Stifel Financial Corp. reported financial results for the three months ended September 30, 2026, filing an -K with the SEC on October 21, 2026. The company reported net revenues of $1.43 billion for the third quarter of 2026, compared to $1.43 billion in the same period of the prior year.
GAAP net income available to common shareholders was $224.8 million, or $1.40 per diluted common share, up from $202.1 million, or $1.22 per diluted common share, in the third quarter of 2025. Non-GAAP net income available to common shareholders was $234.1 million, or $1.46 per diluted common share for the quarter.
Year-to-date, the company reported net revenues of $4.355 billion and GAAP net income of $684.1 million. The company noted that its return on tangible common equity (ROTCE) for the last twelve months was 23.9%.
Stifel’s Global Wealth Management segment reported record net revenues of $980.3 million for the quarter, a 8% increase from the prior year. Asset management revenues increased 14% over the year-ago quarter, while net interest income increased 11%. Total client assets were reported at $576.5 billion, up 6% from the previous year.
The Institutional Group reported net revenues of $430.3 million for the quarter, a decrease from $500.4 million in the prior year. Pre-tax net income for the segment was $76.3 million, compared to $89.3 million in the third quarter of 2025.
During the third quarter, the company repurchased $124.0 million of its outstanding common stock, representing 1.6 million shares at an average price of $76.95. The company also declared a quarterly dividend of $0.34 per share, payable on September 15, 2026.
