SF

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EX-99.1

EX-99.1

Exhibit 99.1

Stifel Reports First Quarter 2026 Results

ST. LOUIS, MO, April 22, 2026 – Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.48 billion for the three months ended March 31, 2026, compared with $1.26 billion a year ago. Net income available to common shareholders was $242.1 million, or $1.48 per diluted common share, compared with $43.7 million, or $0.26 per diluted common share (1) for the first quarter of 2025. Non-GAAP net income available to common shareholders was $237.5 million, or $1.45 per diluted common share for the first quarter of 2026.

Ronald J. Kruszewski, Chairman and Chief Executive Officer, said “Stifel delivered record first quarter results with approximately $1.5 billion in revenue and earnings per share of $1.48. Even amid heightened volatility driven by geopolitical events, we achieved our strongest ever first quarter performance across both operating segments, underscoring the durability and diversification of our model. Looking ahead, client engagement remains high across wealth management and institutional, and our investment banking pipelines are among the strongest we have seen. Assuming market risks remain within current expectations, we are well positioned for a strong 2026.”

Highlights

The Company reported net revenues of $1.48 billion, the second best in its history, driven by higher investment banking revenues, asset management revenues, transactional revenues, net interest income, and the recognition of a gain on the sale of Stifel Independent Advisors, LLC, which closed on February 2, 2026.

Non-GAAP net income available to common shareholders of $1.45 per diluted common

share. The first quarter of 2025 was negatively impacted by elevated provisions for legal matters.

Investment banking revenues increased 44% over the year-ago quarter.

Advisory revenues increased 59% over the year-ago quarter.

Capital raising revenues increased 22% over the year-ago quarter.

Record asset management revenues, up 12% over the year-ago quarter.

Client assets of $538.7 billion, up 11% over the year-ago quarter.

Over the last twelve months, recruited trailing twelve-month production totaled approximately $80 million.

Non-GAAP pre-tax margin of 22.2%.

Annualized return on tangible common equity (ROTCE) (6) of 24.8%.

Tangible book value per common share (9) of $24.89, up 12% from prior year.

Financial Summary (Unaudited)

(000s)

1Q 2026

1Q 2025

GAAP Financial Highlights:

Net revenues

$1,478,161

$1,255,469

Net income (2)

$242,099

$43,672

Diluted EPS (1) (2)

$1.48

$0.26

Comp. ratio

57.4%

58.3%

Non-comp. ratio

20.5%

36.7%

Pre-tax margin

22.1%

5.0%

Non-GAAP Financial Highlights:

Net revenues

$1,441,522

$1,255,455

Net income (2) (3)

$237,477

$54,236

Diluted EPS (1) (2) (3)

$1.45

$0.33

Comp. ratio (3)

57.5%

58.0%

Non-comp. ratio (3)

20.3%

35.9%

Pre-tax margin (4)

22.2%

6.1%

ROCE (5)

17.9%

4.4%

ROTCE (6)

24.8%

6.2%

Global Wealth Management (assets and loans in millions)

Net revenues

$932,123

$850,559

Pre-tax net income

$330,715

$126,405

Total client assets (7)

$538,717

$485,860

Fee-based client assets (7)

$219,863

$189,693

Bank loans (8)

$22,185

$21,241

Institutional Group

Net revenues

$495,258

$384,929

Equity

$332,339

$236,192

Fixed Income

$162,919

$148,737

Pre-tax net income

$97,910

$27,431

Media Contact: Neil Shapiro (212) 271-3447 | Investor Contact: Joel Jeffrey (212) 271- 3610 | www.stifel.com/investor-relations

Global Wealth Management

Global Wealth Management reported net revenues of $932.1 million for the three months ended March 31, 2026, compared with $850.6 million during the first quarter of 2025. Pre-tax net income was $330.7 million compared with $126.4 million in the first quarter of 2025.

Highlights

Over the last twelve months, recruited trailing twelve-month production totaled approximately $80 million.

Client assets of $538.7 billion, up 11% over the year-ago quarter, which included $9.0 billion of client assets from the Stifel Independent Advisors business that was sold on February 2, 2026.

Fee-based client assets of $219.9 billion, up 16% over the year-ago quarter, which included $4.2 billion of client assets from the Stifel Independent Advisors business that was sold on February 2, 2026.

Net revenues increased 10% from a year ago:

Transactional revenues increased 9% over the year-ago quarter, reflecting an increase in client activity.

Asset management revenues increased 12% over the year-ago quarter, reflecting higher asset values due to improved market conditions and net new asset growth.

Net interest income increased 8% over the year-ago quarter primarily driven by balance sheet growth, partially offset by lower interest rates.

Total Expenses:

Compensation expense as a percentage of net revenues increased to 50.7% primarily attributable to higher variable and deferred compensation costs.

Provision for cred

EX-99.1

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EX-99.1

Stifel Reports Record Full Year Results

Announces 11% Common Stock Dividend Increase and Three-For-Two Stock Split

ST. LOUIS, MO, January 28, 2026 – Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.56 billion for the three months ended December 31, 2025, compared with $1.36 billion a year ago. Net income available to common shareholders was $255.0 million, or $2.31 per diluted common share, compared with $234.7 million, or $2.09 per diluted common share for the fourth quarter of 2024. Non-GAAP net income available to common shareholders was $290.0 million, or $2.63 per diluted common share for the fourth quarter of 2025.

Net revenues of $5.53 billion for the year ended December 31, 2025, compared to $4.97 billion a year ago. Net income available to common shareholders was $646.5 million, or $5.87 per diluted common share, compared with $694.1 million, or $6.25 per diluted common share in 2024. Non-GAAP net income available to common shareholders was $744.3 million, or $6.76 per diluted common share in 2025.

Ronald J. Kruszewski, Chairman and Chief Executive Officer, said “2025 marked a record year for Stifel and demonstrated the strength of our platform and long-term strategy. While we remain attentive to market and geopolitical risks, we are confident in our ability to navigate uncertainty and continue to deliver for clients and shareholders.”

Full Year Highlights

The Company reported record net revenues of $5.53 billion, driven by higher investment banking revenues, asset management revenues, transactional revenues, and net interest income.

Non-GAAP net income available to common shareholders of $6.76 per diluted common

share was negatively impacted by elevated provisions for legal matters of $1.16 per diluted common share (after-tax). (13)

Record asset management revenues, up 11% over 2024.

Investment banking revenue increased 26% over 2024.

Record quarter-end client assets of $551.9 billion, up 10% over 2024.

Non-GAAP pre-tax margin of 17.9%

(negatively impacted by elevated legal provisions of 3.2%). (13)

Return on average tangible common equity (ROTCE) (5) of 21.0% (negatively impacted by elevated legal provisions of 3.8%). (13)

Tangible book value per common share (7) of $37.50, up 7% from prior year.

Fourth Quarter Highlights

Quarterly record net revenues of $1.56 billion, driven by higher investment banking revenues and asset management revenues.

Non-GAAP net income available to common shareholders of $2.63 per diluted common

share.

Investment banking revenue increased 50% over the year-ago quarter.

Non-GAAP pre-tax margin of 22.3%.

Annualized ROTCE (5) of 31.1%.

Other Highlights

Board of Directors approved an 11% increase in common stock dividend starting in the first quarter of 2026.

Board of Directors declared a three-for-two stock split, effective February 26, 2026, to shareholders of record on February 12, 2026.

Financial Summary (Unaudited)

(000s)

4Q 2025

4Q 2024

FY 2025

FY 2024

GAAP

Financial Highlights:

Net revenues

$1,560,579

$1,364,682

$5,529,730

$4,970,320

Net income (1)

$255,041

$234,685

$646,498

$694,098

Diluted EPS (1)

$2.31

$2.09

$5.87

$6.25

Comp. ratio

59.3%

58.3%

59.2%

58.7%

Non-comp. ratio

21.0%

22.2%

25.0%

22.6%

Pre-tax margin

19.7%

19.5%

15.8%

18.7%

Non-GAAP Financial Highlights:

Net revenues

$1,560,593

$1,364,721

$5,529,824

$4,971,051

Net income (1) (2)

$290,012

$249,710

$744,293

$755,896

Diluted EPS (1) (2)

$2.63

$2.23

$6.76

$6.81

Comp. ratio (2)

58.0%

58.0%

58.0%

58.0%

Non-comp. ratio (2)

19.7%

21.3%

24.1%

21.9%

Pre-tax margin (3)

22.3%

20.7%

17.9%

20.1%

ROCE (4)

22.2%

20.1%

14.8%

15.9%

ROTCE (5)

31.1%

28.3%

21.0%

22.7%

Global Wealth Management (assets and loans in millions)

Net revenues

$933,150

$865,209

$3,536,780

$3,283,960

Pre-tax net income

$330,073

$316,318

$1,105,184

$1,207,942

Total client assets

$551,863

$501,402

Fee-based client assets

$224,488

$192,705

Bank loans, net (6)

$22,427

$21,311

Institutional Group

Net revenues

$609,703

$478,335

$1,914,846

$1,592,833

Equity

$407,066

$280,159

$1,160,103

$926,729

Fixed Income

$202,637

$198,176

$754,743

$666,104

Pre-tax net income

$151,677

$95,681

$329,439

$223,400

Media Contact: Neil Shapiro (212) 271-3447 | Investor Contact: Joel Jeffrey (212) 271- 3610 | www.stifel.com/investor-relations

Global Wealth Management

Fourth Quarter Results

Global Wealth Management reported record net revenues of $933.2 million for the three months ended December 31, 2025, compared with $865.2 million during the fourth quarter of 2024. Pre-tax net income was $330.1 million compared with $316.3 million in the fourth quarter of 2024.

Highlights

Client assets of $551.9 billion, up 10% over the year-ago quarter.

Fee-based client assets of $224.5 billion, up 16% over the year-ago quarter.

Recruited 14 financial advisors during the quarter, in