- Stifel Financial press release (NYSE:SF): Q1 Non-GAAP EPS of $1.49 beats by $0.06.
- Revenue of $1.2B beats by $60M.
- The Company reported net revenues of $1.2 billion, the second best quarter in its history, driven by higher asset management revenues, transactional revenues, and capital raising revenues.
- Record asset management revenues, up 16% over the year-ago quarter.
- Capital raising revenues increased 56% over the year-ago quarter.
- Record client assets of $467.7 billion, up 15% over the year-ago quarter.
- Recruited 22 financial advisors during the quarter, including 4 experienced employee advisors and 11 experienced independent advisors.
