Company: SFB
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0000950170-25-065599
Chunk: 0

Company: STIFEL FINANCIAL CORP
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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STIFEL FINANCIAL CORP.

Consolidated Statements of Financial Condition

     March 31, 2025

     December 31, 2024

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

     Assets

     Cash and cash equivalents
      
     $
     2,725,992

     $
     2,648,308

     Cash segregated for regulatory purposes

     28,065

     29,895

     Receivables:

     Brokerage clients, net

     950,770

     897,363

     Brokers, dealers, and clearing organizations

     438,159

     486,465

     Securities purchased under agreements to resell

     642,850

     528,976

     Financial instruments owned, at fair value

     1,419,156

     1,169,008

     Available-for-sale securities, at fair value

     1,613,304

     1,584,598

     Held-to-maturity securities, at amortized cost

     6,716,753

     6,524,954

     Loans:

     Held for investment, net

     20,225,273

     20,731,796

     Held for sale, at lower of cost or market

     1,016,127

     578,980

     Investments, at fair value

     75,459

     75,358

     Fixed assets, net

     194,820

     193,156

     Operating lease right-of-use assets, net

     786,314

     809,174

     Goodwill

     1,395,215

     1,395,218

     Intangible assets, net

     108,143

     113,574

     Loans and advances to financial advisors and other employees, net

     670,553

     682,196

     Deferred tax assets, net

     174,443

     152,378

     Other assets

     1,202,331

     1,294,143

     Total assets
      
     $
     40,383,727

     $
     39,895,540

     Liabilities

     Payables:

     Brokerage clients
      
     $
     473,