Stifel Reports January 2025 Operating Data
Stifel Financial Corp. (NYSE: SF) has released its January 2025 operating results, showcasing significant growth in key metrics. Client assets under administration reached $510 billion, marking a 14% year-over-year increase, while fee-based assets grew to $197 billion, representing an 18% rise compared to the previous year.
The company's growth was attributed to stronger markets and a robust recruiting pipeline. While client money market and insured products demonstrated a 7% increase year-over-year, the company experienced a 4% decrease in Sweep deposits during January due to expected seasonal decline.
Stifel Financial Corp. (NYSE: SF) ha pubblicato i risultati operativi di gennaio 2025, mostrando una crescita significativa in metriche chiave. Le attività dei clienti sotto amministrazione hanno raggiunto i 510 miliardi di dollari, segnando un aumento del 14% rispetto all'anno precedente, mentre le attività basate su commissioni sono cresciute fino a 197 miliardi di dollari, rappresentando un incremento del 18% rispetto all'anno scorso.
La crescita dell'azienda è stata attribuita a mercati più forti e a un robusto pipeline di reclutamento. Sebbene i prodotti di mercato monetario per i clienti e quelli assicurati abbiano mostrato un aumento del 7% rispetto all'anno precedente, l'azienda ha registrato una diminuzione del 4% nei depositi Sweep durante gennaio a causa di un previsto calo stagionale.
Stifel Financial Corp. (NYSE: SF) ha publicado sus resultados operativos de enero de 2025, mostrando un crecimiento significativo en métricas clave. Los activos de los clientes bajo administración alcanzaron los 510 mil millones de dólares, marcando un aumento del 14% en comparación con el año anterior, mientras que los activos basados en comisiones crecieron a 197 mil millones de dólares, representando un aumento del 18% en comparación con el año pasado.
El crecimiento de la empresa se atribuyó a mercados más fuertes y a un sólido proceso de reclutamiento. Si bien los productos de mercado monetario para clientes y los productos asegurados mostraron un aumento del 7% en comparación con el año anterior, la empresa experimentó una disminución del 4% en los depósitos Sweep durante enero debido a una caída estacional esperada.
Stifel Financial Corp. (NYSE: SF)는 2025년 1월 운영 결과를 발표하며 주요 지표에서 상당한 성장을 보여주었습니다. 관리하에 있는 고객 자산은 5,100억 달러에 도달하여 전년 대비 14% 증가했으며, 수수료 기반 자산은 1,970억 달러로 성장하여 지난해 대비 18% 상승했습니다.
회사의 성장은 강력한 시장과 견고한 채용 파이프라인에 기인했습니다. 고객의 머니 마켓 및 보험 상품은 전년 대비 7% 증가했지만, 1월에는 예상되는 계절적 감소로 인해 Sweep 예금이 4% 감소했습니다.
Stifel Financial Corp. (NYSE: SF) a publié ses résultats opérationnels de janvier 2025, montrant une croissance significative dans des indicateurs clés. Les actifs des clients sous administration ont atteint 510 milliards de dollars, marquant une augmentation de 14 % par rapport à l'année précédente, tandis que les actifs basés sur des frais ont augmenté pour atteindre 197 milliards de dollars, représentant une hausse de 18 % par rapport à l'année précédente.
La croissance de l'entreprise a été attribuée à des marchés plus solides et à un solide pipeline de recrutement. Bien que les produits de marché monétaire et les produits d'assurance pour les clients aient montré une augmentation de 7 % par rapport à l'année précédente, l'entreprise a connu une diminution de 4 % des dépôts Sweep en janvier en raison d'une baisse saisonnière attendue.
Stifel Financial Corp. (NYSE: SF) hat die Betriebsergebnisse für Januar 2025 veröffentlicht und dabei ein signifikantes Wachstum in wichtigen Kennzahlen gezeigt. Die verwalteten Kundenvermögen erreichten 510 Milliarden Dollar, was einem Anstieg von 14% im Vergleich zum Vorjahr entspricht, während gebührenbasierte Vermögenswerte auf 197 Milliarden Dollar wuchsen, was einem Anstieg von 18% im Vergleich zum Vorjahr entspricht.
Das Wachstum des Unternehmens wurde auf stärkere Märkte und eine robuste Rekrutierungspipeline zurückgeführt. Während die Kunden-Money-Market- und Versicherungsprodukte einen Anstieg von 7% im Jahresvergleich zeigten, erlebte das Unternehmen im Januar einen Rückgang der Sweep-Einlagen um 4% aufgrund des erwarteten saisonalen Rückgangs.
- Client assets under administration up 14% YoY to $510 billion
- Fee-based assets increased 18% YoY to $197 billion
- Client money market and insured products rose 7% YoY
- Strong recruiting pipeline reported
- 4% decrease in Sweep deposits during January
Insights
Stifel Financial's January 2025 operating data reveals robust asset growth across key metrics, with client assets under administration reaching
The outpaced growth in fee-based assets is particularly significant as it indicates Stifel is successfully shifting more client assets toward recurring revenue streams, which typically provide greater stability and predictability compared to transaction-based business models. This transition aligns with broader industry trends as financial services firms seek to reduce revenue volatility.
While client money market and insured products increased
The company's mention of a "solid recruiting pipeline" is noteworthy in an industry where advisor acquisition drives growth. Financial advisors typically bring their client relationships when changing firms, making recruitment a key asset-gathering strategy.
Stifel's practice of releasing monthly operating metrics demonstrates transparency and provides investors with more frequent performance insights than quarterly reporting alone, though as management cautions, these figures shouldn't be directly correlated to upcoming earnings results.
ST. LOUIS, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for January 31, 2025 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed.
Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In January, client assets under administration reached
| Selected Operating Data (Unaudited) | ||||||||||||||||
| As of | % Change | |||||||||||||||
| (millions) | 1/31/2025 | 1/31/2024 | 12/31/2024 | 1/31/2024 | 12/31/2024 | |||||||||||
| Total client assets | $ | 509,671 | $ | 446,724 | $ | 501,402 | 14 | % | 2 | % | ||||||
| Fee-based client assets | $ | 197,298 | $ | 166,682 | $ | 192,705 | 18 | % | 2 | % | ||||||
| Private Client Group fee-based client assets | $ | 172,468 | $ | 146,729 | $ | 168,206 | 18 | % | 3 | % | ||||||
| Bank loans, net (includes loans held for sale) | $ | 21,118 | $ | 19,525 | $ | 21,311 | 8 | % | (1 | )% | ||||||
| Client money market and insured product (1) | $ | 27,936 | $ | 26,144 | $ | 29,029 | 7 | % | (4 | )% | ||||||
(1) Includes Smart Rate deposits, Sweep deposits, Third-party Bank Sweep Program, and Other Sweep cash.
Company Information
Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit www.stifel.com/investor-relations/press-releases.
Media Contact: Neil Shapiro (212) 271-3447 | Investor Contact: Joel Jeffrey (212) 271-3610 | www.stifel.com/investor-relations
FAQ
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