Quarterly Financial Information (Tables)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

	Year Ended December 31, 2019
($ in thousands, except per share amounts)	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Operating revenues	$	628,797	$	665,738	$	686,932	$	808,612
Interest income		191,071		187,940		178,784		167,087
Total revenues		819,868		853,678		865,716		975,699
Interest expense		49,448		52,891		44,144		31,448
Net revenues		770,420		800,787		821,572		944,251
Total non-interest expenses		632,611		652,805		670,818		781,658
Income before income tax expense		137,809		147,982		150,754		162,593
Provision for income taxes		38,370		38,225		40,632		31,925
Net income		99,439		109,757		110,122		130,668
Net income applicable to non-controlling interests		232		672		708		(22	)
Net income applicable to Stifel Financial Corp.		99,207		109,085		109,414		130,690
Preferred dividends		2,344		5,288		4,844		4,843
Net income available to common shareholders	$	96,863	$	103,797	$	104,570	$	125,847
Earnings per common share:
Basic	$	1.35	$	1.43	$	1.47	$	1.79
Diluted	$	1.22	$	1.31	$	1.34	$	1.62
Cash dividends declared per common share	$	0.15	$	0.15	$	0.15	$	0.15
Weighted-average number of common shares outstanding:
Basic		71,700		72,519		71,197		70,470
Diluted		79,210		79,079		78,144		77,813

	Year Ended December 31, 2018
($ in thousands, except per share amounts)	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Operating revenues	$	639,077	$	625,590	$	617,050	$	666,791
Interest income		137,734		154,421		169,760		184,534
Total revenues		776,811		780,011		786,810		851,325
Interest expense		26,453		37,279		48,468		57,876
Net revenues		750,358		742,732		738,342		793,449
Total non-interest expenses		630,804		624,385		597,812		637,518
Income before income tax expense		119,554		118,347		140,530		155,931
Provision for income taxes		30,793		31,060		36,672		41,869
Net income		88,761		87,287		103,858		114,062
Preferred dividends		2,344		2,344		2,343		2,344
Net income available to common shareholders	$	86,417	$	84,943	$	101,515	$	111,718
Earnings per common share:
Basic	$	1.20	$	1.18	$	1.41	$	1.56
Diluted	$	1.06	$	1.04	$	1.25	$	1.38
Cash dividends declared per common share	$	0.12	$	0.12	$	0.12	$	0.12
Weighted-average number of common shares outstanding:
Basic		71,999		71,692		71,919		71,666
Diluted		81,789		81,299		81,484		80,706