Business

Stifel Reports May 2025 Operating Data

ST. LOUIS, June 26, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2025, in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In May, recruiting and market appreciation drove a 3% increase in total client assets and a 4% increas

articleStifel Financial CorporationJune 26, 20252/company/stifel-financial-corporation/news/stifel-reports-may-2025-operating-data
Stifel Reports May 2025 Operating Data

About this update from Stifel Financial Corporation

[{"type":"image","alt":"Stifel Financial Corporation","displaySize":"","headline":null,"caption":"Stifel Financial Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":200,"height":75,"url":"https://media.zenfs.com/en/globenewswire.com/0a9b0cd559a26062b1fe58998ae192af"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.dz7KEZoJAWVTARcwxRelw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTEzNTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/0a9b0cd559a26062b1fe58998ae192af","width":200,"height":75}},"lazy":false},{"type":"text","content":"ST. LOUIS, June 26, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for May 31, 2025, in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.","length":330,"tagName":"p"},{"type":"text","content":"Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In May, recruiting and market appreciation drove a 3% increase in total client assets and a 4% increase in fee-based assets. Client money market and insured product levels decreased less than 1% during the month primarily due to lower Smart Rate balances as Sweep balances experienced a slight decline. Investment banking activity was negatively impacted by increased market volatility in April, but we have seen momentum increase and our pipelines build throughout the quarter as markets have stabilized. As a result, we anticipate investment banking revenue in the quarter to be down approximately 10% from the second quarter of 2024 but we remain cautiously optimistic for the full year 2025.”","length":763,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"14","style":"text-align:center;vertical-align:middle;border-top:solid black 1pt;border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":"Selected Operating Data (Unaudited)","length":35,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"border-bottom:solid black 1pt;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]},{"colspan":"10","style":"border-bottom:solid black 1pt;text-align:center;vertical-align:middle;vertical-align:bottom;","val":[{"type":"text","content":"As of","length":5,"tagName":"...

More updates from Stifel Financial Corporation

Stifel Financial Corp.Stifel BankRonald J. Kruszewski