Stifel Financial Corporation · NYSE:SF

Stifel Financial — Q4 2007 Earnings Presentation

18 slides from Stifel Financial's earnings presentation, Feb 12, 2008

  1. Slide 1: 2007 Fiscal Year 4th Quarter Earnings Conference Call

    STIFEL FINANCIAL CORP. 2007 Fiscal Year -- 4th Quarter Earnings Conference Call February 12, 2008

  2. Slide 2: Forward Statements

    Forward Statements This presentation may contain "forward-looking statements" that involve risks and uncertainties, including statements relating to the market opportunity and future business prospects of Stifel Financial Corp. and Stifel Nicolaus ("SF" or the "Company"). Actual results may differ m

  3. Slide 3: Annual Highlights

    Annual Highlights Record net revenue of $763.1 million, a 69% increase for 2007 as compared to 2006, making 2007 the twelfth consecutive year of record net revenues. Record GAAP net income of $32.2 million, or $1.88 per diluted share, a 108% increase for 2007 as compared to 2006. Book value per comm

  4. Slide 4: 4th Quarter Highlights

    4th Quarter Highlights Record net revenue of $212.2 million a 63% increase over the prior year fourth quarter and 16% from the third quarter. Record GAAP net income of $13.8 million, or $0.77 per diluted share, a 91% increase over the prior year fourth quarter and 72% from the third quarter. Record

  5. Slide 5: Stifel Income Statements Core Revenues

    Stifel Income Statements Core Revenues

  6. Slide 6: Stifel Income Statements

    Stifel Income Statements ___GuartersEnded | % Change —__YTD____|%Change (3 in thousands) 12/31/07 09/3/07 12/31/06 09/30/07 _ 12/31/06 123107 12/31/06 ‘Net Revenues $ 129,794 16% 63% | $ 763,369 $ 451,961 5% Compensation and Benefits 11% 5% 493,908 280,943 10% Non-Comp Operating Exp enses 15% 18% 15

  7. Slide 7: Segment Comparison Excluding Acquisitions

    Segment Comparison Excluding Acquisitions

  8. Slide 8: Private Client Group Income Statements

    Private Client Group Income Statements

  9. Slide 9: Equity Capital Markets Income Statements

    Equity Capital Markets Income Statements

  10. Slide 10: Fixed Income Capital Markets Income Statements

    Fixed Income Capital Markets Income Statements

  11. Slide 11: Reconciliation of GAAP to Core Earnings

    Reconciliation of GAAP to Core Earnings

  12. Slide 12: GAAP to Core Earnings

    GAAP to Core Earnings @ in thouscmds) Revenues Net Revenues Non-Interest Expenses Compensation and benefits Operating Expenses Total non-inter est expenses Income/(loss) before income taxes Provision (benefit) for income taxes Net Income/(Loss) Earnings per Share: Diluted Quarter Ended 12/31/07 ‘Yea

  13. Slide 13: Annual Income Statement Impact

    Annual Income Statement Impact

  14. Slide 14: Quarterly Income Statement Impact

    Quarterly Income Statement Impact

  15. Slide 15: Stifel Financial Balance Sheet Graphs

    Stifel Financial Balance Sheet Graphs

  16. Slide 16: Capital Structure

    Capital Structure (8 in thousands) Total Assets $1,489,534 Stockholders’ Equity $424,637 Debentures to: Stifel Financial Capital Trust II - LIBOR plus 1.70% (fixed at 6.38% until 9/30/10), duc 9/30/35 $35,000 Stifel Financial Capital Trust III - LIBOR plus 1.85% (fixed at 6.79% until 6/6/12), due 6/

  17. Slide 17: Other Financial Data

    Other Financial Data vs vs Q3 2007 4 2006 Total Assets (000's) $ 1,489,534 $ 1,517,826 $ 1,084,774 -2% 37% Stockholders Equity (000's) $ 424,637 $ 406,646 $ 220,265 4% 93% Book value Per Share $ 27.54 $ 27.12 $ 18.53 2% 49% Financial Advisors 966 959 556 1% 74% Full Time Employees 2,834 2,721 1,801

  18. Slide 18: Questions and Answers

    Questions and Answers

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