Stifel Financial Corp. filed its Form 10-Q for the quarterly period ended June 30, 2026, with the U.S. Securities and Exchange Commission, reporting second-quarter and first-half financial results across its brokerage, banking, and advisory operations.

Key Highlights

  • Q2 2026 net revenues: $1,450,804 thousand, up from $1,284,286 thousand in Q2 2025, according to the filing.
  • Q2 2026 net income: $226,477 thousand, compared to $155,055 thousand in the prior-year quarter.
  • Diluted EPS (Q2 2026): $1.34 per common share, versus $0.89 in Q2 2025.
  • Investment banking revenue: $331,954 thousand for Q2 2026, compared to $233,460 thousand in Q2 2025.
  • Total assets: $44,907,609 thousand as of June 30, 2026, up from $41,270,782 thousand at December 31, 2025.
  • Cash dividends declared per common share: $0.34 for Q2 2026, compared to $0.31 in Q2 2025.
  • Loans held for investment, net: $24,431,513 thousand as of June 30, 2026, versus $21,925,257 thousand at December 31, 2025.

Stifel Financial's Second-Quarter 2026 Revenue and Earnings Detail

Stifel Financial Corp. (New York Stock Exchange: SF), a Delaware corporation headquartered in St. Louis, Missouri, reported total revenues of $1,638,779 thousand for the three months ended June 30, 2026, compared to $1,491,086 thousand for the same period in 2025, according to the filing. After deducting interest expense of $187,975 thousand, net revenues reached $1,450,804 thousand for the quarter. For the six months ended June 30, 2026, total revenues were $3,304,431 thousand and net revenues were $2,928,965 thousand, compared to $2,960,112 thousand and $2,539,755 thousand, respectively, in the first half of 2025.

The filing reported that investment banking revenue for Q2 2026 was $331,954 thousand, up from $233,460 thousand in Q2 2025. Asset management revenue was $456,630 thousand for the quarter, compared to $403,608 thousand in the prior-year period. Compensation and benefits, the largest expense category, totaled $833,018 thousand in Q2 2026 versus $774,936 thousand in Q2 2025. Income from operations before income tax expense was $299,438 thousand for the quarter, and the provision for income taxes was $72,961 thousand, resulting in net income of $226,477 thousand. Net income available to common shareholders was $217,156 thousand after preferred dividends of $9,321 thousand.

On the balance sheet as of June 30, 2026, the filing disclosed total assets of $44,907,609 thousand and total liabilities of $38,894,368 thousand, leaving total equity of $6,013,241 thousand. Bank deposits stood at $32,264,006 thousand, up from $29,752,063 thousand at December 31, 2025. The company also reported Federal Home Loan Bank advances of $450,000 thousand as of June 30, 2026, compared to none at year-end 2025. As of July 30, 2026, the filing stated that 151,001,734 shares of common stock were outstanding.

What Was Disclosed

Stifel Financial Corp. disclosed unaudited consolidated financial statements for the three and six months ended June 30, 2026, covering revenues, expenses, net income, earnings per share, and balance sheet position, as part of its quarterly report on Form 10-Q.