Stifel Financial ( (SF) ) has issued an update.
On February 27, 2025, Stifel Financial Corp. reported its operating results for January 31, 2025, highlighting significant growth in client assets under administration and fee-based assets, which increased by 14% and 18% respectively, compared to the previous year. This growth was attributed to stronger markets and a robust recruiting pipeline. However, the company also noted a seasonal decline in Sweep deposits, resulting in a 4% decrease during January, while client money market and insured products saw a 7% increase from the same period last year.
More about Stifel Financial
Stifel Financial Corp. is a financial services holding company based in St. Louis, Missouri. It operates through various subsidiaries to provide banking, securities, and financial services. The company serves broker-dealer clients in the United States, Canada, the United Kingdom, and Europe, offering services such as securities brokerage, investment banking, trading, investment advisory, and related financial services. Stifel Bank offers consumer and commercial lending solutions, while Stifel Trust Company provides trust and related services.
YTD Price Performance: -1.16%
Average Trading Volume: 669,710
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.74B
For detailed information about SF stock, go to TipRanks’ Stock Analysis page.
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