Stifel Financial reports Q1 EPS $1.45, consensus $1.38

Reports Q1 revenue $1.44B, consensus $1.46B. Reports Q1 tangible book value per share $24.89. Reports Q1 CET1 capital ratio 15.8%. Ronald Kruszewski, chairman and CEO, said, “Stifel delivered record first quarter results with approximately $1.5 billion in revenue and earnings per share of $1.48. Even amid heightened volatility driven by geopolitical events, we achieved our strongest ever first quarter performance across both operating segments, underscoring the durability and diversification of our model. Looking ahead, client engagement remains high across wealth management and institutional, and our investment banking pipelines are among the strongest we have seen. Assuming market risks remain within current expectations, we are well positioned for a strong 2026.”