Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 420

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 420
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 of orders; processing of securities transactions; custody of client securities; receipt, identification, and delivery of funds and securities; compliance with regulatory and legal requirements; internal financial accounting and controls; and general administration and acquisition charges.

38

Results of Operations – Global Wealth Management

The following table presents consolidated financial information for the Global Wealth Management segment for the periods indicated (in thousands, except percentages):

    For the Year Ended December 31,

    PercentageChange

    As a Percentage ofNet Revenuesfor the Year EndedDecember 31,

    2024

    2023

    2022

    2024 vs. 2023

    2023 vs. 2022

    2024

    2023

    2022

    Revenues:

    Commissions
     
    $
    508,717

    $
    444,949

    $
    473,638

    14.3
    %

    (6.1
    )%

    15.5
    %

    14.6
    %

    16.8
    %

    Principal transactions

    243,635

    209,282

    195,274

    16.4

    7.2

    7.4

    6.9

    6.9

    Transactional revenues

    752,352

    654,231

    668,912

    15.0

    (2.2
    )

    22.9

    21.5

    23.7

    Asset management

    1,536,296

    1,299,361

    1,262,841

    18.2

    2.9

    46.8

    42.6

    44.7

    Interest

    1,910,502

    1,861,873

    1,062,710

    2.6

    75.2

    58.2

    61.0

    37.6

    Investment banking

    21,475

    16,680

    19,515

    28.7

    (14.5
    )

    0.7

    0.5

    0.7

    Other income