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Sep 30, 2021
Stifel Q3 2021 Earnings Report
Stifel's financial performance for Q3 2021 was strong, with record net revenues and client assets, driven by growth in both Global Wealth Management and Institutional Group segments.
Key Takeaways
Stifel Financial Corp. reported a strong Q3 2021, with net revenues of $1.1 billion and net income available to common shareholders of $182.7 million, or $1.54 per diluted common share. The company's performance was driven by strong results in both its Global Wealth Management and Institutional Group segments, leading to the second-highest net revenue and EPS in the company's history.
Net revenues increased by 30% compared to the year-ago quarter, reaching $1.1 billion.
Earnings per share rose to $1.54, a 59% increase over the previous year.
Client assets reached a record $407.0 billion, marking a 25% increase from the year-ago quarter.
Global Wealth Management and Institutional Group both reported strong revenue growth, contributing to overall success.
Revenue by Segment
Forward Guidance
Stifel remains well positioned to continue and build upon our decades long growth
Positive Outlook
- Strength of recruiting pipeline
- Strength of investment banking pipelines
- Leverage to higher interest rates
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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