Stifel Financial (NYSE:SF) Issues Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Stifel Financial (NYSE:SF) announced its earnings results on Wednesday. The financial services provider reported $1.42 EPS for the quarter, topping the consensus estimate of $1.33 by $0.09, FiscalAI reports. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Stifel Financial had a net margin of 15.34% and a return on equity of 18.76%. The firm’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.71 earnings per share.

Here are the key takeaways from Stifel Financial’s conference call:

• Stifel delivered record first-half results, with Q2 net revenue of $1.45 billion up 13% year over year and non-GAAP EPS of $1.42 up 25%. Management highlighted a 24% return on tangible common equity and said the firm is on pace with its 2026 plan.
• Wealth management remained a major growth engine, posting record quarterly net revenue of $957 million and record client assets of $580 billion. The firm said advisor recruiting remains strong and it ranked No. 1 in J.D. Power advisor satisfaction for the fourth straight year.
• Institutional banking momentum was strong, with Q2 revenue up 15% and investment banking revenue up 42% year over year. Management said pipelines are robust, the new issue market has reopened, and sponsor activity could provide additional upside.
• Loan growth and deposit funding are supporting higher net interest income. Stifel increased its loan book by $2.6 billion in Q2 and still expects up to $4 billion of full-year balance sheet growth, while guiding Q3 net interest income to $290 million-$300 million.
• Capital returns and capital deployment were aggressive, with more than $500 million deployed in the quarter through reinvestment, buybacks, and dividends. Management said it remains disciplined on M&A and prefers organic investment and share repurchases at current valuations.

Stifel Financial Stock Performance

Shares of SF opened at $79.34 on Thursday. The company has a market cap of $12.17 billion, a PE ratio of 15.44 and a beta of 1.01. The firm has a 50-day moving average of $73.14 and a 200-day moving average of $76.84. Stifel Financial has a one year low of $67.81 and a one year high of $89.83. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.85 and a quick ratio of 0.80.

Stifel Financial Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 1st. Stifel Financial’s dividend payout ratio (DPR) is 26.46%.

Hedge Funds Weigh In On Stifel Financial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Compound Planning Inc. increased its holdings in shares of Stifel Financial by 16.7% during the 4th quarter. Compound Planning Inc. now owns 2,856 shares of the financial services provider’s stock worth $358,000 after acquiring an additional 408 shares during the last quarter. Invesco Ltd. boosted its position in Stifel Financial by 4.8% during the fourth quarter. Invesco Ltd. now owns 1,428,245 shares of the financial services provider’s stock worth $178,845,000 after purchasing an additional 64,963 shares during the period. Corient Private Wealth LLC increased its holdings in shares of Stifel Financial by 483.1% in the fourth quarter. Corient Private Wealth LLC now owns 65,090 shares of the financial services provider’s stock valued at $8,151,000 after purchasing an additional 53,927 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of Stifel Financial by 95.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 38,892 shares of the financial services provider’s stock valued at $4,870,000 after purchasing an additional 19,039 shares during the last quarter. Finally, Caitlin John LLC bought a new position in shares of Stifel Financial in the fourth quarter valued at about $501,000. Institutional investors own 82.01% of the company’s stock.

Stifel Financial News Summary

Here are the key news stories impacting Stifel Financial this week:

• Positive Sentiment: Stifel reported Q2 2026 earnings of $1.42 per share, topping consensus estimates, with revenue of $1.45 billion and 13% year-over-year revenue growth, which is helping support the stock. Stifel Reports Second Quarter 2026 Results
• Positive Sentiment: Management highlighted strong quarterly performance, including net income of $217.2 million and record revenue, reinforcing a solid operating backdrop for Stifel Financial (SF). Stifel Financial Corp (SF) Q2 2026 Earnings Call Highlights
• Neutral Sentiment: Analysts continue to raise or maintain price targets around the low $90s, suggesting expectations remain constructive after the report. Brokerages Set Stifel Financial Corporation PT at $91.75
• Neutral Sentiment: Some coverage pointed out that sales expectations were missed in one headline, which may temper enthusiasm despite the earnings beat. Stifel (NYSE:SF) misses Q2 CY2026 sales expectations

Analyst Ratings Changes

SF has been the topic of several analyst reports. Zacks Research raised shares of Stifel Financial from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Stifel Financial in a research report on Friday, May 29th. Finally, UBS Group reiterated a “buy” rating and set a $86.00 target price (down from $89.00) on shares of Stifel Financial in a report on Wednesday, July 8th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Stifel Financial has an average rating of “Moderate Buy” and a consensus price target of $91.75.

Stifel Financial Company Profile

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.