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Stifel Financial SF Accretion (Amortization) of Discounts and Premiums, Investments

Accretion (Amortization) of Discounts and Premiums, Investments at other companies

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-$630K+38.7%
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Other financials

Income statement

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Revenue$1.5B+13.0%
Net income$226.5M+46.1%
EPS (diluted)$1.34+50.6%

Balance sheet

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Cash & equivalents$2.2B+18.0%
Total debt$1.5B-2.5%
Total equity$6.0B+7.4%
Total assets$44.9B+12.7%

Cash flow

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Operating cash flow-$342.6M-62.2%
CapEx$14.8M-0.3%
Free cash flow-$390.4M-71.4%

Valuation

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Market cap$12.6B+11.3%
Enterprise value$11.86B+8.3%
P/E13.2×-5.3×
P/S2.1×-0.1×

Profitability

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Net margin16.1%+4.2pp
FCF margin15.5%-0.5pp

Returns & leverage

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Return on equity16.4%+5.3pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Stifel Financial in its filing.

Tagged under the XBRL concept us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

The source filing: Stifel Financial’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 8:27 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-333953
(in thousands)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:
Depreciation and amortization31,01230,281
Amortization of loans and advances to financial advisors and other employees75,86370,918
Amortization of premium on investment portfolio2,8003,660
Provision for credit losses19,07320,348
Amortization of intangible assets19,09910,937
Deferred income taxes14,234(42,923)
Stock-based compensation111,85293,481

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Stifel Financial's accretion (amortization) of discounts and premiums, investments?
Stifel Financial (SF) reported accretion (amortization) of discounts and premiums, investments of -$1.37M in Q2 2026.
How has Stifel Financial's accretion (amortization) of discounts and premiums, investments changed year-over-year?
Stifel Financial's accretion (amortization) of discounts and premiums, investments increased by 29.2% year-over-year, from -$1.93M to -$1.37M.
What is the long-term trend for Stifel Financial's accretion (amortization) of discounts and premiums, investments?
Over 4 years (2021 to 2025), Stifel Financial's accretion (amortization) of discounts and premiums, investments has grown at a -20.0% compound annual growth rate (CAGR), from -$17.04M to -$6.97M.
What does accretion (amortization) of discounts and premiums, investments mean?
This represents the non-cash adjustment to the carrying value of investment securities purchased at a price different from their face value. It aligns the interest income recognized on the income statement with the actual cash yield over the life of the security.

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