- Stifel Financial reported an adjusted EPS of $0.49, which missed the estimate of $1.64.
- Adjusted net revenue for the 1Q was $1.26 billion, just shy of the $1.27 billion estimate.
- Total commissions revenue came in at $193.7 million, lower than the expected $201.4 million.
- Transaction revenue was reported at $141.7 million, below the $151.4 million forecast.
- Investment banking revenue exceeded expectations at $237.9 million, compared to an estimate of $231.2 million.
- Asset management revenue reached $409.5 million, surpassing the $407.8 million estimate.
- Net interest income for the quarter was $245.5 million.
- The adjusted pretax margin was recorded at 6.1%.
- Company officials noted that investments and a focus on valued advice contributed to growth in Global Wealth Management and the Institutional Group, despite market volatility and significant legal charges.
- Analyst ratings for Stifel Financial include 2 buys and 7 holds, with no sell recommendations reported.
A look at Stifel Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have provided an insightful overview of Stifel Financial Corp.’s long-term outlook using their Smart Scores. Stifel Financial, a financial services holding company, has received a moderate score of 3 across the board for Value, Dividend, Growth, and Momentum. The company has demonstrated resilience with a strong score of 4. This indicates a balanced performance across key factors that investors consider when evaluating the company’s prospects.
Stifel Financial Corp. operates as a financial services holding company, offering a range of services to individual and institutional clients in the U.S. and Europe. Its broker-dealer affiliates cover wealth management, investment banking, independent research, trading, investment advisory, and other financial services. With a mix of scores pointing towards a stable outlook, Stifel Financial seems positioned to navigate the market effectively in the long term, catering to the needs of its diverse client base.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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