Stifel Financial Corp. reported Q4 2022 net revenues of $1.1 billion, a decrease from $1.3 billion in the same period last year. Net income available to common shareholders was $167.3 million, or $1.43 per diluted common share, compared to $252.1 million, or $2.12 per diluted common share in Q4 2021. Non-GAAP net income was $184.9 million, or $1.58 per diluted common share. Despite the revenue decline, the Global Wealth Management segment achieved record results.
Net revenues for Q4 2022 were $1.1 billion, down from $1.3 billion year-over-year.
Net income available to common shareholders decreased to $167.3 million, or $1.43 per diluted share.
Non-GAAP net income available to common shareholders was $184.9 million, or $1.58 per diluted share.
Global Wealth Management segment achieved record net revenues.
The board has approved a 20% increase to our common dividend.
Visualization of income flow from segment revenue to net income