Stifel Financial Q1 EPS $1.45 Beats Forecast

Stifel Financial posted Q1 adjusted EPS of $1.45, topping the $1.37 consensus by $0.08.
Revenue rose 18% YoY to $1.48 billion, beating the $1.44 billion estimate, driven by strong investment banking and record asset‑management fees.
Investment banking revenue jumped 44% YoY, with advisory up 59% and capital raising up 22%; asset‑management revenue hit $459.5 million, up 12%.
The firm repurchased $224.4 million of stock and declared a $0.34 per‑share quarterly dividend, while shares fell 0.33% in after‑hours trading.