Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 615

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 3
Chunk 615
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 we sold in a registered underwritten public offering, $400.0 million in aggregate principal amount of 4.00% senior notes due May 2030. Interest on these senior notes is payable semi-annually in arrears. We may redeem the notes in whole or in part, at our option, at a redemption price equal to the greater of a) 100% of their principal amount, or b) discounted present value at Treasury rate plus 50 basis points prior to February 15, 2030, and on or after February 15, 2030, at 100% of their principal amount, and accrued and unpaid interest, if any, to the date of redemption.(3)In October 2017, we completed the pricing of a registered underwritten public offering of $200.0 million in aggregate principal amount of 5.20% senior notes due October 2047. Interest on the senior notes is payable quarterly in arrears. We may redeem some or all of the senior notes at any time at a redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued interest thereon to the redemption date. On October 27, 2017, we completed the sale of an additional $25.0 million aggregate principal amount of Notes pursuant to the over-allotment option.Our senior notes mature as follows, based upon contractual terms (in thousands): 

        2025
         
        $
        —

        2026

        —

        2027

        —

        2028

        —

        2029

        —

        Thereafter

        625,000

        $
        625,000

105

NOTE 13 – Bank DepositsDeposits consist of interest-bearing-demand deposits (primarily money market and savings accounts), non-interest-bearing demand deposits, and certificates of deposit. Deposits at December 31, 2024 and 2023, were as follows (in thousands): 

        December 31,

        2024

        2023

        Demand deposits (interest-bearing)
         
        $
        28,580,415

        $
        27,111,072

        Demand deposits (non-interest-bearing)

        318,229

        223,505

        Certificates of deposit

        203,583

        2

        $
        29,102,227

        $
        27,334,579

      The weighted-average