Stifel Financial ( (SF) ) has released its Q2 earnings. Here is a breakdown of the information Stifel Financial presented to its investors.
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Stifel Financial Corp. is a financial services holding company based in St. Louis, Missouri, offering a range of banking, securities, and financial services through its subsidiaries across the United States.
In its second quarter of 2025, Stifel Financial reported net revenues of $1.3 billion, marking a 5.4% increase from the previous year. Despite this revenue growth, the net income available to common shareholders decreased to $145.7 million from $156.0 million in the same quarter of 2024.
Key highlights from the earnings report include an 11% increase in transactional revenues and a 6% rise in asset management revenues compared to the previous year. The company also achieved record client assets of $516.5 billion, reflecting a 9% increase. Stifel added 82 financial advisors, contributing to its strongest recruiting quarter in a decade.
The Institutional Group segment saw net revenues of $419.8 million, with notable increases in fixed income and equity transactional revenues. However, advisory revenues slightly decreased due to fewer completed transactions. The company also repurchased $83.0 million of its common stock during the quarter.
Looking ahead, Stifel’s management remains optimistic about the company’s performance, citing strong financial advisor recruitment, growing momentum in its institutional business, and continued progress in key growth areas as reasons for confidence in the latter half of the year and beyond.