Stifel reports record Q1 revenue of $1.48 billion and diluted EPS of $1.48
Stifel Financial reported first-quarter 2026 net revenues of $1.48 billion, up 17.7% from $1.26 billion a year earlier, and GAAP diluted EPS of $1.48 versus $0.26. The results include a gain on the February 2, 2026 sale of Stifel Independent Advisors, LLC, and the company describes the quarter as its strongest first quarter ever, though revenue and EPS were both lower than in the fourth quarter of 2025.
Key points
- Net revenues were $1.48 billion, up 17.7% from $1.26 billion in Q1 2025; the figure includes a gain on the sale of Stifel Independent Advisors, LLC, closed February 2, 2026.
- GAAP diluted EPS was $1.48 versus $0.26 a year earlier; non-GAAP diluted EPS was $1.45 versus $0.33.
- Compared with Q4 2025, net revenues fell 5.3% and GAAP diluted EPS fell from $1.54 to $1.48.
- The company repurchased $224.4 million of common stock (2.8 million shares) at an average price of $80.32 and declared a $0.34 quarterly dividend per share.
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 April 22, 2026.
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.