Analyst Consensus ?
ConsensusBuy23 ratings
Bullish1356.5%
Neutral1043.5%
Bearish00.0%
Stifel Financial Corp · SF · FY2024 Q4 · Calendar Q1 2025
Stifel Q4 2024: Record Revenue, Raised 2025 Outlook
Stifel’s Q4 2024 analysis supports a constructive but conditional outlook: record results, deposit growth, investment-banking momentum, and acquisitions broaden the growth base, while compensation leverage, institutional normalization, funding, credit provisions, and integration remain the key tests.
Reported Before market openNYSEFinancial Services
$10.07B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $1.95
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $1.28B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+2.0%
Event window
SPY move
-0.4%
Same window
Abnormal move
+2.4%
Stock minus SPY
Volume
1.7×
Versus trailing sessions
Subsequent drift
-11.5%
Up to 20 sessions
SFSPY benchmark
Ask FN2 about SF FY2024 Q4
Transcript, numbers and history already loaded
What drove SF's +2.0% move after FY2024 Q4 earnings?What changed in SF's guidance and outlook in FY2024 Q4?Give me the bull and bear case for SF after FY2024 Q4 earnings.
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Transcript intelligence
What changed
Compared with the prior quarter, the analysis shows a raised guidance stance, a stronger emphasis on acquisitions and balance-sheet expansion, and a more explicit 2025 growth plan. The current quarter also adds a 10% dividend increase and highlights the rebound in institutional revenue alongside continued wealth-management momentum.
Guidance delta
Management guidance sentiment moved from maintained in the prior quarter to raised for 2025, with a revenue range of $5.25–$5.75 billion and net interest income guidance of $1.1–$1.2 billion.
Key takeaways
- Global Wealth Management led a record 2024, while institutional revenue and margins rebounded.
- Deposit growth across client sweep, Smart Rate, and venture deposits supports future net interest income.
- The 2025 plan combines balance-sheet growth, adviser hiring, acquisitions, and continued capital deployment.
- The central test is whether growth and acquisitions translate into durable operating leverage without renewed margin or credit pressure.
Management priorities
- Integrate the Bryan Garnier and B. Riley transactions while adding advisers and capabilities.
- Expand commercial deposits, the balance sheet, and the wealth-management recruiting pipeline.
- Deploy excess capital through dividends, repurchases, and strategic investments.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$66.68Previous close
$59.33Low
$75.94Average
$99.33High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 26, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Buy | Buy | Maintain | Oct 22, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Oct 22, 2026 |
| TD Cowen | Hold | Hold | Maintain | Oct 12, 2026 |
| BMO Capital | Market Perform | Market Perform | Maintain | Oct 6, 2026 |
| Citizens | Market Outperform | Market Outperform | Maintain | Jan 12, 2026 |
| JMP Securities | Market Outperform | Market Outperform | Maintain | Oct 9, 2025 |
| Citigroup | Buy | Neutral | Upgrade | Jul 31, 2025 |
| Wells Fargo | Overweight | Overweight | Maintain | Jul 11, 2025 |
| Goldman Sachs | Neutral | Neutral | Maintain | Apr 3, 2025 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Jul 22, 2024 |
| Credit Suisse | Neutral | Neutral | Maintain | Apr 28, 2021 |
| Compass Point | Buy | Buy | Maintain | May 30, 2019 |
| Nomura | Buy | Buy | Maintain | Feb 1, 2018 |
| Nomura Instinet | Buy | Neutral | Upgrade | Jan 3, 2018 |
| Instinet | Buy | Neutral | Upgrade | Jan 3, 2018 |
| Macquarie | Outperform | Outperform | Maintain | Sep 9, 2016 |
| Susquehanna | Neutral | Neutral | Maintain | Jul 15, 2015 |
| MKM Partners | Buy | Buy | Maintain | Mar 19, 2015 |
| Raymond James | Outperform | Market Perform | Upgrade | Aug 28, 2013 |
| Sidoti & Co. | Buy | Buy | Maintain | Aug 19, 2013 |
| Davenport | Neutral | Buy | Downgrade | Jun 13, 2013 |
| Bank oferica | Neutral | Neutral | Maintain | May 10, 2012 |
| B of A Securities | Neutral | Neutral | Maintain | May 10, 2012 |
Named analyst price targets
Upside is calculated against the persisted previous close $66.68. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| UBS | Analyst unavailable | $83 | $66.35 | +24.5% | Oct 22, 2026 |
| UBS | Michael Brown | $84 | $70.12 | +26.0% | Oct 7, 2026 |
| Capital One Financial | Analyst unavailable | $75 | $71.13 | +12.5% | Oct 6, 2026 |
| UBS | Analyst unavailable | $90 | $80.19 | +35.0% | Jul 23, 2026 |
| UBS | Michael Brown | $86 | $73.42 | +29.0% | Jul 8, 2026 |
| UBS | Analyst unavailable | $89 | $76.92 | +33.5% | Apr 8, 2026 |
| Stifel Nicolaus | Analyst unavailable | $92 | $86.13 | +38.0% | Jan 14, 2026 |
| Wolfe Research | Steven Chubak | $99.33 | $86.89 | +49.0% | Jan 7, 2026 |
| UBS | Michael Brown | $100 | $86.66 | +50.0% | Dec 11, 2025 |
| UBS | Analyst unavailable | $90 | $74.49 | +35.0% | Oct 9, 2025 |
| Stifel Nicolaus | Analyst unavailable | $87.33 | $73.99 | +31.0% | Oct 8, 2025 |
| Stifel Nicolaus | Analyst unavailable | $90 | $76.74 | +35.0% | Jul 31, 2025 |
| Wells Fargo | Michael Brown | $75.33 | $67.48 | +13.0% | Oct 24, 2024 |
| JMP Securities | Devin Ryan | $73.33 | $63.35 | +10.0% | Oct 9, 2024 |
| Citigroup | Christopher Allen | $68 | $61.94 | +2.0% | Sep 27, 2024 |
| Goldman Sachs | Alexander Blostein | $62.67 | $61.89 | -6.0% | Sep 25, 2024 |
| Stifel Nicolaus | Bill Katz | $59.33 | $54.94 | -11.0% | Jul 8, 2024 |
| Stifel Nicolaus | Analyst unavailable | $20.67 | $44.42 | -69.0% | Feb 7, 2023 |
| Stifel Nicolaus | Analyst unavailable | $46.67 | $44.42 | -30.0% | Feb 7, 2023 |
| Stifel Nicolaus | Analyst unavailable | $66 | $44.81 | -1.0% | Feb 3, 2023 |
| Stifel Nicolaus | Analyst unavailable | $62.29 | $20.05 | -6.6% | Feb 2, 2023 |
| Stifel Nicolaus | Analyst unavailable | $74.71 | $29.91 | +12.0% | Feb 1, 2023 |
| Stifel Nicolaus | Analyst unavailable | $62 | $41.84 | -7.0% | Jan 13, 2023 |
| JMP Securities | Analyst unavailable | $63.33 | $40.29 | -5.0% | Jan 10, 2023 |
| Stifel Nicolaus | Analyst unavailable | $33.33 | $40.29 | -50.0% | Jan 10, 2023 |
| Stifel Nicolaus | Analyst unavailable | $17.33 | $39.77 | -74.0% | Jan 3, 2023 |
| Stifel Nicolaus | Analyst unavailable | $50.67 | $39.8 | -24.0% | Jan 3, 2023 |
| Stifel Nicolaus | Analyst unavailable | $28.67 | $38.47 | -57.0% | Dec 22, 2022 |
| Stifel Nicolaus | Analyst unavailable | $60.67 | $38.25 | -9.0% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $50.42 | $17.02 | -24.4% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $54.67 | $38.25 | -18.0% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $42.67 | $38.25 | -36.0% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $30 | $38.25 | -55.0% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $36 | $38.25 | -46.0% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $56.67 | $38.25 | -15.0% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $38 | $38.25 | -43.0% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $51.14 | $25.51 | -23.3% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $50.72 | $17.02 | -23.9% | Dec 19, 2022 |
| Stifel Nicolaus | Analyst unavailable | $19.33 | $40.17 | -71.0% | Dec 14, 2022 |
| Stifel Nicolaus | Analyst unavailable | $22 | $40.4 | -67.0% | Dec 14, 2022 |
| Stifel Nicolaus | Analyst unavailable | $65.33 | $40.69 | -2.0% | Dec 13, 2022 |
| Stifel Nicolaus | Analyst unavailable | $51.81 | $27.14 | -22.3% | Dec 12, 2022 |
| Stifel Nicolaus | Analyst unavailable | $18.67 | $40.03 | -72.0% | Dec 9, 2022 |
| Stifel Nicolaus | Analyst unavailable | $40 | $40.13 | -40.0% | Dec 8, 2022 |
| Stifel Nicolaus | Analyst unavailable | $50 | $41.03 | -25.0% | Dec 6, 2022 |
| Stifel Nicolaus | Analyst unavailable | $45.33 | $42.99 | -32.0% | Dec 2, 2022 |
| Stifel Nicolaus | Analyst unavailable | $32 | $43.07 | -52.0% | Dec 2, 2022 |
| Stifel Nicolaus | Analyst unavailable | $53.36 | $28.18 | -20.0% | Nov 30, 2022 |
| Stifel Nicolaus | Analyst unavailable | $53.33 | $42.28 | -20.0% | Nov 29, 2022 |
| Stifel Nicolaus | Analyst unavailable | $24 | $42.75 | -64.0% | Nov 28, 2022 |
| Stifel Nicolaus | Analyst unavailable | $26.67 | $41.73 | -60.0% | Nov 17, 2022 |
| Stifel Nicolaus | Analyst unavailable | $51.91 | $18.64 | -22.2% | Nov 17, 2022 |
| Stifel Nicolaus | Analyst unavailable | $69.81 | $29.14 | +4.7% | Nov 16, 2022 |
| Stifel Nicolaus | Analyst unavailable | $25.33 | $43.43 | -62.0% | Nov 14, 2022 |
| JMP Securities | Analyst unavailable | $68.67 | $43.15 | +3.0% | Apr 28, 2022 |
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Start freeCompany context
Snapshot as of publicationStifel Financial Corp. operates as the bank holding company for Stifel, Nicolaus & Company, Incorporated that provides retail and institutional wealth management, and investment banking services to individual, corporations, municipalities, and institutions in the United States, the United Kingdom, Canada, and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.…
Historical context
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Missed on EPS
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-01-23T15:48:13.726964+00:00
- Polygon adjusted daily market bars · 2026-10-26T11:30:47.317830+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-26T11:30:47.315043+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-26. For educational purposes only; not investment advice.