Stifel Financial Full Year 2024 Earnings: Beats Expectations

Stifel Financial (NYSE:SF) Full Year 2024 Results

Key Financial Results

• Revenue: US$4.97b (up 15% from FY 2023).
• Net income: US$694.1m (up 43% from FY 2023).
• Profit margin: 14% (up from 11% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$6.67 (up from US$4.55 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Stifel Financial Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 3.1%.

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's shares are up 2.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Stifel Financial you should be aware of.

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