Stifel Financial Corp Stock Research

Market Summary

USD55.57-1.78

Market Closed

-3.10%

SF Alerts

1 major insider sales recently.

SF Stock Price

SF RSI Chart

SF Valuation

Market Cap

6.6B

Price/Earnings (Trailing)

9.92

Price/Sales (Trailing)

1.43

EV/EBITDA

3.84

Price/Free Cashflow

5.68

SF Price/Sales (Trailing)

SF Profitability

EBT Margin

19.27%

Return on Equity

12.43%

Return on Assets

1.78%

Free Cashflow Yield

17.62%

SF Fundamentals

SF Revenue

Revenue (TTM)

4.7B

Revenue Y/Y

12.06%

Revenue Q/Q

2.05%

SF Earnings

Earnings (TTM)

646.1M

Earnings Y/Y

-9.23%

Earnings Q/Q

-10.8%

Price Action

52 Week Range

49.3168.77

(Low)(High)

Last 7 days

-2.2%

Last 30 days

-6.5%

Last 90 days

-16.5%

Trailing 12 Months

-13.4%

SF Financial Health

SF Investor Care

Dividend Yield

2.27%

Dividend/Share (TTM)

1.26

Shares Dilution (1Y)

1.29%

Diluted EPS (TTM)

5.21

Peers (Alternatives to Stifel Financial)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GS	107.8B	39.0B	-4.89%	1.22%	10.21	2.76	-18.28%	-43.67%
SCHW	99.6B	21.2B	1.70%	-23.94%	13.86	4.8	14.77%	27.91%
BLK	98.6B	17.4B	-0.82%	1.13%	20.12	5.66	-11.48%	-20.19%
RJF	19.1B	12.0B	0.66%	-7.92%	11.41	1.6	11.08%	11.36%
MKTX	10.3B	735.4M	-14.14%	-2.76%	39.61	13.95	6.65%	6.97%
MID-CAP
IBKR	8.5B	3.5B	0.06%	25.50%	4.63	3.18	133.79%	12.59%
SEIC	7.5B	1.9B	-3.71%	-2.48%	19.23	4.01	-8.09%	-35.44%
SF	6.6B	4.7B	-6.53%	-13.40%	9.92	1.43	-0.66%	-21.72%
SNEX	1.7B	64.5B	-19.20%	6.95%	7.56	0.03	22.22%	49.25%
SMALL-CAP
PIPR	1.9B	1.4B	-3.13%	-2.47%	18.96	1.37	-29.57%	-62.49%
VIRT	1.7B	2.3B	-8.86%	-32.68%	6.27	0.75	-8.65%	-30.67%
COWN	1.1B	1.5B	0.39%	32.10%	14.3	0.71	-27.22%	-74.14%
AC	810.8M	16.9M	-1.07%	-6.64%	-54.17	48.01	-24.32%	-161.15%
OPY	434.3M	1.2B	3.84%	10.70%	11.53	0.37	-9.34%	-70.93%
GHL	265.1M	262.7M	115.80%	21.56%	-33.4	1.01	-10.67%	-128.23%

Financials for Stifel Financial

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	3.0%	4,729	4,593	4,668	4,718	4,760
EBITDA	2.2%	1,137	1,112	1,113	1,154	-
EBITDA Margin	3.9%	0.25*	0.24*	0.24*	0.24*	-
Earnings Before Taxes	-1.9%	868	885	970	1,021	1,066
EBT Margin	-7.3%	0.19*	0.21*	0.22*	0.22*	-
Interest Expenses	72.3%	347	201	94.00	44.00	41.00
Net Income	-2.4%	646	662	747	788	825
Net Income Margin	-9.9%	0.14*	0.16*	0.17*	0.17*	-
Free Cahsflow	72.3%	1,157	672	1,108	730	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	3.8%	38,598	37,196	37,612	36,476	35,088
Cash Equivalents	25.7%	2,766	2,200	1,415	1,578	1,555
Net PPE	0.2%	201	200	177	171	169
Goodwill	4.0%	1,380	1,327	1,320	1,309	1,309
Liabilities	4.4%	33,270	31,868	32,385	31,352	30,033
Shareholder's Equity	0.0%	5,327	5,328	5,227	5,125	5,054
Additional Paid-In Capital	-5.1%	1,831	1,928	1,914	1,884	1,852
Shares Outstanding	-0.3%	109	109	109	-	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	23.9%	1,434	1,157	672	1,108	730
Share Based Compensation	-1.8%	133	136	137	136	133
Cashflow From Investing	14.9%	-3,678	-4,324	-7,622	-6,925	-6,178
Cashflow From Financing	1.7%	3,244	3,191	6,346	5,946	5,661
Buy Backs	89.3%	200	106	119	162	161

Risks for SF

What is the probability of a big loss on SF?

66.9%

Probability that Stifel Financial stock will be more than 20% underwater in next one year

45%

Probability that Stifel Financial stock will be more than 30% underwater in next one year.

22.7%

Probability that Stifel Financial stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SF drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Stifel Financial was unfortunately bought at previous high price.

Drawdowns

Returns for SF

Cumulative Returns on SF

9.3%

10-Year Cumulative Returns

12.7%

7-Year Cumulative Returns

7.9%

5-Year Cumulative Returns

21.2%

3-Year Cumulative Returns

What are the long-term rolling returns for SF?

FIve years rolling returns for Stifel Financial.

Annualized Returns

Which funds bought or sold SF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-26	ProShare Advisors LLC	reduced	-57.27	-485,796	370,317	-%
2023-05-23	Brookfield Corp /ON/	new	-	5,759,030	5,759,030	0.02%
2023-05-23	Capital Impact Advisors, LLC	reduced	-26.01	-42,579	127,103	0.16%
2023-05-23	Front Row Advisors LLC	added	8.66	4,000	36,000	0.02%
2023-05-22	AMERIPRISE FINANCIAL INC	reduced	-6.66	-1,797,120	30,797,900	0.01%
2023-05-22	American Trust	reduced	-4.71	-10,028	274,059	0.02%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-12.84	-4,538,000	34,028,000	0.05%
2023-05-18	JPMORGAN CHASE & CO	reduced	-17.48	-3,548,770	18,012,200	-%
2023-05-17	Advisory Services Network, LLC	added	0.63	343	18,786	-%
2023-05-17	VIRGINIA RETIREMENT SYSTEMS ET AL	reduced	-74.79	-1,298,000	513,656	-%

Latest Funds Activity

Are funds buying SF calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own SF

No. of Funds

SF Alerts

1 major insider sales recently.

Stifel Financial News

Schedule 13G FIlings of Stifel Financial

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 10, 2023	vanguard group inc	10.02%	10,638,876	SC 13G/A
Feb 13, 2023	capital research global investors	5.7%	6,087,636	SC 13G/A
Feb 09, 2023	vanguard group inc	9.83%	10,445,607	SC 13G/A
Jan 23, 2023	blackrock inc.	10.6%	11,237,257	SC 13G/A
Feb 11, 2022	capital research global investors	5.8%	6,080,494	SC 13G/A
Feb 11, 2022	macquarie group ltd	4.25%	4,443,649	SC 13G/A
Feb 10, 2022	vanguard group inc	9.33%	9,715,835	SC 13G/A
Feb 07, 2022	blackrock inc.	12.1%	12,647,285	SC 13G/A
Feb 16, 2021	capital research global investors	5.8%	5,974,206	SC 13G
Feb 12, 2021	macquarie group ltd	5.19%	5,352,754	SC 13G/A

SF Fair Value

Show Fair-Value

Recent SEC filings of Stifel Financial

View All Filings

Date Filed	Form Type	Document
May 24, 2023	8-K	Current Report
May 22, 2023	4	Insider Trading
May 18, 2023	4	Insider Trading
May 16, 2023	144	Notice of Insider Sale Intent
May 12, 2023	13F-HR	Fund Holdings Report
May 10, 2023	SC 13G/A	Major Ownership Report
May 08, 2023	DEFA14A	DEFA14A
May 04, 2023	10-Q	Quarterly Report
Apr 28, 2023	3	Insider Trading
Apr 28, 2023	DEFA14A	DEFA14A

Latest Insider Trading transactions for SF

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-18	Nesi Victor	gifted	-	-	-21,732	co-president
2023-05-18	Michaud Thomas B.	sold	-1,414,520	58.85	-24,036	senior vice president
2023-05-18	Nesi Victor	gifted	-	-	21,732	co-president
2023-05-17	Michaud Thomas B.	sold	-1,175,800	58.79	-20,000	senior vice president
2023-05-16	Michaud Thomas B.	sold	-866,250	57.75	-15,000	senior vice president
2023-03-24	ZEMLYAK JAMES M	bought	1,121,100	56.055	20,000	co-president
2023-03-14	KRUSZEWSKI RONALD J	bought	437,658	57.0313	7,674	chief executive officer
2023-03-13	KRUSZEWSKI RONALD J	bought	137,500	55.00	2,500	chief executive officer
2023-03-10	KRUSZEWSKI RONALD J	bought	590,000	59.00	10,000	chief executive officer
2023-03-02	REICHERT CHRISTOPHER K	sold (taxes)	-25,703	66.59	-386	ceo of stifel bank & trust

About Stifel Financial

Ronald J. Kruszewski

www.stifel.com

8600

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States, the United Kingdom, the rest of Europe, and Canada. It operates in three segments: Global Wealth Management, Institutional Group, and Other. The company provides private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts. It also participates in and manages underwritings for corporate and public finance; and offers financial advisory and securities brokerage services. The company was founded in 1890 and is headquartered in St. Louis, Missouri.

SF Income Statement

2023-03-31

Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands

3 Months Ended

Mar. 31, 2023

Mar. 31, 2022

Revenues:

Commissions

$ 169,550

$ 195,909

Principal transactions

115,522

159,270

Investment banking

211,879

254,846

Asset management

315,569

341,636

Interest

451,564

165,435

Other income

(2,293)

8,888

Total revenues

1,261,791

1,125,984

Interest expense

154,998

9,457

Net revenues

^[1]

1,106,793

1,116,527

Non-interest expenses:

Compensation and benefits

651,190

673,691

Occupancy and equipment rental

82,140

77,026

Communications and office supplies

46,136

42,456

Commissions and floor brokerage

14,440

15,887

Provision for credit losses

4,920

8,240

Other operating expenses

98,084

72,118

Total non-interest expenses

896,910

889,418

Income from operations before income tax expense

209,883

227,109

Provision for income taxes

52,344

53,560

Net income

157,539

173,549

Preferred dividends

9,320

Net income available to common shareholders

$ 148,219

$ 164,229

Earnings per common share:

Basic

$ 1.36

$ 1.50

Diluted

1.28

1.39

Cash dividends declared per common share

$ 0.36

$ 0.30

Weighted-average number of common shares outstanding:

Basic

108,754

109,205

Diluted

115,390

118,140

[1]	No individual client accounted for more than 10 percent of total net revenues for the three months ended March 31, 2023 and 2022.