| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 73 | 13.5x | 17.8x | Top tier | |
Growth | 41 | 11.0% | 7.1% | Around median | |
Quality | 85 | — | — | Top tier | |
Safety | 20 | — | — | Bottom tier | |
Capital Return | 76 | 2.38% | 2.12% | Top tier | |
Momentum | 65 | 10.3% | 2.9% | Around median | |
Sentiment | 62 | 5 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Stifel Financial Corp operates through two interconnected platforms: Global Wealth Management, which generates revenue from asset management, transactions, and net interest income, and the Institutional Group, which provides investment banking advisory, capital raising, underwriting, and equity and fixed-income transaction services. In fiscal Q2 2026, Wealth Management generated record revenue of $957 million, while the Institutional Group recorded $481 million, showing that Wealth Management is the larger revenue source, with an important and more cyclical contribution from institutional services.
According to EDGAR filings, fiscal Q2 2026 revenue was approximately $1.6 billion, net income was $226.5 million, and earnings per share were $1.34, compared with revenue of $1.7 billion, net income of $251.4 million, and earnings per share of $1.48 in fiscal Q1 2026. On a non-GAAP basis, the company reported net revenue of $1.45 billion, up 13% year over year, and earnings per share of $1.42, up 25%, with a return on tangible common equity of approximately 24% and a compensation-to-revenue ratio of 57%.
Net revenue for the first half of fiscal 2026 reached a record $2.9 billion, exceeding the previous record by 15%, while earnings per share reached a record $2.87, up 28% from the previous record. The Institutional Group's pre-tax margin improved to 19.5% from 11% in the corresponding period, while tangible book value per share increased 15% year over year, reflecting the benefit to earnings from revenue growth and the efficiency measures implemented during 2025.
The analyst consensus is Buy, with an average target of $90 and identical high and low targets of $90; this target is slightly above the 52-week range high of $89.82667, while the range low is $67.81. No usable price-to-earnings multiple was provided, but management compared Stifel's valuation of approximately 8 times with financial-services transaction valuations of 15 to 18 times, which supported its preference for share repurchases over high-priced acquisitions. Conversely, the absence of dispersion among analyst targets and the target's proximity to the 52-week range high make the valuation dependent on continued growth in investment banking, net interest income, and efficiency improvements.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Stifel combines Global Wealth Management and institutional services, including asset management, transactions, net interest income, advisory, and capital raising. In fiscal Q2 2026, Wealth Management generated record revenue of $957 million, compared with $481 million for the Institutional Group. Company-wide investment banking revenue was $332 million, including $157 million from advisory and $102 million from capital raising.
According to EDGAR, the company recorded revenue of $1.6 billion, net income of $226.5 million, and earnings per share of $1.34 in fiscal Q2 2026. On a non-GAAP basis, net revenue was $1.45 billion and earnings per share were $1.42, year-over-year increases of 13% and 25%. Return on tangible common equity was approximately 24%, while the compensation ratio declined sequentially to 57%.
Stifel increased its loan book by $2.6 billion in fiscal Q2 2026, including $2 billion in fund loans. Management is targeting growth of up to $4 billion during fiscal 2026, with net interest income guidance of $290–300 million for fiscal Q3 2026. The company also had more than $3 billion in off-balance-sheet project deposits available and expected additional quarterly growth of $1 billion in these deposits.
Automated analysis for informational purposes only — not investment advice.
Investment banking revenue increased 42% year over year to $332 million in fiscal Q2 2026. Advisory revenue grew 24% to $157 million, while capital raising surged 121% to $102 million, with activity in healthcare, industrials, energy, and financial services. However, the $23 million outperformance versus expectations benefited from a large transaction that closed near the end of the quarter, while financial sponsor activity remained below historical levels.
Management believes artificial intelligence improves the productivity of bankers, analysts, and advisors rather than replacing human judgment and client relationships. The company plans to use it for tasks such as comparing marketing materials against FINRA and SEC rules, analyzing more opportunities, and expanding research analyst coverage. However, management acknowledged on the July 22, 2026 call that there are costs for computational tokens and that fee pressure continues, while competition for advisor recruitment and hiring packages remained elevated.
The company deployed more than $500 million in fiscal Q2 2026 through investment in the business, share repurchases, and dividends. It repurchased 2.4 million shares during the quarter, with 7.8 million shares remaining under the authorization, while funding loan growth of $2.6 billion. Afterward, excess capital was approximately $480 million based on a Tier 1 leverage target of 10%, while the actual leverage ratio was 11.2%.
