Why is Stifel Financial stock climbing today?
Stifel Financial (SF) stock rose 1.0% to $81.60 after reporting strong monthly operating data, including 13% and 17% year-over-year growth in total and fee-based client assets, respectively. The company also reported a 3% increase in total loans and a $600 million surge in treasury deposits. CEO Ronald J. Kruszewski attributed growth to strong markets and solid recruiting. The stock is trading below its 52-week high of $89.83.


