Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Computation Of Basic And Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2021, 2020, and 2019 (in thousands, except per share data):

	Year Ended December 31,
	2021		2020		2019
Net income applicable to Stifel Financial Corp.	$	824,858	$	503,472	$	448,396
Preferred dividends		35,587		27,261		17,319
Net income available to common shareholders	$	789,271	$	476,211	$	431,077
Shares for basic and diluted calculation:
Average shares used in basic computation		107,536		106,174		107,997
Dilutive effect of stock options and units (1)		10,994		8,399		9,881
Average shares used in diluted computation		118,530		114,573		117,878
Earnings per common share:
Basic	$	7.34	$	4.49	$	3.99
Diluted	$	6.66	$	4.16	$	3.66

(1)Diluted earnings per share is computed on the basis of the weighted-average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Diluted earnings per share include units.