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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 3,184,905 $ 2,648,308
Cash segregated for regulatory purposes 31,851 29,895
Receivables:    
Brokerage clients, net 1,021,905 897,363
Brokers, dealers, and clearing organizations 777,443 486,465
Securities purchased under agreements to resell 525,621 528,976
Financial instruments owned, at fair value 1,540,478 1,169,008
Available-for-sale securities, at fair value 1,688,636 1,584,598
Held-to-maturity securities, at amortized cost [1] 6,458,002 6,524,954
Loans:    
Held for investment, net 21,039,173 20,731,796
Held for sale, at lower of cost or fair value 595,517 578,980
Investments, at fair value 80,267 75,358
Fixed assets, net 198,178 193,156
Operating lease right-of-use assets, net 794,443 809,174
Goodwill 1,482,342 1,395,218
Intangible assets, net 110,381 113,574
Loans and advances to financial advisors and other employees, net 750,755 682,196
Deferred tax assets, net 191,032 152,378
Other assets 1,216,431 1,294,143
Total assets 41,687,360 39,895,540
Payables:    
Brokerage clients 666,439 468,773
Brokers, dealers, and clearing organizations 432,631 215,249
Drafts 102,241 126,770
Securities sold under agreements to repurchase 747,301 580,170
Bank deposits 30,137,748 29,102,227
Financial instruments sold, but not yet purchased, at fair value 806,120 646,271
Accrued compensation 743,748 790,194
Lease liabilities, net 858,346 867,426
Accounts payable and accrued expenses 764,415 735,072
Senior notes 617,236 616,618
Debentures to Stifel Financial Capital Trusts 55,000 60,000
Total liabilities 35,931,225 34,208,770
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 111,662,735 and 111,662,571 shares, respectively 16,749 16,749
Additional paid-in-capital 1,869,971 1,895,568
Retained earnings 3,961,129 3,794,609
Accumulated other comprehensive loss (25,846) (75,638)
Treasury stock, at cost, 9,715,210 and 9,491,204 shares, respectively (750,868) (629,518)
Total equity 5,756,135 5,686,770
Total liabilities and equity $ 41,687,360 $ 39,895,540
[1] 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.