Stifel Financial Corp. reported record net revenues of $1.36 billion for Q4 2024, a significant increase from $1.15 billion in the same period last year. Net income available to common shareholders was $234.7 million, or $2.09 per diluted common share, compared to $153.2 million, or $1.38 per diluted common share for the fourth quarter of 2023. Non-GAAP net income available to common shareholders was $249.7 million, or $2.23 per diluted common share for the fourth quarter of 2024.
Stifel generated record net revenue in Q4 2024.
Net income available to common shareholders increased to $234.7 million.
Non-GAAP net income available to common shareholders reached $2.23 per diluted common share.
Investment banking revenue increased 48% over the year-ago quarter.
Stifel is well positioned to capitalize on improving market conditions in 2025 and to achieve our short and long term targets.