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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows From Operating Activities:      
Net income $ 503,472 $ 449,986 $ 393,968
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 40,863 38,369 27,896
Amortization of loans and advances to financial advisors and other employees 103,983 95,053 85,374
Amortization of premium on investment portfolio 20,739 34,229 25,307
Provision for credit losses and allowance for loans and advances to financial advisors and other employees 33,925 11,007 19,601
Amortization of intangible assets 19,620 16,015 12,557
Deferred income taxes (39,071) (6,863) 14,254
Stock-based compensation 108,217 102,190 100,789
Unrealized losses/(gains) on investments 18,908 (7,922) 22,780
Other, net (10,326) (38,554) (10,723)
Receivables:      
Brokerage clients, net 415,286 (17,487) 182,619
Brokers, dealers, and clearing organizations 78,298 (8,655) (56,467)
Securities purchased under agreements to resell 167,078 314,892 (187,680)
Financial instruments owned, including those pledged 278,904 335,548 (123,765)
Loans originated as held for sale (3,019,290) (1,848,568) (1,341,108)
Proceeds from mortgages held for sale 2,894,742 1,782,455 1,345,109
Loans and advances to financial advisors and other employees (179,995) (210,646) (116,921)
Other assets (117,471) (36,290) (1,562)
Increase/(decrease) in operating liabilities, net of liabilities assumed:      
Brokerage clients 323,493 (210,712) 9,173
Brokers, dealers, and clearing organizations (71,144) 63,822 (16,383)
Drafts (2,021) 14,871 (2,156)
Financial instruments sold, but not yet purchased (224,874) (284,510) 168,443
Other liabilities and accrued expenses 318,480 38,631 (21,579)
Net cash provided by operating activities 1,661,816 626,861 529,526
Cash Flows From Investing Activities:      
Maturities, calls, sales, and principal paydowns of available-for-sale securities 896,746 1,224,619 1,244,434
Calls and principal paydowns of held-to-maturity securities 159,964 482,079 827,905
Sale of equipment     21,699
Sale or maturity of investments 2,139 14,699 24,445
Sale of other real estate owned   8,950  
Disposition of business 37,000    
Increase in loans held for investment, net (1,441,303) (1,208,817) (1,079,546)
Payments for:      
Purchase of available-for-sale securities (864,200) (239,965) (550,162)
Purchase of held-to-maturity securities (384,700) (243,335) (1,352,587)
Purchase of investments (21,317) (37,563) (8,828)
Purchase of fixed assets (73,364) (157,897) (108,207)
Acquisitions, net of cash acquired (280) (193,097) (8,394)
Net cash used in investing activities (1,689,315) (350,327) (989,241)
Cash Flows from Financing Activities:      
Repayments of borrowings, net   (62,810) (216,572)
Repayments of senior notes (300,000)    
Proceeds from issuance of senior notes, net 394,030    
Repayments of Federal Home Loan Bank advances, net (250,000) (290,000) (214,950)
Proceeds from non-controlling interests   26,800 30,000
Proceeds from preferred stock issuance, net 217,995 154,988  
(Decrease)/increase in securities sold under agreements to repurchase (200,679) (168,069) 301,690
Increase/(decrease) in bank deposits, net 2,063,916 (531,032) 1,950,661
(Decrease)/increase in securities loaned (463,210) 114,135 172,380
Tax payments related to shares withheld for stock-based compensation plans (75,838) (33,268) (43,229)
Proceeds from stock option exercises     2,278
Repurchase of common stock (58,261) (215,430) (170,204)
Cash dividends on preferred stock (27,261) (17,319) (9,375)
Cash dividends paid to common stock and equity-award holders (46,497) (41,948) (34,638)
Cash paid to employees upon settlement of equity awards (27,101)    
Extinguishment of Stifel Financial Capital Trust     (7,500)
Payment of contingent consideration (28,221) (9,526) (12,846)
Other   (3,391)  
Net cash provided by/(used in) financing activities 1,198,873 (1,076,870) 1,747,695
Effect of exchange rate changes on cash 6,862 4,932 (5,691)
Increase/(decrease) in cash, cash equivalents, and cash segregated for regulatory purposes 1,178,236 (795,404) 1,282,289
Cash, cash equivalents, and cash segregated for regulatory purposes at beginning of year 1,273,970 2,069,374 787,085
Cash, cash equivalents, and cash segregated for regulatory purposes at end of year 2,452,206 1,273,970 2,069,374
Supplemental disclosure of cash flow information:      
Cash paid for income taxes, net of refunds 160,007 161,926 67,379
Cash paid for interest 84,821 183,012 169,724
Noncash investing and financing activities:      
Unit grants, net of forfeitures $ 125,033 $ 139,408 136,529
Issuance of common stock for acquisitions     $ 110,671