Stifel Financial Corp. - 2/14/07 Investor Presentation

EX-99.2 2 r8k_20070214exh992.htm 2006 4TH QUARTER EARNINGS RELEASE Stifel Financial Corp. - 2/14/07 Investor Presentation

4th Quarter 2006 Fiscal Year Earnings Conference Call February 14, 2007

Forward looking statement This presentation may contain "forward-looking statements" that involve risks and uncertainties, including statements relating to the market opportunity and future business prospects of Stifel Financial Corp. and Stifel Nicolaus ("SF" or the "Company"). Actual results may differ materially and reported results should not be considered as an indication of future performance. Factors that could cause actual results to differ are included in the Company's Annual and Quarterly Reports and from time to time in other reports filed by the Company with the Securities and Exchange Commission. To supplement our financial statements presented in accordance with GAAP, the management uses certain non-GAPP measures of financial performance and liquidity. These non-GAAP measures are in addition to results prepared by the Company in accordance with GAAP, and should only be considered together with the Company's GAAP results. Certain statements in the following presentation relate to future results that are forward- looking statements as defined in the Private Securities Litigation Reform Act of 1995.

4th Quarter Update 2006

4th Quarter Highlights Our PCG, ECM, and FICM achieved record revenue and profits for the twelve-months ended December 31, 2006. Record fourth quarter revenue of $135.2 million, a 73% increase over the prior year fourth quarter. Record twelve month revenue of $471.4 million, a 75% increase over the prior year. Investment banking revenue increased 114% to $31.7 million over the prior year fourth quarter, and increased 48% for the twelve months as compared to 2005. Asset management and service fees increased 24% to $15.4 million over the prior year fourth quarter, and increased 33% for the twelve months as compared to 2005. We closed on the acquisition of the private client business of Miller Johnson Steichen and Kinnard on December 5, 2006 which added 50 investment executives to our PCG, which brings our number of PCG investment executives we employ including independent contractors to 735. For the twelve months ended December 31, 2006, utilizing Core earnings, pretax margin was 15% and return on average equity totaled 20%.