Stifel Financial Corp. is a diversified financial services holding company that conducts its business through several wholly owned subsidiaries. Its primary broker-dealer subsidiary, Stifel, Nicolaus & Company, Incorporated, is a full-service brokerage and investment banking firm established in 1890.
Stifel Financial Corp. was formed as a holding company in July 1983 and is publicly traded on the New York Stock Exchange under the symbol "SF."
"Despite the fact that the industry reflected muted client activity during the summer months, we are pleased with our third quarter results. Year over year, revenues are up 19% and core net income from continuing operations is up 18%, both reflecting the strength of our balanced business model."
"We have had a very encouraging start to our 4th quarter. We remain focused on serving our clients and are well positioned to capitalize on the opportunities ahead." (Read More)
"We are excited to enter into this relationship with Carlyle GMS Finance, given our middle-market client focus. Our relationship will enhance deal flow opportunities for both parties." (Read More)
"The addition of Knight's fixed income sales and trading business in the U.S. and Europe is highly complementary to our current platform. The London team expands our presence in Europe, where we previously did not have fixed income operations, and the U.S. team gives us a stronger domestic platform through additional products and services. We are excited to welcome this talented group to Stifel and for their contribution to the continued growth of this area of the firm." (Read More)
"This acquisition by Stifel Bank represents an attractive, financially accretive transaction for Stifel. The transaction is consistent with Stifel Bank's long-term strategy to principally serve our Global Wealth Management business in a low risk, profitable manner. The transaction will add more than $450 million of performing loans to Stifel Bank's portfolio holdings. This is a terrific opportunity to grow the bank's assets with seasoned, high quality loans in the growing and attractive DC market." (Read More)