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Quarterly Financial Information | 12 Months Ended
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Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information | NOTE 31 – Quarterly Financial Information (Unaudited)
|  | Year Ended December 31, 2019 |
($ in thousands, except per share amounts) |  | 1st Quarter |  |  | 2nd Quarter |  |  | 3rd Quarter |  |  | 4th Quarter |
Operating revenues |  | $ | 628,797 |  |  | $ | 665,738 |  |  | $ | 686,932 |  |  | $ | 808,612 |
Interest income |  |  | 191,071 |  |  |  | 187,940 |  |  |  | 178,784 |  |  |  | 167,087 |
Total revenues |  |  | 819,868 |  |  |  | 853,678 |  |  |  | 865,716 |  |  |  | 975,699 |
Interest expense |  |  | 49,448 |  |  |  | 52,891 |  |  |  | 44,144 |  |  |  | 31,448 |
Net revenues |  |  | 770,420 |  |  |  | 800,787 |  |  |  | 821,572 |  |  |  | 944,251 |
Total non-interest expenses |  |  | 632,611 |  |  |  | 652,805 |  |  |  | 670,818 |  |  |  | 781,658 |
Income before income tax expense |  |  | 137,809 |  |  |  | 147,982 |  |  |  | 150,754 |  |  |  | 162,593 |
Provision for income taxes |  |  | 38,370 |  |  |  | 38,225 |  |  |  | 40,632 |  |  |  | 31,925 |
Net income |  |  | 99,439 |  |  |  | 109,757 |  |  |  | 110,122 |  |  |  | 130,668 |
Net income applicable to non-controlling interests |  |  | 232 |  |  |  | 672 |  |  |  | 708 |  |  |  | (22 | )
Net income applicable to Stifel Financial Corp. |  |  | 99,207 |  |  |  | 109,085 |  |  |  | 109,414 |  |  |  | 130,690 |
Preferred dividends |  |  | 2,344 |  |  |  | 5,288 |  |  |  | 4,844 |  |  |  | 4,843 |
Net income available to common shareholders |  | $ | 96,863 |  |  | $ | 103,797 |  |  | $ | 104,570 |  |  | $ | 125,847 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.35 |  |  | $ | 1.43 |  |  | $ | 1.47 |  |  | $ | 1.79 |
Diluted |  | $ | 1.22 |  |  | $ | 1.31 |  |  | $ | 1.34 |  |  | $ | 1.62 |
Cash dividends declared per common share |  | $ | 0.15 |  |  | $ | 0.15 |  |  | $ | 0.15 |  |  | $ | 0.15 |
Weighted-average number of common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 71,700 |  |  |  | 72,519 |  |  |  | 71,197 |  |  |  | 70,470 |
Diluted |  |  | 79,210 |  |  |  | 79,079 |  |  |  | 78,144 |  |  |  | 77,813 |
|  | Year Ended December 31, 2018 |
($ in thousands, except per share amounts) |  | 1st Quarter |  |  | 2nd Quarter |  |  | 3rd Quarter |  |  | 4th Quarter |
Operating revenues |  | $ | 639,077 |  |  | $ | 625,590 |  |  | $ | 617,050 |  |  | $ | 666,791 |
Interest income |  |  | 137,734 |  |  |  | 154,421 |  |  |  | 169,760 |  |  |  | 184,534 |
Total revenues |  |  | 776,811 |  |  |  | 780,011 |  |  |  | 786,810 |  |  |  | 851,325 |
Interest expense |  |  | 26,453 |  |  |  | 37,279 |  |  |  | 48,468 |  |  |  | 57,876 |
Net revenues |  |  | 750,358 |  |  |  | 742,732 |  |  |  | 738,342 |  |  |  | 793,449 |
Total non-interest expenses |  |  | 630,804 |  |  |  | 624,385 |  |  |  | 597,812 |  |  |  | 637,518 |
Income before income tax expense |  |  | 119,554 |  |  |  | 118,347 |  |  |  | 140,530 |  |  |  | 155,931 |
Provision for income taxes |  |  | 30,793 |  |  |  | 31,060 |  |  |  | 36,672 |  |  |  | 41,869 |
Net income |  |  | 88,761 |  |  |  | 87,287 |  |  |  | 103,858 |  |  |  | 114,062 |
Preferred dividends |  |  | 2,344 |  |  |  | 2,344 |  |  |  | 2,343 |  |  |  | 2,344 |
Net income available to common shareholders |  | $ | 86,417 |  |  | $ | 84,943 |  |  | $ | 101,515 |  |  | $ | 111,718 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.20 |  |  | $ | 1.18 |  |  | $ | 1.41 |  |  | $ | 1.56 |
Diluted |  | $ | 1.06 |  |  | $ | 1.04 |  |  | $ | 1.25 |  |  | $ | 1.38 |
Cash dividends declared per common share |  | $ | 0.12 |  |  | $ | 0.12 |  |  | $ | 0.12 |  |  | $ | 0.12 |
Weighted-average number of common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 71,999 |  |  |  | 71,692 |  |  |  | 71,919 |  |  |  | 71,666 |
Diluted |  |  | 81,789 |  |  |  | 81,299 |  |  |  | 81,484 |  |  |  | 80,706 |

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- References No definition available. + Details
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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