{"id":751269,"date":"2023-04-26T07:15:29","date_gmt":"2023-04-26T11:15:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-reports-first-quarter-2023-results\/"},"modified":"2023-04-26T07:15:29","modified_gmt":"2023-04-26T11:15:29","slug":"stifel-reports-first-quarter-2023-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stifel-reports-first-quarter-2023-results\/","title":{"rendered":"Stifel Reports First Quarter 2023 Results"},"content":{"rendered":"
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ST. LOUIS, April 26, 2023 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today reported net revenues of $1.1 billion for the three months ended March 31, 2023, compared with $1.1 billion a year ago. Net income available to common shareholders was $148.2 million, or $1.28 per diluted common share, compared with $164.2 million, or $1.39 per diluted common share for the first quarter of 2022. Non-GAAP net income available to common shareholders of $161.3 million, or $1.40 per diluted common share for the first quarter of 2023.<\/p>\n

\n Ronald J. Kruszewski<\/strong>, Chairman and Chief Executive Officer, said, \u201cStifel had a strong quarter led by record results in Global Wealth Management. More importantly, the quality of our franchise was on display as our balance sheet did not face the same issues that plagued many regional banks. Although the market outlook remains uncertain, I am confident that the diversity of our business model and our conservative approach will enable Stifel to continue to generate strong results in ever changing market conditions.\u201d <\/em><\/p>\n

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