Company: SFB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027702
Chunk: 320

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-02-26
Form: 10-K
Item: Item 3
Chunk 320
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STIFEL FINANCIAL CORP.

Consolidated Statements of Changes in Shareholders’ Equity

    Year ended December 31,

    (in thousands, except per share amounts)
     
    2024

    2023

    2022

    Preferred stock, par value $1.00 per share:

    Balance, beginning of year
     
    $
    685,000

    $
    685,000

    $
    685,000

    Issuance of preferred stock

    —

    —

    —

    Balance, end of year

    685,000

    685,000

    685,000

    Common stock, par value $0.15 per share:

    Balance, beginning of year

    16,749

    16,749

    16,749

    Issuance of common stock

    —

    —

    —

    Balance, end of year

    16,749

    16,749

    16,749

    Additional paid-in-capital:

    Balance, beginning of year

    1,905,097

    1,928,069

    1,922,382

    Unit amortization, net of forfeitures

    157,891

    149,088

    150,408

    Distributions under employee plans

    (167,808
    )

    (172,154
    )

    (144,658
    )

    Other

    388

    94

    (63
    )

    Balance, end of year

    1,895,568

    1,905,097

    1,928,069

    Retained earnings:

    Balance, beginning of year

    3,398,610

    3,169,095

    2,757,208

    Net income

    731,379

    522,536

    662,155

    Dividends declared:

    Common

    (194,817
    )

    (172,985
    )

    (148,694
    )

    Preferred

    (37,281
    )

    (37,281
    )

    (37,281
    )

    Distributions under employee plans

    (103,724
    )

    (83,135
    )

    (65,415
    )