Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 676

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 676
---
 in operating liabilities, net of liabilities assumed:

    Payables:

    Brokerage clients

    (266,048
    )

    (35,515
    )

    (201,588
    )

    Brokers, dealers, and clearing organizations

    (59,721
    )

    43,060

    (81,661
    )

    Drafts

    9,082

    15,476

    (20,405
    )

    Financial instruments sold, but not yet purchased

    114,323

    12,582

    (301,333
    )

    Other liabilities and accrued expenses

    268,240

    (14,139
    )

    (176,721
    )

    Net cash provided by operating activities
     
    $
    490,437

    $
    499,328

    $
    1,157,415

See accompanying Notes to Consolidated Financial Statements.

74

STIFEL FINANCIAL CORP.

Consolidated Statements of Cash Flows (continued)

    Year Ended December 31,

    (in thousands)
     
    2024

    2023

    2022

    Cash Flows From Investing Activities:

    Proceeds from:

    Principal paydowns, calls, maturities, and sales of available-for-sale securities
     
    $
    273,800

    $
    138,216

    $
    330,049

    Calls and principal paydowns of held-to-maturity securities

    2,190,885

    101,240

    114,741

    Sale or maturity of investments

    4,438

    15,694

    20,753

    Sale of leased aircraft engines

    69,916

    —

    —

    Decrease/(increase) in loans held for investment, net

    (1,617,763
    )

    1,002,320

    (3,822,654
    )

    Payments for:

    Purchase of available-for-sale securities

    (309,329
    )

    (19,635
    )

    (103,339
    )

    Purchase of held-to-maturity securities

    (2,827,324
    )

    —

    (754,306
    )

    Purchase of investments

    (12,532
    )

    (29,