Core Insights - Stifel Financial Corp. reported selected operating results for May 31, 2025, highlighting key performance metrics for investors [1] - The company experienced a 3% increase in total client assets and a 4% increase in fee-based assets due to recruiting and market appreciation [2] - Investment banking activity faced challenges due to increased market volatility in April, with an anticipated revenue decline of approximately 10% from Q2 2024, although there is cautious optimism for the full year 2025 [2] Selected Operating Data - Total client assets reached $501,357 million, an 8% increase from $465,959 million in May 2024 and a 3% increase from $485,551 million in April 2025 [2] - Fee-based client assets increased to $199,078 million, reflecting a 13% rise from $176,461 million in May 2024 and a 4% increase from $190,545 million in April 2025 [2] - Private Client Group fee-based client assets were $173,557 million, up 12% from $154,544 million in May 2024 and 5% from $166,029 million in April 2025 [2] - Net bank loans amounted to $21,204 million, a 7% increase from $19,822 million in May 2024, but a 2% decrease from $21,536 million in April 2025 [2] - Client money market and insured product levels decreased to $25,827 million, down 2% from $26,230 million in May 2024 and 1% from $26,073 million in April 2025 [2]