- Stifel Financial‘s adjusted EPS for the third quarter is $1.50, missing the estimate of $1.59.
- The company reported adjusted net revenue of $1.23 billion, surpassing the estimate of $1.2 billion.
- Total commissions revenue came in at $183.4 million, beating the estimated $181 million.
- Transaction revenue was reported at $137.1 million, exceeding the expected $135.7 million.
- Investment banking revenue stood at $243.2 million, higher than the forecasted $234.4 million.
- Asset management revenue was slightly below expectation at $382.6 million, with the estimate being $385.1 million.
- Net interest income for the quarter is $240.8 million.
- The adjusted pretax margin is reported at 19.2%.
- Analyst recommendations include 2 buys, 6 holds, and 1 sell.
A look at Stifel Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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 using Smartkarma Smart Scores see Stifel Financial‘s long-term outlook as promising. The company has received strong scores in Momentum, indicating positive trends that may continue. Additionally, its Resilience score suggests a solid ability to weather market fluctuations. With average scores in Value, Dividend, and Growth, Stifel Financial is positioned steadily for future growth.
Stifel Financial Corp., a financial services holding company, caters to clients across the U.S. and Europe through its various subsidiaries. Specializing in wealth management, investment banking, research, and other financial services, the company is well-established in the industry and positioned to benefit from its diverse offerings.
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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