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Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 1,915,767 $ 3,361,801
Cash segregated for regulatory purposes 29,519 162,048
Receivables:    
Brokerage clients, net 916,982 841,507
Brokers, dealers, and clearing organizations 560,984 414,144
Securities purchased under agreements to resell 665,067 349,849
Financial instruments owned, at fair value 1,351,298 918,741
Available-for-sale securities, at fair value 1,618,289 [1] 1,551,686
Held-to-maturity securities, at amortized cost [2] 6,613,793 5,888,798
Loans:    
Held for investment, net 20,167,686 19,305,805
Held for sale, at lower of cost or market 465,739 423,999
Investments, at fair value 93,050 91,105
Fixed assets, net 190,636 191,528
Operating lease right-of-use assets, net 812,659 778,216
Goodwill 1,394,091 1,388,243
Intangible assets, net 117,167 133,279
Loans and advances to financial advisors and other employees, net 702,810 683,486
Deferred tax assets, net 156,439 121,522
Other assets 1,162,528 1,121,703
Total assets 38,934,504 37,727,460
Payables:    
Brokerage clients 668,797 734,821
Brokers, dealers, and clearing organizations 210,267 231,736
Drafts 134,430 117,688
Securities sold under agreements to repurchase 657,984 417,644
Bank deposits 28,120,518 27,334,579
Financial instruments sold, but not yet purchased, at fair value 768,909 497,741
Accrued compensation 613,133 585,612
Lease liabilities, net 872,369 825,529
Accounts payable and accrued expenses 654,605 512,050
Senior notes 616,412 1,115,629
Debentures to Stifel Financial Capital Trusts 60,000 60,000
Total liabilities 33,377,424 32,433,029
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 111,662,525 and 111,662,321 shares, respectively 16,749 16,749
Additional paid-in-capital 1,872,468 1,905,097
Retained earnings 3,617,476 3,398,610
Accumulated other comprehensive loss (40,386) (74,326)
Treasury stock, at cost, 9,349,460 and 10,600,793 shares, respectively (594,227) (636,699)
Total equity 5,557,080 5,294,431
Total liabilities and equity $ 38,934,504 $ 37,727,460
[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.