Stifel Financial (SF) Tops Q4 EPS by 27c, Revenues Beat

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Stifel Reports Record Fourth Quarter and Full-Year Results

January 30, 2020 6:00 AM EST

24th consecutive year of record net revenues of $3.3 billion, an increase of 10.3% compared with 2018.Quarterly record net revenues of $944.3 million, an increase of 14.9% over our previous record quarter.Record quarterly net income available to common shareholders of $125.8 million, or $1.62 per diluted common share.Record non-GAAP net income available to common shareholders of $146.6 million, or $1.88 per diluted common share.Record client assets of $329.5 billion, increased 22.1% compared with the year-ago quarter.Quarterly GAAP return on tangible common equity of 26.3%.Quarterly non-GAAP return on tangible common equity of 30.6%.Increasing quarterly... More