Overview
Stifel Q2 revenue rises 5% yr/yr, beating analyst expectations, per LSEG data
Non-GAAP net income for Q2 beats analyst estimates, reflecting strong performance
Co repurchased $83 mln of common stock during the quarter
Outlook
Company confident about second half of 2025 and beyond
Result Drivers
TRANSACTIONAL REVENUES - Increased 11% over the year-ago quarter, contributing to overall revenue growth
ASSET MANAGEMENT - Revenues rose 6% yr/yr, driven by higher asset values and net new asset growth
FINANCIAL ADVISORS - Added 82 advisors, marking the strongest recruiting quarter in a decade
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.28 bln
$1.24 bln (5 Analysts)
Q2 Adjusted EPS
$1.71
Q2 EPS
$1.34
Q2 Adjusted Net Income
Beat
$185.60 mln
$176.10 mln (4 Analysts)
Q2 Net Income
$145.73 mln
Q2 ROCE
15.2%
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment banking & brokerage services peer group is "buy."
Wall Street's median 12-month price target for Stifel Financial Corp is $117.50, about 6.3% above its July 29 closing price of $110.09
Press Release: ID:nGNXc5yK1C
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)