Stifel Reports Second Quarter 2020 Results

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Stifel Financial (SF) Tops Q2 EPS by 50c, Revenues Beat

July 29, 2020 6:16 AM EDT

Stifel Financial (NYSE: SF) reported Q2 EPS of $1.55, $0.50 better than the analyst estimate of $1.05. Revenue for the quarter came in at $895.8 million versus the consensus estimate of $817.5 million.

Net revenues of $895.8 million, increased 11.9% with the year-ago quarter, were the Companys third highest quarterly net revenues.Record Institutional Group net revenues and fixed income brokerage revenues.Net income available to common shareholders of... More