Stifel Financial Corporation · NYSE:SF
Stifel Financial — Q3 2017 Earnings Presentation
17 slides from Stifel Financial's earnings presentation, Oct 30, 2017
Slide 1: 3rd Quarter 2017 Financial Results Presentation
3rd Quarter 2017 Financial Results Presentation October 30, 2017 Exhibit 99.2
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks, assumptions, and uncertainties, including statements relating to the market opportunity and futu
Slide 3: 3rd Quarter Highlights & Results
3rd Quarter Highlights & Results Record Net Revenue for Global Wealth Management Segment of $454 million. Record Pre-Tax Operating Income for Global Wealth Management of $162 million Payment of Regular Quarterly Dividend of $0.10 per common share Issuance of $225 million of Senior Notes (settled in
Slide 4: Net Revenue Summary
Net Revenue Summary Three Months Ended 3Q17 3Q16 %Change 2017 %Chai $162,612 $171272 541% $172,264 56% Principal transactions 87,010 117002 256% 95,703 9.1% Total Brokerage 249622 288274 134% 267967 68% Investment banking: Gita raising 79922 58477 367% 102800 -22.3%| Advisory fees 101,982 86,322 181
Slide 5: Investment Banking, Brokerage, & Asset Management & Service Fees
Investment Banking, Brokerage, & Asset Management & Service Fees
Slide 6: Net Interest Income
Net Interest Income * Net interest margin in historical periods reflect impact of reverse repos
Slide 7: Segment Results
Segment Results STIFEL
Slide 8: Global Wealth Management
Global Wealth Management $500 GWIMNet Revenue goto © sco [Global Wealth Management Revenue 5 Commissions S115 2% = 4% fo Principal Transactions $43 10% = -10% ‘$100 Brokerage $158 4% 6% JAsset Management & Service Fees $180 26% © 4% sais. 4s tat? 2at7-— 3.017 Net Interest $103 61% 8% =, ooo vee mg s
Slide 9: Stifel Bank & Trust
Stifel Bank & Trust Investments $7238 $5,377] 35% | $6753] 7% Mortgage Loans 2518 1804] 40% 2,249 | 12% Commercial Loans 2380 1,558 | 53% 2,064 | 15% Securities Based Loans 1840 1,453] 27% 1756 | 5% Total Loans, net $6783 $4,957 | 37% | $6,160 | 10% ToansHeld for Sale 166 27 | 24% 740 | 19% Total As
Slide 10: Institutional Group
Institutional Group Institutional Group Net Revenue YY Sequential 3@Q17 Change Change Institutional Revenue : Equity 5150 = ‘Advisory $95 13% 17% 3 s100 Underwriting 43 108% «= 5% 3s: 5; 50 £ a Brokerage $45 41% = 11% 3016 ais. 101720173017 {Total Equity Capital Markets Revenue $183 16% 3% MBrokerag
Slide 11: Balance Sheet
Balance Sheet STIFEL
Slide 12: Balance Sheet
Balance Sheet 119% Growth Infrastructure Build 139% Growth * 3Q17 Capital ratios are estimated
Slide 13: GAAP & Non-GAAP Reconciliation
GAAP & Non-GAAP Reconciliation
Slide 14: GAAP to Non-GAAP Reconciliation Three months ended September 30, 2017
GAAP to Non-GAAP Reconciliation Three months ended September 30, 2017
Slide 15: Regulatory, Interest Rate Sensitivity, & Progress Update
Regulatory, Interest Rate Sensitivity, & Progress Update
Slide 16: Executing on Strategic Plans
Executing on Strategic Plans
Slide 17: Q&A
Q&A