Stock Analysis
- United States
- /
- Capital Markets
- /
- NYSE:SF
Stifel Financial Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Stifel Financial (NYSE:SF) Full Year 2023 Results
Key Financial Results
- Revenue: US$4.32b (flat on FY 2022).
- Net income: US$485.3m (down 22% from FY 2022).
- Profit margin: 11% (down from 14% in FY 2022).
- EPS: US$4.55 (down from US$5.74 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Stifel Financial Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 6.6%.
Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Stifel Financial that you should be aware of before investing here.
Valuation is complex, but we're helping make it simple.
Find out whether Stifel Financial is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:SF
Stifel Financial
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 and internationally.
Undervalued with mediocre balance sheet.