ST. LOUIS (AP) — ST. LOUIS (AP) — Stifel Financial Corp. (SF) on Wednesday reported net income of $162.5 million in its fourth quarter.
The St. Louis-based company said it had earnings of $1.38 per share. Earnings, adjusted for one-time gains and costs, came to $1.50 per share.
The brokerage and investment banking firm posted revenue of $1.15 billion in the period. Its revenue net of interest expense was $1.15 billion, beating Street forecasts.
For the year, the company reported profit of $522.5 million, or $4.28 per share. Revenue was reported as $4.35 billion.
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