Stifel Financial Corp revenue by segment SF

Annual Quarterly

Stifel Financial Corp splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Global Wealth Management at $2.3 billion, 60% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Asset Management1 at $1.7 billion, 45% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	4,150	3,771	3,294	5,159	4,593	4,783	3,818	3,515	3,195	2,996	2,642
Operating segments
Global Wealth Management	—	2,272 +9.6% share 60.2%	2,073 +17.4% share 62.9%	1,766 +0.3% share 34.2%	1,762 -5.0% share 38.4%	1,855 +22.6% share 38.8%	1,512 +9.6% share 39.6%	1,380 +4.4% share 39.3%	1,321 share 41.4%	—	—
Institutional Group	—	1,499 +22.8% share 39.7%	1,221 +29.4% share 37.1%	943 -20.7% share 18.3%	1,189 -32.4% share 25.9%	1,759 +51.2% share 36.8%	1,164 +20.0% share 30.5%	970 +12.5% share 27.6%	862 share 27.0%	—	—
All Other Segments	—	0 +410.2% share 0.0%	0 -73.5% share 0.0%	0 -30.2% share 0.0%	0 -85.5% share 0.0%	2 -41.0% share 0.0%	3 +8.5% share 0.1%	3 -27.7% share 0.1%	4 share 0.1%	—	—
Sales mix
Asset Management1	1,864 +12.9% share 44.9%	1,700 +10.7% share 45.1%	1,537 +18.3% share 46.7%	1,299 +2.9% share 25.2%	1,263 +4.7% share 27.5%	1,207 +31.5% share 25.2%	917 share 24.0%	—	—	—	—
Investment Banking	1,435 +30.6% share 34.6%	1,251 +25.7% share 33.2%	995 +36.0% share 30.2%	731 -24.7% share 14.2%	971 -37.9% share 21.2%	1,565 +64.4% share 32.7%	952 +16.5% share 24.9%	817 +15.5% share 23.3%	708 -2.6% share 22.1%	727 share 24.3%	—
Commissions	843 +4.9% share 20.3%	814 +7.6% share 21.6%	756 +12.2% share 23.0%	674 -5.2% share 13.1%	711 -12.2% share 15.5%	810 +6.4% share 16.9%	761 +14.0% share 19.9%	667 +1.5% share 19.0%	658 -3.1% share 20.6%	679 share 22.7%	—
Product And Service Other	7 +18.9% share 0.2%	6 -2.1% share 0.2%	6 +22.1% share 0.2%	5 -9.5% share 0.1%	6 -83.0% share 0.1%	34 -29.4% share 0.7%	49 share 1.3%	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Security Brokers, Dealers & Flotation Companies (SIC 6211)
Listed as: SF (NYSE), SF-PB (NYSE), SFB (NYSE), SF-PC (NYSE), SF-PD (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: St. Louis, MO
SEC filer status: Large accelerated filer
SEC CIK: 720672

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.