Stifel Financial Earns Credit Upgrade

ST. LOUIS, April 02, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE:SF) today announced that S&P Global Ratings (S&P) has raised its long-term rating on Stifel, reflecting sound credit and interest rate risk management. S&P upgraded Stifel to a ‘BBB' from ‘BBB-'. In announcing the move, S&P wrote "the stable outlook reflects our expectation that the company's operating performance will continue to be resilient across varied market conditions, aided by diversified revenue streams and sound risk manage ...