Stifel Financial reported selected operating results for May 31, 2026. Total client assets rose 16% year-over-year to $579.7 billion, while fee-based client assets increased 20% to $238.7 billion, excluding the impact of the Stifel Independent Advisors sale. Bank loans, net, grew 13% from a year ago to $23.9 billion, and treasury deposits surged 76% to $10.8 billion. Chairman and CEO Ronald J. Kruszewski noted that investment banking momentum remains strong, with second-quarter investment banking revenue expected to increase 25% to 30% from the second quarter of 2025.
Stifel Financial CorporationStifel reported strong operating data and expects 25-30% growth in investment banking revenue.