Overview

* Stifel Q2 revenue rises 5% yr/yr, beating analyst expectations, per LSEG data

* Non-GAAP net income for Q2 beats analyst estimates, reflecting strong performance

* Co repurchased $83 mln of common stock during the quarter

Outlook

* Company confident about second half of 2025 and beyond

Result Drivers

* TRANSACTIONAL REVENUES - Increased 11% over the year-ago quarter, contributing to overall revenue growth

* ASSET MANAGEMENT - Revenues rose 6% yr/yr, driven by higher asset values and net new asset growth

* FINANCIAL ADVISORS - Added 82 advisors, marking the strongest recruiting quarter in a decade

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $1.28 $1.24

Revenue bln bln (5

Analysts

)

Q2 $1.71

Adjusted

EPS

Q2 EPS $1.34

Q2 Beat $185.60 $176.10

Adjusted mln mln (4

Net Analysts

Income )

Q2 Net $145.73

Income mln

Q2 ROCE 15.2%

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the investment banking & brokerage services peer group is "buy."

* Wall Street's median 12-month price target for Stifel Financial Corp ( SF ) is $117.50, about 6.3% above its July 29 closing price of $110.09

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)