Stifel Financial Corp. will release its third quarter financial results before the market opens on Wednesday, October 21, 2026. The company will host a conference call to review the results at 9:30 am Eastern time that same day.

All interested parties are invited to listen to Stifel Chairman and CEO Ronald J. Kruszewski by dialing (800) 330-6710 and referencing participant ID 9806728. A live audio webcast of the call, as well as a presentation highlighting the company’s results, will be available through Stifel’s website.

Company Profile

Stifel Financial Corp. is a diversified financial services firm providing wealth management, commercial and investment banking, trading, and research services to individuals, institutions, and municipalities. Founded in 1890 and headquartered in St. Louis, Missouri, the firm operates more than 400 offices across the United States and in major global financial centers.

Investor Relations

For global disclosures, please visit the company's investor relations page. The conference call may include forward-looking statements.

Stifel Financial Corp. (NYSE: SF) reported total client assets of $587,622 million as of August 31, 2026, reflecting a 10% increase year over year. Fee-based client assets reached a record high of $244,377 million, growing 14% compared to the prior year.

Ronald J. Kruszewski, Chairman and Chief Executive Officer, attributed the growth to strong recruiting and market appreciation. He noted that fee-based assets excluding the sold Stifel Independent Advisors (SIA) business increased 17% year over year. Treasury deposits continued to expand, rising 7% month over month and 61% year over year, underscoring a diversified funding mix that more than offset declines in client money market and insured product balances.

Segment performance outlook

For the third quarter of fiscal 2026, Stifel anticipates firm-wide net revenue will be essentially flat with the third quarter of 2025. This stability is driven by strong growth in the Global Wealth Management segment, which is expected to offset a roughly 15% decline in the Institutional Group. The decline in the Institutional Group primarily reflects lower transactional revenue and a modest decrease in investment banking revenue. Despite this, management remains encouraged by robust pipelines across the Institutional Group and expects strong segment results in the second half of the year.

Selected operating data

Note: Total client assets and Private Client Group fee-based client assets as of August 31, 2025, include $9.9 billion and $4.7 billion, respectively, from the Stifel Independent Advisors business sold on February 2, 2026.

What the numbers show

A divergence exists between the decline in client money market balances and the surge in Treasury deposits. While money market and insured product balances fell 8% year over year to $23,443 million, Treasury deposits grew 61% year over year to $12,344 million. This shift indicates a strategic reallocation of liquidity within the firm’s funding structure, where growth in commercial treasury deposits is actively compensating for outflows in traditional sweep accounts, supporting the bank’s loan book which also expanded 18% year over year.