Company: SFB
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000950170-25-103991
Chunk: 0

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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STIFEL FINANCIAL CORP.

Consolidated Statements of Financial Condition

     June 30, 2025

     December 31, 2024

     (in thousands, except share and per share amounts)
      
     (Unaudited)

     Assets

     Cash and cash equivalents
      
     $
     1,857,669

     $
     2,648,308

     Cash segregated for regulatory purposes

     68,394

     29,895

     Receivables:

     Brokerage clients, net

     916,496

     897,363

     Brokers, dealers, and clearing organizations

     637,057

     486,465

     Securities purchased under agreements to resell

     637,530

     528,976

     Financial instruments owned, at fair value

     1,343,513

     1,169,008

     Available-for-sale securities, at fair value

     1,546,392

     1,584,598

     Held-to-maturity securities, at amortized cost

     6,584,925

     6,524,954

     Loans:

     Held for investment, net

     20,647,094

     20,731,796

     Held for sale, at lower of cost or market

     800,766

     578,980

     Investments, at fair value

     78,572

     75,358

     Fixed assets, net

     197,053

     193,156

     Operating lease right-of-use assets, net

     814,952

     809,174

     Goodwill

     1,478,887

     1,395,218

     Intangible assets, net

     115,455

     113,574

     Loans and advances to financial advisors and other employees, net

     746,007

     682,196

     Deferred tax assets, net

     185,167

     152,378

     Other assets

     1,203,724

     1,294,143

     Total assets
      
     $
     39,859,653

     $
     39,895,540

     Liabilities

     Payables:

     Brokerage clients
      
     $
     579,161