NYSE$SF
Stifel Financial Corporation · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Stifel reported a stable revenue and a decrease in net income, with Global Wealth Management achieving record results.
Stifel Financial Corp. reported net revenues of $1.1 billion for Q1 2023, consistent with the previous year. Net income available to common shareholders was $148.2 million, a decrease from $164.2 million in Q1 2022. The company highlighted strong performance in Global Wealth Management and a stable balance sheet.
- Net revenues remained stable at $1.1 billion, driven by higher net interest income.
- Non-GAAP net income available to common shareholders was $1.40 per diluted share.
- Net interest income increased by $140.6 million, representing a 90% increase year-over-year.
- Global Wealth Management achieved record results.
Headline financials
Revenue & EPS history
Stifel · Revenue · Quarterly
$1.26B
Revenue by segment
Stifel · $1.09B total across 2 segments · Q1 2023
- Global Wealth Mgmt$757M—69.5%
- Institutional Group$333M—30.5%
Forward guidance
Although the market outlook remains uncertain, Stifel is confident that the diversity of its business model and conservative approach will enable it to continue to generate strong results in ever-changing market conditions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+0.1%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+3.8%
Avg return
30 days after
54%
37 / 68 earnings
Positive
+9.4%
Q1 2016
Best reaction
-11.8%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -6.0% | -5.5% | -11.8% | |
| Q4 2025 | +0.0% | -1.7% | -12.1% | |
| Q3 2025 | +3.8% | +5.9% | +4.1% | |
| Q1 2025 | -3.9% | -0.1% | +8.2% | |
| Q4 2024 | +2.1% | -2.0% | -7.8% | |
| Q3 2024 | +3.7% | +4.6% | +15.6% | |
| Q2 2024 | +5.2% | +5.6% | +6.3% | |
| Q1 2024 | +0.8% | +3.7% | +4.1% | |
| Q4 2023 | +4.8% | +5.4% | +8.3% | |
| Q3 2023 | -4.5% | -2.7% | +6.3% | |
| Q2 2023 | -3.6% | -1.9% | -1.6% | |
| Q1 2023 | +1.9% | +1.0% | -2.2% | |
| Q4 2022 | +5.3% | +5.1% | +6.0% | |
| Q3 2022 | +7.4% | +13.5% | +18.8% | |
| Q2 2022 | -0.8% | -0.1% | +3.7% | |
| Q1 2022 | +4.3% | +0.6% | +2.0% | |
| Q4 2021 | +8.3% | +12.2% | +11.6% | |
| Q3 2021 | -4.6% | -3.7% | -5.7% | |
| Q2 2021 | +3.6% | +1.5% | +8.9% | |
| Q1 2021 | +0.2% | -0.9% | -1.0% | |
| Q4 2020 | +1.5% | +1.9% | +17.2% | |
| Q3 2020 | -4.2% | -5.0% | +17.9% | |
| Q2 2020 | +4.2% | +4.9% | +10.7% | |
| Q1 2020 | -11.8% | -13.2% | -0.3% | |
| Q4 2019 | +3.2% | +6.6% | -13.2% | |
| Q3 2019 | -4.0% | +2.5% | +7.2% | |
| Q2 2019 | -1.0% | -6.9% | -11.1% | |
| Q1 2019 | -1.0% | +1.1% | -6.9% | |
| Q4 2018 | +6.8% | +8.1% | +15.8% | |
| Q3 2018 | +6.1% | +10.7% | +12.2% | |
| Q2 2018 | +4.2% | +4.5% | +6.4% | |
| Q1 2018 | +0.4% | -1.8% | +1.9% | |
| Q4 2017 | +3.2% | -0.8% | -3.4% | |
| Q3 2017 | +2.0% | +2.3% | +6.8% | |
| Q2 2017 | +1.4% | -0.7% | -6.0% | |
| Q1 2017 | -1.0% | -1.7% | -12.8% | |
| Q4 2016 | +4.8% | +7.7% | +9.1% | |
| Q3 2016 | -4.7% | -3.0% | +25.8% | |
| Q2 2016 | +4.2% | +6.1% | +10.2% | |
| Q1 2016 | +9.4% | — | — | |
| Q4 2015 | -7.8% | — | — | |
| Q3 2015 | -6.0% | — | — | |
| Q2 2015 | -2.4% | — | — | |
| Q1 2015 | -1.5% | — | — | |
| Q4 2014 | +6.9% | — | — | |
| Q3 2014 | -2.0% | — | — | |
| Q2 2014 | -1.0% | — | — | |
| Q1 2014 | +0.4% | — | — | |
| Q4 2013 | -1.1% | — | — | |
| Q3 2013 | +2.6% | — | — | |
| Q2 2013 | +3.2% | — | — | |
| Q1 2013 | -3.4% | — | — | |
| Q4 2012 | -7.4% | — | — | |
| Q3 2012 | +1.8% | — | — | |
| Q2 2012 | +1.0% | — | — | |
| Q1 2012 | -6.4% | — | — | |
| Q4 2011 | -2.5% | — | — | |
| Q3 2011 | -6.5% | — | — | |
| Q2 2011 | +1.6% | — | — | |
| Q1 2010 | -3.2% | — | — | |
| Q1 2011 | +0.1% | — | — | |
| Q4 2008 | -2.1% | — | — | |
| Q4 2010 | -2.1% | — | — | |
| Q3 2009 | +1.6% | — | — | |
| Q3 2010 | +1.6% | — | — | |
| Q2 2010 | -3.3% | — | — | |
| Q2 2009 | -3.3% | — | — | |
| Q4 2009 | -3.3% | — | — |
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