Stifel Financial
Market Cap
US$2.7b
Last Updated
2020/04/02 01:56 UTC
Data Sources
Company Financials +
Executive Summary
Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States, the United Kingdom, rest of Europe, and Canada.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -13.7% per year for the next 3 years
Snowflake Analysis
Proven track record and fair value.
Similar Companies
Share Price & News
How has Stifel Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SF's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-8.0%
SF
-1.2%
US Capital Markets
-1.1%
US Market
1 Year Return
-31.9%
SF
-16.0%
US Capital Markets
-13.6%
US Market
Return vs Industry: SF underperformed the US Capital Markets industry which returned -12.5% over the past year.
Return vs Market: SF underperformed the US Market which returned -10.7% over the past year.
Shareholder returns
| SF | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.0% | -1.2% | -1.1% |
| 30 Day | -29.0% | -20.4% | -17.8% |
| 90 Day | -35.9% | -25.8% | -22.5% |
| 1 Year | -31.1%-31.9% | -14.3%-16.0% | -11.9%-13.6% |
| 3 Year | -18.1%-20.2% | 5.3%-0.9% | 12.1%4.9% |
| 5 Year | -26.8%-28.7% | 29.2%17.0% | 30.5%16.3% |
Price Volatility Vs. Market
How volatile is Stifel Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
A Sliding Share Price Has Us Looking At Stifel Financial Corp.'s (NYSE:SF) P/E Ratio1 week ago | Simply Wall St
How Does Stifel Financial Corp. (NYSE:SF) Stand Up To These Simple Dividend Safety Checks?3 weeks ago | Simply Wall St
Here's What Stifel Financial Corp.'s (NYSE:SF) P/E Ratio Is Telling UsValuation
Is Stifel Financial undervalued compared to its fair value and its price relative to the market?
3.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SF ($41.28) is trading above our estimate of fair value ($40.73)
Significantly Below Fair Value: SF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SF is good value based on its PE Ratio (6.9x) compared to the Capital Markets industry average (32.9x).
PE vs Market: SF is good value based on its PE Ratio (6.9x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: SF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SF is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (7.9x).
Next Steps
Future Growth
How is Stifel Financial forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-19.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SF's earnings are forecast to decline over the next 3 years (-13.7% per year).
Earnings vs Market: SF's earnings are forecast to decline over the next 3 years (-13.7% per year).
High Growth Earnings: SF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SF's revenue is expected to decline over the next 3 years (-0.04% per year).
High Growth Revenue: SF's revenue is forecast to decline over the next 3 years (-0.04% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SF's Return on Equity is forecast to be low in 3 years time (9.2%).
Next Steps
Past Performance
How has Stifel Financial performed over the past 5 years?
31.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SF has high quality earnings.
Growing Profit Margin: SF's current net profit margins (13%) are higher than last year (12.7%).
Past Earnings Growth Analysis
Earnings Trend: SF's earnings have grown significantly by 31.6% per year over the past 5 years.
Accelerating Growth: SF's earnings growth over the past year (12.1%) is below its 5-year average (31.6% per year).
Earnings vs Industry: SF earnings growth over the past year (12.1%) exceeded the Capital Markets industry 9.7%.
Return on Equity
High ROE: SF's Return on Equity (12.3%) is considered low.
Next Steps
Financial Health
How is Stifel Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: SF has a low level of unsold assets or inventory.
Debt Coverage by Assets: SF's debt is covered by short term assets (assets are 8.9x debt).
Financial Institutions Analysis
Asset Level: SF's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SF has a sufficient allowance for bad loans.
Low Risk Liabilities: SF reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SF has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SF has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SF has an appropriate level of bad loans.
Next Steps
Dividend
What is Stifel Financial's current dividend yield, its reliability and sustainability?
1.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SF's dividend (1.65%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: SF's dividend (1.65%) is low compared to the top 25% of dividend payers in the US market (5.37%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SF has been paying a dividend for less than 10 years.
Growing Dividend: SF's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10%), SF's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SF's dividends in 3 years are forecast to be thoroughly covered by earnings (14.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Ron Kruszewski (60yo)
22.58s
Tenure
US$5,287,305
Compensation
Mr. Ronald James Kruszewski is Chairman of the Board and Chief Executive Officer of Stifel Financial Corp. and its principal subsidiary, Stifel, Nicolaus & Company, Incorporated. He joined the firm as Chie ...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD5.29M) is about average for companies of similar size in the US market ($USD5.53M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman of the Board & CEO | 22.58yrs | US$5.29m | 1.24% $33.5m | |
| Co-President & Head of Global Wealth Management | 5.83yrs | US$2.86m | 1.21% $32.7m | |
| Co-President & Director of Institutional Group | 5.83yrs | US$3.77m | 0.26% $6.9m | |
| Senior VP & CFO | 1.67yrs | US$1.64m | 0.031% $838.5k | |
| Senior Vice President | no data | US$4.71m | 0.13% $3.5m | |
| Senior VP & COO | 1.67yrs | US$802.72k | 0.17% $4.5m | |
| Chief Investment Officer | 1.83yrs | no data | no data | |
| Global Head of Investment Banking | no data | no data | no data | |
| Senior Vice President of Investor relations | no data | no data | no data | |
| Senior VP | 5.92yrs | no data | 0.037% $998.0k |
5.8yrs
Average Tenure
54yo
Average Age
Experienced Management: SF's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman of the Board & CEO | 22.58yrs | US$5.29m | 1.24% $33.5m | |
| Co-Chairman of the Board | no data | US$2.23m | 0.050% $1.4m | |
| Independent Lead Director | 2.83yrs | US$237.62k | 0.0092% $247.3k | |
| Independent Director | 7.17yrs | US$187.62k | 0.029% $778.7k | |
| Independent Director | 9.67yrs | US$212.62k | 0.040% $1.1m | |
| Independent Director | 24.25yrs | US$212.62k | 0.019% $523.5k | |
| Independent Director | 17.25yrs | US$251.87k | 0.042% $1.1m | |
| Independent Director | 3.83yrs | US$187.62k | 0.0055% $147.9k | |
| Independent Director | 2.83yrs | US$187.62k | 0.021% $558.5k | |
| Independent Director | 3.83yrs | US$187.62k | 0.0055% $147.9k |
7.2yrs
Average Tenure
71yo
Average Age
Experienced Board: SF's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SF insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Stifel Financial Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Stifel Financial Corp.
- Ticker: SF
- Exchange: NYSE
- Founded: 1890
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$2.694b
- Shares outstanding: 69.53m
- Website: https://www.stifel.com
Number of Employees
Location
- Stifel Financial Corp.
- One Financial Plaza
- 501 North Broadway
- St. Louis
- Missouri
- 63102-2188
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SF | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 1983 |
| 2SI | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1983 |
| SF.PRA | NYSE (New York Stock Exchange) | DSHS 1/40 PF A | US | USD | Jul 2016 | |
| SF.PRB | NYSE (New York Stock Exchange) | 6.25 DPSHS PFD B | US | USD | Feb 2019 |
Biography
Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States, the United Kingdom, rest of Europe, and Canada. The company operates through Global Wealth Management, Institutional Group, and Other segments. It provides private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts. The company also participates and manages in underwritings for corporate and public finance. Stifel Financial Corp. was founded in 1890 and is headquartered in St. Louis, Missouri.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/02 01:56 |
| End of Day Share Price | 2020/04/01 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.