Stifel Q4 revenue rises 14%, beats estimates

Stifel Financial

28/01/2026 12:09

Overview

Financial services firm's Q4 revenue rose 14%, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company announced a three-for-two stock split and 11% dividend increase

Outlook

Company approved 11% increase in quarterly dividend starting first quarter 2026

Company declared three-for-two stock split effective February 26, 2026

Company confident in navigating market and geopolitical risks

Result Drivers

INVESTMENT BANKING GROWTH - Investment banking revenues increased 50% over the year-ago quarter, driven by higher volumes and larger deal sizes

ASSET MANAGEMENT REVENUES - Asset management revenues increased 12% over the year-ago quarter, reflecting higher asset values due to improved market conditions and net new asset growth

LEGAL PROVISIONS IMPACT - Non-GAAP net income was negatively impacted by elevated provisions for legal matters, affecting pre-tax margin and ROTCE

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$1.56 bln
$1.50 bln (4 Analysts)
Q4 Adjusted EPS
Beat
$2.63
$2.51 (6 Analysts)
Q4 EPS
$2.31
Q4 Adjusted Net Income
$290 mln
Q4 Net Income
$255.04 mln
Q4 ROCE
22.20%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "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 $134.50, about 6.5% above its January 27 closing price of $126.34

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nGNX53pn4P

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)