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Stifel Financial SF Global Wealth Management — Labor And Related Expense

Other segment segments

Institutional Group
$285.5M+10.8%
All Other Segments
$86.93M-10.4%

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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$12.78B+11.8%
Enterprise value$12.04B+8.9%
P/E13.4×-5.3×
P/S2.2×-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:LaborAndRelatedExpense.

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, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest expense187,975206,800375,466420,357
Net revenues1,450,8041,284,2862,928,9652,539,755
Non-interest expenses:
Compensation and benefits833,018774,9361,681,3521,507,156
Occupancy and equipment rental100,55595,678200,250186,444
Communications and office supplies46,34147,84797,36297,360
Commissions and floor brokerage15,03917,14630,08033,952
Provision for credit losses12,5388,32819,07320,348

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Stifel Financial's global wealth management — labor and related expense?
Stifel Financial (SF) reported global wealth management — labor and related expense of $460.58M in Q2 2026.
How has Stifel Financial's global wealth management — labor and related expense changed year-over-year?
Stifel Financial's global wealth management — labor and related expense increased by 9.6% year-over-year, from $420.24M to $460.58M.
What is the long-term trend for Stifel Financial's global wealth management — labor and related expense?
Over 3 years (2022 to 2025), Stifel Financial's global wealth management — labor and related expense has grown at a 8.6% compound annual growth rate (CAGR), from $1.37B to $1.75B.
What does global wealth management — labor and related expense mean?
This represents the total costs associated with compensation, benefits, and incentives for employees within the wealth management segment, including financial advisors. It is typically the largest operating expense for wealth management businesses.

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