Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 517

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 3
Chunk 517
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, Liabilities, and Shareholders’ Equity; Interest Rates and Interest Differential

The following tables present average balance data and operating interest revenue and expense data for Stifel Bancorp, as well as related interest yields for the periods indicated (in thousands, except rates): 

    For the Year Ended

    December 31, 2024

    December 31, 2023

    AverageBalance

    InterestIncome/Expense

    AverageInterestRate

    AverageBalance

    InterestIncome/Expense

    AverageInterestRate

    Assets:

    Interest-bearing cash and federal funds sold
     
    $
    2,045,304

    $
    112,835

    5.52
    %
     
    $
    1,358,817

    $
    74,486

    5.48
    %

    U.S. government agencies

    2,390

    50

    2.11

    2,359

    49

    2.10

    State and municipal securities (tax-exempt) (1)

    2,350

    71

    3.00

    2,350

    71

    3.00

    Mortgage-backed securities

    993,619

    26,368

    2.65

    963,414

    21,355

    2.22

    Corporate fixed income securities

    564,101

    15,469

    2.74

    624,079

    17,060

    2.73

    Asset-backed securities

    6,210,508

    442,176

    7.12

    6,143,333

    428,664

    6.98

    Federal Home Loan Bank and other capital stock

    65,553

    3,454

    5.27

    62,517

    2,602

    4.16

    Loans (2)

    Securities-based loans

    2,292,176

    162,161

    7.07

    2,440,912

    170,699

    6.99

    Commercial and industrial

    3,734,097

    323,531

    8.66