Stifel Financial (SF) Tops Q1 EPS by 11c, Revenues Beat
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Stifel Reports First Quarter 2021 Results
April 27, 2021 7:00 AM EDTRecord net revenues of $1.1 billion, increased 24.3% with the year-ago quarter.Record net revenues in Global Wealth Management and Institutional Group segments.Net income available to common shareholders of $164.7 million, or $1.40 per diluted common share.Non-GAAP net income available to common shareholders of $176.4 million, or $1.50 per diluted common share.Record client assets of $378.6 billion, increased 36.9% compared with the year-ago quarter and 5.9% sequentially.Annualized return on average tangible common shareholders equity (1) was... More
