SF financial statements

The full income statement, balance sheet, and cash-flow statement for Stifel Financial Corporation (SF), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 165.4M2024-09 166.5M2024-12 168.8M2025-03 166.0M2025-06 163.3M2025-09 165.1M2025-12 165.7M2026-03 163.4M2026-06 161.6M-2.3% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	6.35B YoY+6.7%	5.95B YoY+15.4%	5.16B YoY+12.3%	4.59B YoY-4.0%	4.78B YoY+25.3%
Lease income	—	—	—	—	4.90M
Amortization of intangibles	34.1M YoY+44.5%	23.6M YoY+12.6%	20.9M YoY+6.8%	19.6M YoY+7.7%	18.2M YoY-7.3%
Noninterest expense	4.66B YoY+15.3%	4.04B YoY+11.0%	3.64B YoY+3.9%	3.51B YoY-4.5%	3.67B YoY+18.4%
Provision for credit losses	—	25.4M YoY+1.6%	25.0M YoY-25.4%	33.5M YoY+391.3%	-11.5M YoY-133.9%
Operating income	—	928M YoY+31.4%	707M YoY-20.2%	885M	—
Interest expense	818M YoY-16.7%	981M YoY+21.1%	810M YoY+302.4%	201M YoY+337.8%	46.0M YoY-30.1%
Interest & investment income	1.90B YoY-5.6%	2.02B YoY+3.1%	1.96B YoY+77.9%	1.10B YoY+100.4%	548M YoY+4.7%
Pre-tax income	871M YoY-6.2%	928M YoY+31.4%	707M YoY-20.2%	885M YoY-17.1%	1.07B YoY+63.9%
Income tax	187M YoY-4.9%	197M YoY+7.0%	184M YoY-17.4%	223M YoY-8.0%	242M YoY+64.0%
	684M YoY-6.5%	731M YoY+40.0%	523M YoY-21.1%	662M YoY-19.7%	825M YoY+63.8%
Net income to common	646M YoY-6.9%	694M YoY+43.0%	485M YoY-22.3%	625M YoY-20.8%	789M YoY+65.7%
	$3.91 YoY-6.1%	$4.17 YoY+46.0%	$2.85 YoY-19.5%	$3.55 YoY-20.1%	$4.44 YoY+60.1%
EPS (basic)	$4.17 YoY-6.3%	$4.45 YoY+46.6%	$3.03 YoY-20.7%	$3.83 YoY-21.8%	$4.89 YoY+63.5%
	155M YoY-0.5%	156M YoY-2.4%	160M YoY-2.0%	163M YoY+1.2%	161M YoY+1.3%
	165M YoY-0.8%	166M YoY-2.2%	170M YoY-3.5%	176M YoY-0.8%	178M YoY+3.5%
Dividends per share	$1.23 YoY+9.5%	$1.12 YoY+16.7%	$0.96 YoY+20.0%	$0.80 YoY+100.0%	$0.40 YoY+33.3%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash & equivalents	2.25B YoY-14.9%	2.65B YoY-21.2%	3.36B YoY+52.8%	2.20B YoY+12.1%	1.96B YoY-13.9%
	41.3B YoY+3.4%	39.9B YoY+5.7%	37.7B YoY+1.4%	37.2B YoY+9.2%	34.0B YoY+28.0%
Property, plant & equipment	197M YoY+2.1%	193M YoY+0.9%	192M YoY-4.3%	200M YoY+18.9%	168M YoY+0.2%
Operating lease right-of-use	788M YoY-2.6%	809M YoY+4.0%	778M YoY+0.3%	776M YoY+3.4%	751M YoY-5.4%
Goodwill	1.46B YoY+4.9%	1.40B YoY+0.5%	1.39B YoY+4.7%	1.33B YoY+1.5%	1.31B YoY+10.6%
Intangible assets	108M YoY-4.9%	114M YoY-14.8%	133M YoY+2.1%	131M YoY-11.9%	148M YoY+5.1%
Deferred tax assets	151M YoY-0.8%	152M YoY+25.4%	122M YoY-23.7%	159M YoY+43.1%	111M YoY-18.5%
	35.3B YoY+3.2%	34.2B YoY+5.5%	32.4B YoY+1.8%	31.9B YoY+9.8%	29.0B YoY+29.7%
Long-term debt	617M YoY+0.1%	617M YoY-44.7%	1.12B YoY+0.1%	1.11B YoY+0.1%	1.11B YoY+0.1%
Operating lease liability (total)	856M YoY-1.3%	867M YoY+5.1%	826M YoY+0.7%	820M YoY+2.6%	799M YoY-4.8%
	5.98B YoY+5.1%	5.69B YoY+7.4%	5.29B YoY-0.6%	5.33B YoY+5.8%	5.03B YoY+18.8%
Preferred stock	685M YoY+0.0%	685M YoY+0.0%	685M YoY+0.0%	685M YoY+0.0%	685M YoY+28.0%
Common stock	25.1M YoY+50.0%	16.7M YoY+0.0%	16.7M YoY+0.0%	16.7M YoY+0.0%	16.7M YoY+0.0%
Additional paid-in capital	1.91B YoY+0.7%	1.90B YoY-0.5%	1.91B YoY-1.2%	1.93B YoY+0.3%	1.92B YoY+1.8%
Treasury stock	786M YoY+24.9%	630M YoY-1.1%	637M YoY+80.6%	352M YoY+0.4%	351M YoY+14.1%
Accumulated other comprehensive income	-17.8M YoY+76.5%	-75.6M YoY-1.8%	-74.3M YoY+37.0%	-118M YoY-2600.2%	4.72M YoY-82.9%
Total equity incl. non-controlling	5.98B YoY+5.1%	5.69B YoY+7.4%	5.29B YoY-0.6%	5.33B YoY+5.8%	5.03B YoY+18.8%
Total liabilities & equity	41.3B YoY+3.4%	39.9B YoY+5.7%	37.7B YoY+1.4%	37.2B YoY+9.2%	34.0B YoY+28.0%
	167M YoY+0.0%	167M YoY+0.0%	167M YoY+0.0%	167M YoY+0.0%	167M YoY+0.0%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.12B YoY+127.8%	490M YoY-1.8%	499M YoY-56.9%	1.16B YoY+32.7%	872M YoY-47.5%
Depreciation & amortization	61.1M YoY-2.1%	62.4M YoY+3.1%	60.5M YoY+19.6%	50.6M YoY+11.1%	45.6M YoY+11.5%
Intangible amortization	34.1M YoY+44.5%	23.6M YoY+12.6%	20.9M YoY+6.8%	19.6M YoY+7.7%	18.2M YoY-7.3%
Deferred income taxes	-21.1M YoY+31.1%	-30.6M YoY-291.9%	16.0M YoY+25.8%	12.7M YoY-60.5%	32.1M YoY+182.2%
	-1.61B YoY+30.1%	-2.31B YoY-321.1%	1.04B YoY+124.2%	-4.32B YoY+37.9%	-6.97B YoY-312.3%
Capital expenditure	62.1M YoY-15.9%	73.8M YoY+42.0%	52.0M YoY-36.9%	82.3M YoY-56.3%	188M YoY+156.5%
Free cash flow	1.05B YoY+153.2%	417M YoY-6.9%	447M YoY-58.4%	1.08B YoY+57.2%	684M YoY-56.9%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Sales/maturities of investments	376M YoY+37.4%	274M YoY+98.1%	138M YoY-58.1%	330M YoY-41.3%	562M YoY-37.3%
	91.2M YoY-90.7%	980M YoY+485.0%	-255M YoY-108.0%	3.19B YoY-44.9%	5.79B YoY+383.3%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00 YoY-100.0%
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	245M YoY+70.0%	144M YoY-67.5%	444M YoY+319.4%	106M YoY-38.7%	173M YoY+196.5%
Other financing activities	—	—	0.00	0.00 YoY-100.0%	141M YoY+303.4%
Net change in cash	-395M YoY+53.2%	-846M YoY-165.3%	1.29B YoY+1531.9%	79.3M YoY+126.2%	-303M YoY-125.7%
Interest paid	834M YoY-16.3%	996M YoY+21.1%	822M YoY+272.1%	221M YoY+253.3%	62.5M YoY-26.3%
Income taxes paid	200M YoY-14.0%	233M YoY+26.7%	184M YoY-15.3%	217M YoY-24.9%	289M YoY+80.6%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	13.8B YoY+15.9%	11.9B YoY+52.5%	7.83B YoY+14.4%	6.84B YoY-18.4%	8.38B YoY+42.2%
P/E	20.2× YoY+23.9%	16.3× YoY+11.9%	14.6× YoY+59.2%	9.2× YoY-9.9%	10.2× YoY-13.2%
P/S	2.2× YoY+8.6%	2.0× YoY+28.3%	1.6× YoY+6.7%	1.5× YoY-16.4%	1.8× YoY+13.5%
P/B	2.3× YoY+10.2%	2.1× YoY+40.6%	1.5× YoY+14.1%	1.3× YoY-21.4%	1.7× YoY+19.7%
P/FCF	13.1× YoY-54.2%	28.7× YoY+268.0%	7.8× YoY-38.4%	12.6× YoY+3.1%	12.3× YoY+230.3%
	4.9% YoY-19.3%	6.1% YoY-10.6%	6.9% YoY-37.2%	10.9% YoY+11.0%	9.8% YoY+15.2%
	7.6% YoY+118.5%	3.5% YoY-72.8%	12.8% YoY+62.4%	7.9% YoY-3.0%	8.2% YoY-69.7%
	1.5% YoY-7.2%	1.6% YoY-23.9%	2.1% YoY+1.3%	2.1% YoY+141.3%	0.85% YoY-4.5%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: SF's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SF filings on SEC EDGAR → Not investment advice.