Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 102

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 102
---

    5.23

    2,535

    75

    2.95

    Demand deposits

    1,913,841

    67,920

    3.55

    2,297,253

    92,527

    4.03

    Savings

    1,236

    11

    0.88

    556

    4

    0.72

    Federal Home Loan Bank advances

    1

    0

    2.15

    1,371

    68

    4.99

    Other borrowings

    82,315

    5,891

    7.16

    19,076

    1,725

    9.04

    Total interest-bearing liabilities (3)
     
    $
    27,694,041

    $
    894,344

    3.23
    %
     
    $
    27,287,876

    $
    726,650

    2.66
    %

    Non-interest-bearing deposits

    372,601

    382,686

    Other non-interest-bearing liabilities

    141,080

    153,543

    Total liabilities
     
    $
    28,207,722

    $
    27,824,105

    Stockholders’ equity

    2,130,743

    2,221,483

    Total liabilities and stockholders’ equity
     
    $
    30,338,465

    $
    30,045,588

    Net interest income/spread

    $
    956,127

    2.91
    %

    $
    1,070,645

    3.35
    %

    Net interest margin

    3.17
    %

    3.58
    %

(1)Due to immaterial amount of income recognized on tax-exempt securities, yields were not calculated on a tax-equivalent basis.

(2)Loans on nonaccrual status are included in average balances.

(3)Please refer to the Net Interest Income table included in “Results of Operations” for additional information on our company’s average balances and operating interest and expenses.

43

    For the Year Ended December 31, 2022