NYSE$SF
Stifel Financial Corporation · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported net revenues and earnings per share that were the third highest in the company's history. Institutional Group had a record quarter led by record fixed income brokerage revenue and strong investment banking results.
Stifel Financial Corp. reported net income available to common shareholders of $103.0 million, or $1.39 per diluted common share on net revenues of $895.8 million for the three months ended June 30, 2020. The company's Institutional Group had a record quarter and strong investment banking results.
- Net revenues of $895.8 million, increased 11.9% with the year-ago quarter, were the Company’s third highest quarterly net revenues.
- Record Institutional Group net revenues and fixed income brokerage revenues.
- Net income available to common shareholders of $103.0 million, or $1.39 per diluted common share.
- Non-GAAP net income available to common shareholders of $115.3 million, or $1.55 per diluted common share.
Headline financials
Revenue & EPS history
Stifel · Revenue · Quarterly
$909M
Revenue by segment
Stifel · $904M total across 2 segments · Q2 2020
- Global Wealth Mgmt$506M—56.0%
- Institutional Group$398M—44.0%
Forward guidance
The company enters the third quarter with a strong and liquid balance sheet and solid recruiting pipeline, remaining cautiously optimistic about the future.
Tailwinds
- Strong and liquid balance sheet
- Strongest capital ratios in nearly four years
- Solid and improving recruiting pipeline
Headwinds
- Economic outlook for the second half of the year remains unclear
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 Q2 2020
+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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