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Jun 30, 2022
Stifel Q2 2022 Earnings Report
Stifel reported solid results in Q2 2022, driven by higher net interest income and asset management revenues amidst volatile market conditions.
Key Takeaways
Stifel Financial Corp. reported net revenues of $1.1 billion for the three months ended June 30, 2022, compared with $1.2 billion a year ago. Net income available to common shareholders was $151.5 million, or $1.29 per diluted common share, compared with $189.8 million, or $1.60 per diluted common share for the second quarter of 2021. Non-GAAP net income available to common shareholders was $163.9 million, or $1.40 per diluted common share for the second quarter of 2022.
Net revenues reached $1.1 billion, the second highest for any second quarter in the company's history.
Non-GAAP net income available to common shareholders was $1.40 per share.
Net interest income increased by 64% compared to the same quarter last year.
The company recruited 41 financial advisors during the quarter.
Stifel
Stifel
Stifel Revenue by Segment
Revenue by Segment
Global Wealth Mgmt Revenue
CapyFin.comInstitutional Group Revenue
CapyFin.com Forward Guidance
Market conditions are volatile and difficult to predict, and, as such, we will remain both cautious and opportunistic. Stifel is well positioned for continued growth as our capital levels remain robust and, as we have done throughout our history, we will use periods of market dislocation to reinvest in our business for future growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income