Stifel Financial (SF) Tops Q2 EPS by 15c

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Go back to Stifel Financial (SF) Tops Q2 EPS by 15c

Stifel Reports Second Quarter 2017 Financial Results

July 31, 2017 6:30 AM EDT

ST. LOUIS, MO -- (Marketwired) -- 07/31/17 --

Record net revenues of $725.6 million, increased 11.3% compared with the year-ago quarter and 7.4% sequentially.Record net revenues and pre-tax operating income in Global Wealth Management.Record net revenues in Institutional Group.Net income available to common shareholders of $50.5 million, or $0.63 per diluted common share.Non-GAAP net income available to common shareholders of $71.6 million, or $0.90 per diluted common share.Record client assets of $258.1 billion, increased 14.2% compared with the year-ago quarter and 2.2% sequentially.

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