Stifel Financial Corp Reports Strong Q3 Growth

By Bobby Samwell • Wednesday, October 22 12:07 • Permanent Link

Stifel Financial Corp. (NYSE: SF) has reported strong financial results for the third quarter of 2025, showcasing significant growth compared to the same period last year. The company's net revenues for the three months ended September 30, 2025, were $1.43 billion, marking an increase from $1.22 billion in the third quarter of 2024. Net income available to common shareholders also saw a notable rise, reaching $202.1 million, or $1.84 per diluted common share, compared to $149.2 million, or $1.34 per diluted common share in the third quarter of 2024.

The non-GAAP net income available to common shareholders was particularly impressive, at $214.4 million, or $1.95 per diluted common share for the third quarter of 2025.

Several key metrics saw substantial growth, including investment banking revenues, which increased by 33% over the year-ago quarter, capital raising revenues, which surged by 36%, and advisory revenues, which grew by 31%. Transactional revenues and record asset management revenues also experienced significant upticks of 20% and 13% respectively from the previous year's quarter.

The company's total client assets reached $544.0 billion, marking a noteworthy 10% increase from the year-ago quarter. Stifel also recruited 33 financial advisors during the quarter, including 16 experienced employee advisors and 1 experienced independent advisor.

Moreover, the non-GAAP pre-tax margin stood at 21.2%, and the annualized return on tangible common equity (ROTCE) was 24.3%, showcasing the company's robust financial performance.

Within the Global Wealth Management segment, net revenues hit a record $907.4 million for the third quarter of 2025, up from $827.1 million in the same period last year. Pre-tax net income for this segment also saw a substantial increase, reaching $342.7 million compared to $301.7 million in the third quarter of 2024.

The Institutional Group also reported significant growth, with net revenues reaching $500.4 million, compared to $372.4 million in the third quarter of 2024. Pre-tax net income for this segment was $89.3 million, a notable increase from $41.8 million in the third quarter of 2024.

As a result of these announcements, the company's shares have moved 0.2% on the market, and are now trading at a price of $112.38. For the full picture, make sure to review STIFEL FINANCIAL CORP's 8-K report.

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