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Recap: Stifel Financial Q3 Earnings

Benzinga Insights
·1 min read

Shares of Stifel Financial (NYSE:SF) rose 0.5% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 6.00% over the past year to $1.59, which beat the estimate of $1.33.

Revenue of $883,300,000 up by 7.51% year over year, which beat the estimate of $852,060,000.

Guidance

Stifel Financial hasn't issued any earnings guidance for the time being.

View more earnings on SF

Stifel Financial hasn't issued any revenue guidance for the time being.

Technicals

Company's 52-week high was at $69.10

52-week low: $31.13

Price action over last quarter: Up 26.21%

Company Profile

Stifel Financial is a middle-market-focused investment bank that produces more than 90% of its revenue in the United States. Approximately 60% of the company's net revenue is derived from its global wealth management division, which supports over 2,000 financial advisors, with the remainder coming from its institutional securities business. Stifel has a history of being an active acquirer of other financial service firms.

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