$SF

STIFEL FINANCIAL CORP (SF): Results of Operations and Financial Condition

STIFEL FINANCIAL CORP (SF) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.2 3 d137168dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Second Quarter 2026 Earnings Results Quarterly Financial Supplement Page Consolidated Financial Highlights 2 GAAP Consolidated Results of Operations 3 Non-GAAP Condensed Consolidated Results of Operations 4 Consolidated Fin

Original reporting
Published Jul 22, 2026, 11:00 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 22, 2026, 11:30 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefEarnings
Primary signal
$SF
Bullish
medium confidence
Mentioned
$SF
Relevance
7/10
alphai data visualization · based on SEC EDGAR 8-K
Decision brief

The 30-second read

$SFBullishMed
01

Why it matters

GAAP net revenues rose 13.0% YoY to $1.451B and GAAP net income rose 46.1% YoY to $226.5M, with EPS up to $1.40 diluted. Non-GAAP net income also increased YoY to $238.6M.

02

Market read

Traders can use the fresh quarter datapoints (net revenues, net income, EPS, and key expense/provision lines) to update near-term expectations for SF.

03

What to watch

The excerpt does not include full credit metrics, regulatory capital updates, or management commentary; those items can materially change the earnings quality assessment.

Relevance 7/10Novelty 7/10Timing: Filed pre-market today, providing fresh Q2 2026 earnings figures for immediate positioning.

Background

The filing is an SEC 8-K with Exhibit 99.2, containing Stifel’s quarterly financial supplement for Q2 2026.

Company-level read

Ticker impact

$SFBullishMedium confidence
Context

Stifel’s 8-K includes Q2 2026 results showing net revenues of $1.451B (+13.0% YoY) and net income of $226.5M (+46.1% YoY).

Expected impact

Near-term bias positive as the filing provides fresh, quarter-specific earnings datapoints that can re-anchor expectations.

Evidence & confidence

The filing is a primary-source earnings supplement (8-K Item 2.02) with multiple GAAP and non-GAAP line items and YoY comparisons, but the excerpt is truncated before guidance or segment detail that could drive a larger repricing.

Market effects

A stronger quarter at a wealth and investment banking firm can modestly support sentiment toward US broker-dealers and capital markets activity.

Primarily US-focused read-through given Stifel’s domestic earnings release and capital markets exposure.

Limited global spillover from a single broker-dealer earnings filing without additional cross-border deal or regulatory developments.

Counterpoint

Revenue growth is not uniform, with principal transactions down YoY, which could signal less favorable trading/market conditions than the headline net revenue growth implies.

Key entities

  • Stifel Financial Corp.

    Subject of the SEC 8-K Item 2.02, reporting Q2 2026 results and financial condition supplement.

Related articles

$SFMed

Stifel’s earnings expose Wall Street’s AI blind spot

Stifel Financial (SF) reported Q2 results with net revenue of $1.45 billion, up 13% year over year and about $20 million above consensus, and adjusted EPS of $1.42, up 25% and above the $1.33 estimate. Wealth management revenue hit a record $956.5 million, and investment banking revenue rose 42%. Stifel also repurchased $177 million of stock and said AI is boosting adviser productivity. Shares rose 2.2% to $79.31.

$HMNMed

Horace Mann Educators Q2 Earnings Call Highlights

Horace Mann (NYSE:HMN) reported Q2 call highlights. Management said auto frequency and severity trends were favorable and liability losses mid-single digits. It cut its full-year catastrophe-loss assumption to about $75M from $90M, while lowering total net investment income outlook to $465M-$475M. Revenue rose 8% YoY; life sales +20%.

$ULSMed

UL Solutions Q2 Earnings Call Highlights

UL Solutions (NYSE:ULS) reported Q2 consumer revenue of $362M, up 6.5% (6.2% organic), with adjusted EBITDA rising 24.2% to $77M and margin up 310 bps to 21.3%. Risk and compliance revenue fell 17.5% to $52M after an April 1 EHS software divestiture. Operating cash flow and free cash flow for TTM were $678M and $436M. Guidance for 2026 was reaffirmed.

$MURMedAI 8/10

Murphy Oil Sees Sharp Profit Increase

Murphy Oil Corp reported Q2 2026 adjusted net income of $225.8 million, nearly six times Q2 2025, as higher oil prices offset lower production and weaker gas. Adjusted EPS was $1.55 vs $1.51 consensus. Revenue rose to $926.3 million. Murphy kept its $0.35 dividend and raised 2026 capex midpoint to $1.55 billion.

$GSBDMed

Goldman Sachs BDC Q2 Earnings Call Highlights

Goldman Sachs BDC (NYSE:GSBD) reported no incentive fee in Q2, citing its three-year total-return lookback provision. NAV was $12.06/share at June 30 vs $12.17 in Q1. The board declared a Q3 base dividend of $0.32/share plus $0.03 supplemental. Investments were $3.2B fair value, non-accrual 2.9%, and net debt-to-equity 1.35x.