Stifel Financial (NYSE: SF) reported record net revenue of $5.53 billion for the year ending 2025, marking an 11% increase from the previous year and the first time surpassing $5 billion in its 135-year history. The firm’s net income reached approximately $646.5 million, with earnings per share (EPS) at $5.87, albeit affected by a $180 million legal expense from a FINRA case. Operationally, Stifel’s adjusted EPS was reported at $7.92 and the return on tangible common equity stood strong at 31.1%.
In addition to financial milestones, Stifel increased its quarterly dividend by 11% to 51 cents per share—its ninth consecutive annual raise—and executed a 3-for-2 stock split. The wealth-management arm managed client assets of $552 billion at the end of 2025, increasing 10% year-over-year, while the investment banking segment’s revenue surged by 26% to $1.2 billion.
Despite its growth, Stifel faces market risks tied to economic fluctuations and increased competition from larger financial firms. Analysts maintain a Moderate Buy rating on the stock, with an average 12-month price target around $90, noting a steady growth outlook rather than rapid valuation increases.
