Stifel Q3 2026 slides: wealth management hits record amid institutional drag

Stifel Financial (SF) reported Q3 loan growth of $1.3B, boosting net interest income to $302M, exceeding guidance. Institutional revenue fell 14% YoY to $430M due to market volatility. The company expects Q4 net interest income of $295M-$305M and record revenue of $1.56B. Stifel repurchased 1.6M shares and plans further capital deployment.

Stifel Financial (NYSE:SF) reported Q3 2026 sales of $1.43B, missing estimates by 1.6% but beating EPS forecasts by 1%. AUM grew 6% YoY to $576.5B. CEO Kruszewski highlighted record year-to-date performance and optimism about the company's outlook. The firm's 5-year revenue growth was 5.5%, with a recent 2-year acceleration to 11.2%.

Stifel Financial (SF) stock rose 3.25% pre-market after reporting Q3 2026 results. Net revenues were $1.43B, with GAAP EPS $1.40 and non-GAAP EPS $1.46. Wealth management revenues hit a record $980.3M, up 8% YoY. The company repurchased $124M in shares. TD Cowen lowered its price target to $78. Institutional Group revenues fell 14%.

Stifel Financial (NYSE:SF) reported Q3 adjusted EPS of $1.46, missing estimates of $1.48, but shares rose 3.25% pre-market due to record asset management revenues and improved profitability. Net revenue was $1.43B, flat YoY, with Global Wealth Management revenues up 8% and Institutional Group revenues down 14%. The company repurchased $124M of common stock.

Stifel Financial Corp. (SF) reported Q3 earnings of $234.1M, or $1.40 per share, beating analysts' expectations of $1.43 per share. Adjusted earnings were $1.46 per share. Revenue was $1.43B, matching revenue net of interest expense. The results exceeded Wall Street forecasts.

Stifel Financial reported Q3 Non-GAAP EPS of $1.46, beating estimates by $0.01, while revenue of $1.43B missed by $20M. Client assets rose 6% year-over-year to $576.5B, including $10.2B from a sold business. According to the company, mid-market advisory and commissions may resist hikes.