| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.0K | 19.9% |
| Total Income | 1.0K | 19.9% |
| Expenditure | 684.29 | 12.2% |
| PBT | 326.07 | 414.6% |
| Net Profit | 251.42 | 374.5% |
| OPM | — | |
| NPM | 24.88% | 18.59pp |
| EPS | 1.56 | 271.4% |
Stifel Reports Q1 2026 Results: Net Revenues $1.48 Billion
22 Apr 2026 · 22 Apr, 4:30 pm
Summary
Stifel Financial Corp. reported a record first quarter with net revenues of $1.48 billion. Net income available to common shareholders was $242.1 million, or $1.48 per diluted common share. Investment banking revenues increased significantly, driven by advisory and capital raising activities. Client assets also saw substantial growth, reaching $538.7 billion.
Key Highlights
- 1
Stifel Financial Corp. reported net revenues of $1.48 billion for the three months ended March 31, 2026, compared with $1.26 billion a year ago.
- 2
Net income available to common shareholders was $242.1 million, or $1.48 per diluted common share, compared with $43.7 million, or $0.26 per diluted common share for the first quarter of 2025.
- 3
Investment banking revenues increased 44% over the year-ago quarter.
- 4
Advisory revenues increased 59% over the year-ago quarter.
- 5
Client assets reached $538.7 billion, up 11% over the year-ago quarter.
- 6
The company's non-GAAP pre-tax margin was 22.2%.
Management Comments
Ronald J. Kruszewski
Stifel delivered record first quarter results with approximately $1.5 billion in revenue and earnings per share of $1.48. Even amid heightened volatility driven by geopolitical events, we achieved our strongest ever first quarter performance across both operating segments, underscoring the durability and diversification of our model. Looking ahead, client engagement remains high across wealth management and institutional, and our investment banking pipelines are among the strongest we have seen. Assuming market risks remain within current expectations, we are well positioned for a strong 2026.
Informational and educational content only. Not investment advice.