Core Viewpoint - Stifel Financial Corp. is set to release its fourth quarter and full year 2024 financial results on January 29, 2025, before market opening, followed by a conference call to discuss the results [1] Group 1: Financial Results Announcement - The financial results will be released before the market opens on January 29, 2025 [1] - A conference call will be held at 9:30 a.m. Eastern time on the same day to review the results [1] - The conference call may include forward-looking statements [1] Group 2: Conference Call Details - Interested parties can listen to the call by dialing (866) 409-1555 and referencing participant ID 7408307 [2] - A live audio webcast and a presentation highlighting the results will be available on Stifel's website [2] - A replay of the broadcast will be accessible approximately one hour after the call [2] Group 3: Company Overview - Stifel Financial Corp. is a financial services holding company based in St. Louis, Missouri, operating through several wholly owned subsidiaries [3] - The company provides a range of services including securities brokerage, investment banking, trading, investment advisory, and related financial services [3] - Stifel Bank offers consumer and commercial lending solutions, while Stifel Trust Company provides trust and related services [3]

STAMFORD, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Eaton Partners, one of the largest placement agents and fund advisory firms and a wholly-owned subsidiary of Stifel Financial Corp. (NYSE:SF), is pleased to have acted as lead placement agent for Colbeck Capital Management ("Colbeck"), a leading middle-market private credit firm focused on strategic lending. Colbeck's third flagship fund, Colbeck Strategic Lending III (the "Fund" or "CSL III"), raised $700 million in capital commitments, exceeding the targe ...

The market expects Stifel Financial (SF) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if ...

STAMFORD, Conn. and HONG KONG, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Eaton Partners, one of the largest placement agents and fund advisory firms and a wholly-owned subsidiary of Stifel Financial Corp. (NYSE:SF), is pleased to have acted as the Asia-Pacific placement agent for leading growth equity firm FTV Capital ("FTV" or the "Firm") for its latest flagship fund, FTV VIII, L.P. ("FTV VIII"), which the Firm raised alongside FTV Ascend I, L.P. ("FTV Ascend"). FTV VIII and FTV Ascend held final closes of $3.4 bi ...

Expands European Advisory Footprint in Healthcare & Technology VerticalsST. LOUIS and PARIS, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has signed a definitive agreement to acquire Bryan, Garnier & Co. (“Bryan Garnier”), a leading independent full-service investment bank focused on European technology and healthcare companies. Terms of the transaction were not disclosed. Founded in 1996, Bryan Garnier’s product suite includes mergers & acquisitions advisory, priva ...

ST. LOUIS, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for November 30, 2024 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In November, total client assets under management climbed to a record $514 billion, including a record $197 bi ...

Core Insights - Stifel Financial Corp. reported selected operating results for October 31, 2024, highlighting key performance metrics for investors [1] Group 1: Financial Performance - Total client assets reached $493,469 million as of October 31, 2024, representing a 22% increase from $404,057 million a year ago, but a 1% decline from $496,298 million in September 2024 [2] - Fee-based client assets amounted to $189,326 million, up 28% from $147,667 million in the same period last year, with a slight 1% decrease from $190,771 million in September 2024 [2] - Private Client Group fee-based client assets were $165,530 million, reflecting a 28% increase from $129,687 million year-over-year, and a 1% decline from $166,768 million in September 2024 [2] - Net bank loans, including loans held for sale, were $20,722 million, showing no change compared to $20,654 million a year ago and $20,633 million in September 2024 [2] - Client money market and insured product balances totaled $27,613 million, a 10% increase from $25,184 million year-over-year, and a 2% rise from $26,970 million in September 2024 [2] Group 2: Market Trends - The increase in total client assets and fee-based assets was attributed to strong market appreciation and effective recruiting efforts [2] - Despite the year-over-year growth, both total client assets and fee-based assets experienced a decline of 1% compared to September 2024 levels due to market declines [2] - Positive trends were observed in client cash levels, with a 2% increase in client money market and insured product balances in October [2]

Financial Performance - For the three months ended September 30, 2024, net revenues increased 17.2% to $1.2 billion from $1.0 billion during the comparable period in 2023[142]. - Net income available to common shareholders for the three months ended September 30, 2024, increased 153.5% to $149.2 million, or $1.34 per diluted common share[142]. - For the nine months ended September 30, 2024, net revenues increased 12.6% to $3.6 billion compared to $3.2 billion during the comparable period in 2023[142]. - For the nine months ended September 30, 2024, net income available to common shareholders was $459.4 million, a 38.3% increase from $332.1 million in the comparable period in 2023[148]. - Total revenues for the nine months ended September 30, 2024, were $3.14 billion, an 11.1% increase from $2.83 billion in the same period of 2023[162]. Revenue Breakdown - Investment banking revenues for the three months ended September 30, 2024, increased 65.6% to $243.2 million compared to $146.9 million in the same period in 2023[146]. - Asset management revenues increased 14.9% to $382.6 million for the three months ended September 30, 2024, compared to $333.1 million in the same period in 2023[146]. - Investment banking revenues for the nine months ended September 30, 2024, rose by 31.4% to $690.4 million compared to $525.6 million in the prior year[151]. - Asset management revenues increased by 16.7% to $1.13 billion for the nine months ended September 30, 2024, up from $969.0 million in the same period in 2023[151]. - Principal transaction revenues increased by 27.9% to $429.7 million for the nine months ended September 30, 2024, compared to $336.1 million in the same period in 2023[151]. Expenses and Costs - Total non-interest expenses increased 7.7% to $1.0 billion for the three months ended September 30, 2024, compared to $935.6 million in the same period in 2023[146]. - Total non-interest expenses increased by 8.9% to $2.94 billion for the nine months ended September 30, 2024, compared to $2.70 billion in the same period in 2023[148]. - Compensation and benefits expense rose 17.1% to $718.1 million for the three months ended September 30, 2024, compared to $613.3 million in the same period in 2023[155]. - Other operating expenses decreased by 22.3% to $129.9 million for the three months ended September 30, 2024, down from $167.3 million in the comparable period in 2023[156]. - Non-interest expenses for the nine months ended September 30, 2024, totaled $1.53 billion, an 11.5% increase from $1.37 billion in the same period of 2023[162]. Interest Income and Expenses - For the three months ended September 30, 2024, net interest income decreased 8.8% to $259.6 million from $284.7 million during the comparable period in 2023[153]. - Interest revenue for the three months ended September 30, 2024, increased 1.1% to $510.8 million from $505.2 million in the comparable period in 2023, driven by higher interest-earning assets[154]. - Interest expense for the three months ended September 30, 2024, increased 13.9% to $251.2 million from $220.5 million during the comparable period in 2023[154]. - For the nine months ended September 30, 2024, net interest income decreased 12.6% to $762.6 million from $872.9 million during the comparable period in 2023[153]. - Interest revenue for the nine months ended September 30, 2024, increased 5.3% to $1.5 billion from $1.4 billion in the comparable period in 2023[154]. Client and Asset Growth - Client assets as of September 30, 2024, reached $496.3 billion, a 20.3% increase from $412.5 billion a year earlier[163]. - Fee-based client assets increased 26.4% to $190.8 billion from $151.0 billion year-over-year[163]. - The number of client accounts as of September 30, 2024, was 1.24 million, a 2.7% increase from 1.21 million a year earlier[163]. - The number of branch offices decreased to 390 in 2024 from 398 in 2023, while total financial advisors decreased to 2,357 from 2,374[160]. Strategic Acquisitions and Plans - The company acquired Finance 500, Inc. and CB Resource, Inc. on August 1, 2024, enhancing its brokerage and investment services capabilities[141]. - The company plans to focus on revenue growth and recruiting experienced financial advisors to enhance client relationships[141]. Regulatory and Compliance - Regulatory compliance is overseen by multiple authorities, including the SEC and FDIC, with potential legal exposure from underwriting commitments[218]. - Stifel Bancorp's loan policy includes criteria for underwriting, monitoring, and managing credit risk, ensuring adequate documentation and review of borrower characteristics[216]. Liquidity and Capital Management - The company maintained sufficient liquidity to meet current and contingent funding obligations as modeled in its liquidity stress test[194]. - The company has a borrowing capacity of $6.0 billion with the Federal Home Loan Bank and $4.1 billion with the Fed's discount window as of September 30, 2024[198]. - The company reported $28.1 billion in deposits as of September 30, 2024, an increase from $27.3 billion at December 31, 2023[196]. Risk Management - The cumulative GAP analysis shows a negative position of $(8,336,861,000) in the 0-6 month category, indicating a significant interest rate sensitivity[214]. - The company is exposed to credit risk from trading and brokerage activities, with measures in place to monitor and manage counterparty creditworthiness[215]. - Operational risk management includes policies to mitigate losses from business disruptions and unauthorized transactions, with business continuity plans for critical systems[217].

Asia Value & Moat Stocks is a research service for value investors seeking Asia-listed stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high-quality businesses, hidden champions and wide moat compounders). Sign up here to get starte ...

Exhibit 99.2 Stifel Financial Corp. Quarterly Financial Supplement | Third Quarter 2024 Earnings Release Page 1 of 19 FEL Third Quarter 2024 Earnings Results | --- | --- | |-----------------------------------------------------------------------------|-------| | Quarterly Financial Supplement | Page | | Consolidated Financial Highlights GAAP Consolidated Results of Operations | 2 3 | | Non-GAAP Consolidated Results of Operations | 4 | | Consolidated Financial Summary | 5 | | Consolidated Financial Informatio ...