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Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 2,615,670 $ 3,361,801
Cash segregated for regulatory purposes 41,290 162,048
Receivables:    
Brokerage clients, net 840,630 841,507
Brokers, dealers, and clearing organizations 425,218 414,144
Securities purchased under agreements to resell 439,539 349,849
Financial instruments owned, at fair value 1,261,216 918,741
Available-for-sale securities, at fair value 1,583,477 [1] 1,551,686
Held-to-maturity securities, at amortized cost [2] 6,059,267 5,888,798
Loans:    
Held for investment, net 19,346,967 19,305,805
Held for sale, at lower of cost or market 472,804 423,999
Investments, at fair value 91,465 91,105
Fixed assets, net 325,733 191,528
Operating lease right-of-use assets, net 821,895 778,216
Goodwill 1,388,411 1,388,243
Intangible assets, net 121,231 133,279
Loans and advances to financial advisors and other employees, net 727,105 683,486
Deferred tax assets, net 145,971 121,522
Other assets 1,101,389 1,121,703
Total assets 37,809,278 37,727,460
Payables:    
Brokerage clients 508,753 734,821
Brokers, dealers, and clearing organizations 192,847 231,736
Drafts 78,713 117,688
Securities sold under agreements to repurchase 594,820 417,644
Bank deposits 27,139,753 27,334,579
Financial instruments sold, but not yet purchased, at fair value 634,311 497,741
Accrued compensation 503,960 585,612
Lease liabilities, net 877,849 825,529
Accounts payable and accrued expenses 703,899 512,050
Senior notes 1,116,166 1,115,629
Debentures to Stifel Financial Capital Trusts 60,000 60,000
Total liabilities 32,411,071 32,433,029
Equity    
Preferred stock - $1 par value; authorized 3,000,000 shares; issued 27,400 shares 685,000 685,000
Common stock - $0.15 par value; authorized 194,000,000 shares; issued 111,662,463 and 111,662,321 shares, respectively 16,749 16,749
Additional paid-in-capital 1,836,561 1,905,097
Retained earnings 3,521,015 3,398,610
Accumulated other comprehensive loss (84,781) (74,326)
Treasury stock, at cost, 9,144,457 and 10,600,793 shares, respectively (576,337) (636,699)
Total equity 5,398,207 5,294,431
Total liabilities and equity $ 37,809,278 $ 37,727,460
[1] Due to the immaterial amount of income recognized on tax-exempt securities, yields were not calculated on a tax-equivalent basis.
[2] Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.