, 2026, 04:16 PM
Stifel Financial May 2026 Update: Client Assets +16%, IB Rev +25-30% Q2
AI Summary
Stifel Financial Corp. reported selected operating results for May 31, 2026, highlighting significant year-over-year growth in client assets. Total client assets increased 16% to $579.7 billion, and fee-based client assets rose 20% to $238.7 billion, excluding a divested business. Bank loans grew 13% year-over-year to $23.9 billion. The company anticipates strong investment banking revenue growth of 25% to 30% for the second quarter of 2026 compared to the prior year.
Key Highlights
- Total client assets increased 16% year-over-year to $579.7 billion as of May 31, 2026.
- Fee-based client assets grew 20% year-over-year to $238.7 billion, excluding a divested business.
- Private Client Group fee-based client assets rose 20% year-over-year to $208.8 billion.
- Bank loans, net, increased 13% year-over-year to $23.9 billion.
- Treasury deposits increased 76% year-over-year to $10.8 billion, despite a 3% monthly decline.
- Expects Q2 2026 investment banking revenue to increase 25% to 30% year-over-year.
Price Impact
More from SF