Benzinga | Jul 29, 2020 07:19AM EDT

Stifel Financial: Q2 Earnings Insights

Shares of Stifel Financial (NYSE:SF) were unchanged in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 9.93% over the past year to $1.55, which beat the estimate of $1.05.

Revenue of $895,817,000 up by 11.87% year over year, which beat the estimate of $817,500,000.

Looking Ahead

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

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

Recent Stock Performance

Company's 52-week high was at $69.10

Company's 52-week low was at $31.13

Price action over last quarter: Up 10.74%

Company Overview

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.