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Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Revenue from contracts with customers $ 559,517 $ 531,349 $ 1,075,855 $ 1,073,005
Principal transactions 96,464 88,984 200,496 186,766
Interest 187,940 154,421 379,011 292,155
Other income 13,505 9,073 25,714 12,430
Total revenues 853,678 780,011 1,673,546 1,556,822
Interest expense 52,891 37,279 102,339 63,732
Net revenues [1] 800,787 742,732 1,571,207 1,493,090
Non-interest expenses        
Compensation and benefits 466,861 442,170 924,975 900,063
Occupancy and equipment rental 61,055 53,596 119,917 111,191
Communications and office supplies 35,069 36,639 70,766 70,138
Commissions and floor brokerage 11,008 10,095 21,964 19,460
Other operating expenses 78,812 81,885 147,794 154,337
Total non-interest expenses 652,805 624,385 1,285,416 1,255,189
Income from operations before income tax expense 147,982 118,347 285,791 237,901
Provision for income taxes 38,225 31,060 76,595 61,853
Net income 109,757 87,287 209,196 176,048
Net income applicable to non-controlling interests 672   904  
Net income applicable to Stifel Financial Corp. 109,085 87,287 208,292 176,048
Preferred dividends 5,288 2,344 7,632 4,688
Net income available to common shareholders $ 103,797 $ 84,943 $ 200,660 $ 171,360
Earnings per common share        
Basic $ 1.43 $ 1.18 $ 2.74 $ 2.39
Diluted 1.31 1.04 2.53 2.10
Cash dividends declared per common share $ 0.15 $ 0.12 $ 0.30 $ 0.24
Weighted-average number of common shares outstanding        
Basic 72,519 71,692 73,180 71,843
Diluted 79,079 81,299 79,160 81,548
Commissions [Member]        
Revenues        
Revenue from contracts with customers $ 164,981 $ 166,902 $ 320,430 $ 332,677
Investment Banking [Member]        
Revenues        
Revenue from contracts with customers 179,617 161,063 341,457 337,425
Asset Management and Service Fees [Member]        
Revenues        
Revenue from contracts with customers $ 211,171 $ 199,568 $ 406,438 $ 395,369
[1] No individual client accounted for more than 10 percent of total net revenues for the three and six months ended June 30, 2019 or 2018.