Stifel Financial (SF) Misses Q1 EPS by 17c, Revenues Beat

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Go back to Stifel Financial (SF) Misses Q1 EPS by 17c, Revenues Beat

Stifel Reports First Quarter 2020 Results

April 30, 2020 6:00 AM EDT

Net revenues of $913.0 million, increased 18.5% with the year-ago quarter.Net income available to common shareholders of $81.7 million, or $1.07 per diluted common share.Non-GAAP net income available to common shareholders of $91.9 million, or $1.20 per diluted common share.Annualized return on average tangible common shareholders equity (1) was 17.4%.Non-GAAP annualized return on average tangible common shareholders equity (1) was 19.5%.The Board of Directors declared a $0.17 quarterly dividend per share, an increase of 13% from the prior quarter.The Company repurchased $56.2 million of its outstanding common stock.

ST. LOUIS, April 30, 2020 (GLOBE... More