Quarterly ResultOct 21, 2026, 07:06 AM
Stifel Reports Q3 2026 Net Income Up 11.3% to $224.8M; Revenue Flat
AI Summary
Stifel Financial Corp. reported its third quarter 2026 financial results, with net revenues remaining flat at $1.43 billion compared to the prior year. However, net income available to common shareholders increased to $224.8 million, or $1.40 per diluted share, up from $202.1 million, or $1.22 per share in the third quarter of 2025. Non-GAAP net income saw a 12% increase year-over-year to $1.46 per diluted share. The company highlighted record results in Global Wealth Management and announced a strategic investment in Meow Technologies, while also repurchasing $124.0 million of its stock.
Key Highlights
- Stifel reported Q3 2026 net revenues of $1.43 billion, flat year-over-year.
- Net income available to common shareholders was $224.8 million, or $1.40 per diluted share, up from $202.1 million, or $1.22 per share in Q3 2025.
- Non-GAAP net income available to common shareholders was $234.1 million, or $1.46 per diluted share, up 12% year-over-year.
- Global Wealth Management reported record net revenues of $980.3 million, up 8% year-over-year.
- Institutional Group reported net revenues of $430.3 million, down 14% year-over-year.
- The company repurchased $124.0 million of its common stock in Q3 2026.
- Stifel announced a strategic investment in Meow Technologies.
Price Impact
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