Stifel Financial (SF) PT Raised to $61 at JMP Securities

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Go back to Stifel Financial (SF) PT Raised to $61 at JMP Securities

Stifel Reports Third Quarter 2018 Financial Results

October 30, 2018 4:01 PM EDT

Record net income available to common shareholders of $101.5 million, or $1.25 per diluted common share.Net revenues of $738.3 million, increased 2.4% compared with the year-ago quarter.Record net revenues in Global Wealth Management.Non-GAAP net income available to common shareholders of $110.1 million, or $1.35 per diluted common share.Record client assets of $289.1 billion, increased 9.2% compared with the year-ago quarter and 4.1% sequentially.Non-GAAP return on tangible common equity of 25.2%.Completed the acquisition of Business Bancshares, Inc.

ST. LOUIS, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE:... More