Stifel Financial Declares $0.34 Quarterly Dividend
Stifel Financial Corp (NYSE: SF), an investment banking and wealth management firm, declared a $0.34 per share quarterly cash dividend. The dividend is payable March 16, 2026.
Stifel Financial Corp (NYSE: SF), an investment banking and wealth management firm, declared a quarterly cash dividend of $0.34 per share on its common stock. The Board of Directors approved the dividend on January 26, 2026. Read more dividend announcements.
The dividend will be paid on March 16, 2026, to shareholders of record as of March 2, 2026. The company did not disclose an ex-dividend date.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.34 |
| Record Date | March 2, 2026 |
| Ex-Dividend Date | Not Disclosed |
| Payment Date | March 16, 2026 |
First Quarter Financial Results
Stifel reported net revenues of $495.3 million for the first quarter of 2026, up from $384.9 million in the year-ago quarter. Pre-tax net income climbed to $97.9 million from $27.4 million a year earlier, while the pre-tax margin expanded to 19.8% from 7.1%.
Investment banking revenues totaled $335.3 million, compared to $232.0 million in the prior-year quarter. Advisory revenues increased to $218.4 million from $137.5 million, and equity capital raising rose to $67.3 million from $49.0 million.
Compensation expense was $295.9 million, representing a compensation ratio of 59.7%, down from 65.6% a year earlier. Non-compensation operating expenses declined to $101.5 million with a 20.5% ratio, compared to $104.9 million and a 27.3% ratio in the first quarter of 2025.
Capital Management and Stock Split
The company repurchased $224.4 million of its common stock during the quarter, retiring 2.8 million shares at an average price of $80.32. This included $128.0 million related to net-share settlements under the equity compensation plan.
The Board of Directors also declared a three-for-two stock split, effective February 26, 2026, for shareholders of record on February 12, 2026. Weighted average diluted shares outstanding decreased to 163.4 million from 166.0 million, primarily due to share repurchases.
Total assets increased $2.5 billion, or 6%, to $42.9 billion from $40.4 billion in the year-ago quarter. The company's Tier 1 common capital ratio improved to 15.8% from 14.7%, and Tier 1 capital rose to $4.5 billion from $4.2 billion.