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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 1,857,669 $ 2,648,308
Cash segregated for regulatory purposes 68,394 29,895
Receivables:    
Brokerage clients, net 916,496 897,363
Brokers, dealers, and clearing organizations 637,057 486,465
Securities purchased under agreements to resell 637,530 528,976
Financial instruments owned, at fair value 1,343,513 1,169,008
Available-for-sale securities, at fair value 1,546,392 1,584,598
Held-to-maturity securities, at amortized cost [1] 6,584,925 6,524,954
Loans:    
Held for investment, net 20,647,094 20,731,796
Held for sale, at lower of cost or market 800,766 578,980
Investments, at fair value 78,572 75,358
Fixed assets, net 197,053 193,156
Operating lease right-of-use assets, net 814,952 809,174
Goodwill 1,478,887 1,395,218
Intangible assets, net 115,455 113,574
Loans and advances to financial advisors and other employees, net 746,007 682,196
Deferred tax assets, net 185,167 152,378
Other assets 1,203,724 1,294,143
Total assets 39,859,653 39,895,540
Payables:    
Brokerage clients 579,161 468,773
Brokers, dealers, and clearing organizations 447,632 215,249
Drafts 106,723 126,770
Securities sold under agreements to repurchase 719,432 580,170
Bank deposits 28,673,063 29,102,227
Financial instruments sold, but not yet purchased, at fair value 819,555 646,271
Accrued compensation 561,252 790,194
Lease liabilities, net 876,872 867,426
Accounts payable and accrued expenses 801,948 735,072
Senior notes 617,030 616,618
Debentures to Stifel Financial Capital Trusts 60,000 60,000
Total liabilities 34,262,668 34,208,770
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 111,662,688 and 111,662,571 shares, respectively 16,749 16,749
Additional paid-in-capital 1,837,783 1,895,568
Retained earnings 3,813,207 3,794,609
Accumulated other comprehensive loss (34,200) (75,638)
Treasury stock, at cost, 9,472,822 and 9,491,204 shares, respectively (721,554) (629,518)
Total equity 5,596,985 5,686,770
Total liabilities and equity $ 39,859,653 $ 39,895,540
[1] 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.