Stifel Financial (SF) revenue breakdown
By segment, Global Wealth Management is the largest at 60% of fiscal 2025 revenue; Institutional Group grew fastest, 4% a year over 9 years.
By product, Asset Management is the largest at 45% of fiscal 2025 revenue, growing 13% a year over 5 years.
Revenue by segment
Fiscal years, as Stifel Financial reports them in its 10-K filings; fiscal 2025 total $3.8B.
| Segments | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Global Wealth Management | $1.6B | $1.8B | $2.0B | $2.1B | $2.2B | $2.6B | $2.8B | $3.0B | $2.1B | $2.3B | 60% |
| Institutional Group | $1.0B | $1.1B | $1.1B | $1.2B | $1.6B | $2.2B | $1.5B | $1.2B | $1.2B | $1.5B | 40% |
| Other | -$2M | -$7M | -$21M | -$8M | -$22M | -$14M | $30M | $73M | $49,000 | $250,000 | 0% |
Revenue by product
Fiscal years, as Stifel Financial reports them in its 10-K filings; fiscal 2025 total $3.8B.
| Products | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|
| Asset Management | $917M | $1.2B | $1.3B | $1.3B | $1.5B | $1.7B | 45% |
| Investment Banking | $952M | $1.6B | $971M | $731M | $995M | $1.3B | 33% |
| Commissions | $761M | $810M | $711M | $674M | $756M | $814M | 22% |
| Other | $49M | $34M | $6M | $5M | $6M | $6M | 0% |
Revenue by region
Fiscal years, as Stifel Financial reports them in its 10-K filings; fiscal 2025 total $3.8B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | — | — | — | — | — | — | — | — | $3.1B | $3.5B | 93% |
| United Kingdom | — | $129M | $157M | $164M | $198M | $240M | $193M | $152M | $127M | $143M | 4% |
| Canada | — | — | — | $2M | $40M | $109M | $29M | $40M | $40M | $81M | 2% |
| Other | — | — | — | — | — | — | — | — | $54M | $55M | 1% |
| United States | — | — | — | — | — | — | — | $4.1B | — | — | — |
| Other | — | — | — | — | — | — | — | $61M | — | — | — |
| United States | — | — | — | — | — | $4.3B | — | — | — | — | — |
| United States | — | — | — | — | — | — | $4.1B | — | — | — | — |
| United States | — | — | — | — | $3.5B | — | — | — | — | — | — |
| United States | — | — | — | $3.2B | — | — | — | — | — | — | — |
| United States | — | — | $2.9B | — | — | — | — | — | — | — | — |
| United States | — | $2.8B | — | — | — | — | — | — | — | — | — |
| United States | $2.4B | — | — | — | — | — | — | — | — | — | — |
| United Kingdom | $133M | — | — | — | — | — | — | — | — | — | — |
| Other | — | — | — | — | — | $56M | — | — | — | — | — |
| Other | — | — | — | — | $53M | — | — | — | — | — | — |
| Other | — | — | — | — | — | — | $44M | — | — | — | — |
| Other | — | — | — | $17M | — | — | — | — | — | — | — |
| Other | — | $14M | — | — | — | — | — | — | — | — | — |
| Other | $13M | — | — | — | — | — | — | — | — | — | — |
| Other | — | — | $12M | — | — | — | — | — | — | — | — |
Questions
Where does Stifel Financial make its money?
In fiscal 2025, by segment: Global Wealth Management $2.3B, Institutional Group $1.5B, Other $250,000.
From Stifel Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.