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Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 3,361,801 $ 2,199,985
Cash segregated for regulatory purposes 162,048 29,017
Receivables:    
Brokerage clients, net 841,507 924,385
Brokers, dealers, and clearing organizations 414,144 418,091
Securities purchased under agreements to resell 349,849 348,162
Financial instruments owned, at fair value 918,741 731,752
Available-for-sale securities, Fair Value 1,551,686 [1] 1,636,041
Held-to-maturity securities, at amortized cost [2] 5,888,798 5,990,451
Loans:    
Held for investment, net 19,305,805 20,465,092
Held for sale, at lower of cost or market 423,999 156,912
Investments, at fair value 91,105 99,376
Fixed assets, net 191,528 200,043
Operating lease right-of-use assets, net 778,216 775,949
Goodwill 1,388,243 1,326,548
Intangible assets, net 133,279 130,589
Loans and advances to financial advisors and other employees, net 683,486 654,112
Deferred tax assets, net 121,522 159,207
Other assets 1,121,703 950,412
Total assets 37,727,460 37,196,124
Payables:    
Brokerage clients 734,821 770,336
Brokers, dealers, and clearing organizations 231,736 94,954
Drafts 117,688 102,212
Securities sold under agreements to repurchase 417,644 212,011
Bank deposits 27,334,579 27,117,111
Financial instruments sold, but not yet purchased, at fair value 497,741 454,817
Accrued compensation 585,612 677,376
Accounts payable and accrued expenses 1,337,579 1,264,282
Senior notes, net 1,115,629 1,114,554
Debentures to Stifel Financial Capital Trusts 60,000 60,000
Total liabilities 32,433,029 31,867,653
Equity    
Preferred stock - $1 par value; authorized 3,000,000 shares; issued 27,400 shares 685,000 685,000
Common stock - $0.15 par value; authorized 194,000,000 shares; issued 111,662,321 and 111,662,034 shares, respectively 16,749 16,749
Additional paid-in-capital 1,905,097 1,928,069
Retained earnings 3,398,610 3,169,095
Accumulated other comprehensive loss (74,326) (117,960)
Treasury stock, at cost, 10,600,793 and 6,314,033 shares, respectively (636,699) (352,482)
Total equity 5,294,431 5,328,471
Total liabilities and equity $ 37,727,460 $ 37,196,124
[1] Due to the immaterial amount of income recognized on tax-exempt securities, yields were not calculated on a tax-equivalent basis.
[2] Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.