Reports Q2 revenue $1.2B, consensus $1.19B. Ronald Kruszewski, Chairman and Chief Executive Officer, said “Stifel generated our second highest quarterly net revenue in company history, as each of our operating segments generated solid year-on-year gains. Stifel’s strong results reflect improved market conditions and illustrate the benefits of our balanced businesses and inherent operating leverage, particularly in our Institutional Group. Given current market trends, we believe that Stifel is well positioned for a strong second half of 2024.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SF:
- SF Earnings this Week: How Will it Perform?
- Stifel Financial downgraded to Peer Perform from Outperform at Wolfe Research
- Stifel Financial Schedules Second Quarter 2024 Financial Results Conference Call
- Stifel Ranks No. 1 in J.D. Power Study for Second Straight Year
- Armada Hoffler leases 35,000 square foot office with Stifel Financial