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Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Revenue from contracts with customers $ 585,587 $ 532,144 $ 1,661,442 $ 1,605,149
Principal transactions 97,847 83,152 298,343 269,918
Interest 178,784 169,760 557,795 461,915
Other income 8,747 6,127 34,461 18,557
Total revenues 865,716 786,810 2,539,262 2,343,632
Interest expense 44,144 48,468 146,483 112,200
Net revenues [1] 821,572 738,342 2,392,779 2,231,432
Non-interest expenses:        
Compensation and benefits 486,160 422,324 1,411,135 1,322,387
Occupancy and equipment rental 58,649 54,035 178,566 165,226
Communications and office supplies 36,817 33,330 107,583 103,468
Commissions and floor brokerage 10,542 11,338 32,506 30,798
Other operating expenses 78,650 76,785 226,444 231,122
Total non-interest expenses 670,818 597,812 1,956,234 1,853,001
Income from operations before income tax expense 150,754 140,530 436,545 378,431
Provision for income taxes 40,632 36,672 117,227 98,525
Net income 110,122 103,858 319,318 279,906
Net income applicable to non-controlling interests 708   1,612  
Net income applicable to Stifel Financial Corp. 109,414 103,858 317,706 279,906
Preferred dividends 4,844 2,343 12,476 7,031
Net income available to common shareholders $ 104,570 $ 101,515 $ 305,230 $ 272,875
Earnings per common share:        
Basic $ 1.47 $ 1.41 $ 4.21 $ 3.80
Diluted 1.34 1.25 3.87 3.35
Cash dividends declared per common share $ 0.15 $ 0.12 $ 0.45 $ 0.36
Weighted-average number of common shares outstanding:        
Basic 71,197 71,919 72,512 71,824
Diluted 78,144 81,484 78,826 81,425
Commissions [Member]        
Revenues:        
Revenue from contracts with customers $ 163,920 $ 158,016 $ 484,350 $ 490,693
Investment Banking [Member]        
Revenues:        
Revenue from contracts with customers 198,790 169,012 540,247 506,437
Asset Management and Service Fees [Member]        
Revenues:        
Revenue from contracts with customers $ 217,628 $ 200,743 $ 624,066 $ 596,112
[1] No individual client accounted for more than 10 percent of total net revenues for the three and nine months ended September 30, 2019 or 2018.