Stifel Financial Corp. reported Q4 2023 net revenues of $1.15 billion, a slight increase from $1.12 billion in Q4 2022. However, net income available to common shareholders decreased to $153.2 million, or $1.38 per diluted common share, compared to $167.3 million, or $1.43 per diluted common share in the prior year. Non-GAAP net income was $166.6 million, or $1.50 per diluted common share.
Stifel reported Q4 2023 net revenues of $1.15 billion.
Net income available to common shareholders was $153.2 million, or $1.38 per diluted common share.
Non-GAAP net income available to common shareholders reached $166.6 million, or $1.50 per diluted common share.
The company recruited 40 financial advisors during the quarter.
While specific forward guidance was not provided, the report highlights several positive and negative factors influencing the company's outlook.
Visualization of income flow from segment revenue to net income