XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 1,555,146 $ 1,963,326
Cash segregated for regulatory purposes 169,337 186,331
Receivables:    
Brokerage clients, net 1,320,242 1,152,877
Brokers, dealers, and clearing organizations 682,675 574,256
Securities purchased under agreements to resell 807,664 579,866
Financial instruments owned, at fair value 1,279,636 1,157,004
Available-for-sale securities, at fair value 1,926,144 [1] 2,113,893
Held-to-maturity securities, at amortized cost [2] 5,316,296 5,348,558
Loans:    
Held for investment, net 17,592,841 16,627,847
Held for sale, at lower of cost or market 315,427 207,715
Investments, at fair value 113,302 117,804
Fixed assets, net 169,159 168,206
Operating lease right-of-use assets, net 759,574 750,734
Goodwill 1,309,292 1,306,892
Intangible assets, net 140,627 148,157
Loans and advances to financial advisors and other employees, net 666,675 653,955
Deferred tax assets, net 109,830 111,283
Other assets 853,831 881,011
Total assets 35,087,698 34,049,715
Payables:    
Brokerage clients 909,429 971,924
Brokers, dealers, and clearing organizations 597,128 257,729
Drafts 89,228 122,617
Securities sold under agreements to repurchase 530,195 385,528
Bank deposits 24,195,626 23,280,348
Financial instruments sold, but not yet purchased, at fair value 941,415 756,150
Accrued compensation 391,243 932,804
Accounts payable and accrued expenses 1,177,343 1,134,178
Federal Home Loan Bank advances 28,000 0
Senior notes 1,113,747 1,113,478
Debentures to Stifel Financial Capital Trusts 60,000 60,000
Total liabilities 30,033,354 29,014,756
Stifel Financial Corp. shareholders' equity:    
Preferred stock - $1 par value; authorized 3,000,000 shares; issued 27,400 shares 685,000 685,000
Common stock - $0.15 par value; authorized 194,000,000 shares; issued 111,661,834 and 111,661,763 shares, respectively 16,749 16,749
Additional paid-in-capital 1,852,276 1,922,382
Retained earnings 2,834,224 2,757,208
Accumulated other comprehensive income/(loss) (62,604) 4,718
Treasury stock, at cost, 5,036,158 and 7,162,850 shares, respectively (271,301) (351,098)
Total equity 5,054,344 5,034,959
Total liabilities and equity $ 35,087,698 $ 34,049,715
[1] Due to the immaterial amount of income recognized on tax-exempt securities, yields were not calculated on a tax-equivalent basis.
[2] Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.