Stifel Q3 net revenue rises 17% to $1.2 billion; GAAP EPS $1.34 vs $0.52
Stifel Financial reported third-quarter 2024 net revenues of $1.2 billion, up 17.2% from $1.0 billion a year earlier, with GAAP diluted earnings per share of $1.34 versus $0.52. Investment banking revenues rose 66%, and the company said it anticipates further upside to revenue and earnings in the fourth quarter and in 2025, though this is not formal guidance.
Key points
- Net revenues of $1.2 billion for the quarter ended September 30, 2024, versus $1.0 billion a year earlier
- GAAP net income available to common shareholders of $149.2 million, or $1.34 per diluted share, versus $0.52 a year earlier
- Non-GAAP diluted EPS of $1.50 versus $0.60, after $0.10 per share of elevated legal provisions
- Investment banking revenues up 66%; the company repurchased $20.2 million of common stock in the quarter
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.