Stifel Financial Corp. (SF)

Stifel Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest and Dividend Income	2,032	1,956	1,099	548.4	523.83	724.88
Total Interest Expense	996.89	810.34	201.39	46	65.78	177.93
Net Interest Income	1,035	1,145	897.73	502.4	458.05	546.95
Brokerage Commission	725.85	673.6	710.59	809.5	760.63	667.49
Trading & Principal Transactions	584.05	490.44	529.03	581.16	588.3	404.75
Asset Management Fee	1,461	1,299	1,263	1,207	917.42	848.04
Underwriting & Investment Banking Fee	896.08	731.26	971.49	1,565	952.31	817.42
Gain on Sale of Investments (Rev)	-1.52	0.46	-11.89	-3	-18.91	7.92
Other Revenue	30.23	8.29	31.58	75.12	94.25	44.46
Revenue Before Loan Losses	4,731	4,349	4,391	4,737	3,752	3,337
Provision for Loan Losses	15.77	25	33.51	-11.5	33.93	9.98
Revenue	4,715	4,324	4,358	4,749	3,718	3,327
Revenue Growth (YoY)	9.78%	-0.78%	-8.23%	27.71%	11.75%	10.66%
Salaries & Employee Benefits	2,763	2,522	2,547	2,794	2,249	1,946
Cost of Services Provided	609.89	582.32	546.13	515.41	495.36	434.33
Other Operating Expenses	432.15	449.3	312.52	306.73	262.23	283.3
Total Operating Expenses	3,805	3,554	3,406	3,616	3,007	2,663
Operating Income	910.63	769.9	952.16	1,132	711.47	663.68
EBT Excluding Unusual Items	910.63	769.9	952.16	1,132	711.47	663.68
Merger & Restructuring Charges	-63.21	-63.21	-67.05	-65.16	-60.31	-64.54
Pretax Income	868.24	706.69	885.12	1,067	651.16	599.14
Income Tax Expense	218.38	184.16	222.96	242.22	147.69	149.15
Earnings From Continuing Ops.	649.86	522.54	662.16	824.86	503.47	449.99
Net Income to Company	649.86	522.54	662.16	824.86	503.47	449.99
Minority Interest in Earnings	-	-	-	-	-	-1.59
Net Income	649.86	522.54	662.16	824.86	503.47	448.4
Preferred Dividends & Other Adjustments	37.28	37.28	37.28	35.59	27.26	17.32
Net Income to Common	612.58	485.26	624.87	789.27	476.21	431.08
Net Income Growth	21.09%	-21.09%	-19.72%	63.83%	12.28%	13.82%
Shares Outstanding (Basic)	104	107	109	108	106	108
Shares Outstanding (Diluted)	111	113	118	119	115	118
Shares Change (YoY)	-3.71%	-3.48%	-0.84%	3.45%	-2.80%	-3.36%
EPS (Basic)	5.89	4.55	5.74	7.34	4.49	3.99
EPS (Diluted)	5.54	4.28	5.32	6.66	4.16	3.66
EPS Growth	27.32%	-19.55%	-20.12%	60.10%	13.66%	16.19%
Free Cash Flow	1.72	447.35	1,075	683.92	1,588	468.96
Free Cash Flow Per Share	0.02	3.94	9.15	5.77	13.86	3.98
Dividend Per Share	1.620	1.440	1.200	0.600	0.450	0.400
Dividend Growth	17.39%	20.00%	100.00%	33.33%	12.50%	25.00%
Operating Margin	19.31%	17.81%	21.85%	23.84%	19.14%	19.95%
Profit Margin	12.99%	11.22%	14.34%	16.62%	12.81%	12.96%
Free Cash Flow Margin	0.04%	10.35%	24.67%	14.40%	42.72%	14.10%
Effective Tax Rate	25.15%	26.06%	25.19%	22.70%	22.68%	24.89%
Revenue as Reported	5,749	5,159	4,593	4,783	3,818	3,515

Source: S&P Capital IQ. Capital Markets template. Financial Sources.