Benzinga | Oct 27, 2020 04:32PM EDT

Recap: Stifel Financial Q3 Earnings

Shares of Stifel Financial (NYSE:SF) rose 0.5% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 6.00% over the past year to $1.59, which beat the estimate of $1.33.

Revenue of $883,300,000 up by 7.51% year over year, which beat the estimate of $852,060,000.

Guidance

Stifel Financial hasn't issued any earnings guidance for the time being.

Stifel Financial hasn't issued any revenue guidance for the time being.

Technicals

Company's 52-week high was at $69.10

52-week low: $31.13

Price action over last quarter: Up 26.21%

Company Profile

Stifel Financial is a middle-market-focused investment bank that produces more than 90% of its revenue in the United States. Approximately 60% of the company's net revenue is derived from its global wealth management division, which supports over 2,000 financial advisors, with the remainder coming from its institutional securities business. Stifel has a history of being an active acquirer of other financial service firms.