Stifel FY26 Q2 diluted EPS climbs 50.6% to $1.34; net revenues rise 13% to $1.45 billion
SF•CEO cites record first half
CEO Ronald J. Kruszewski said the quarter capped a “record first half,” citing operating leverage and balance sheet expansion.
Stifel reports higher second-quarter revenue and earnings
- Stifel posted Q2 net revenues of $1.45 billion, up 13% from a year earlier; net income available to common shareholders rose to $217.16 million.
- Diluted EPS climbed to $1.34; pretax margin widened to 20.6% from 16.6% a year earlier.
- Investment banking revenue increased 42% to $331.95 million; asset management revenue rose 13% to $456.63 million.
- Client assets hit a record $580.08 billion, up 12%; the firm repurchased $177.04 million of stock, totaling 2,419,000 shares.
