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Stifel Reports January 2025 Operating Data

1. Stifel Financial reported $510 billion in client assets as of January 2025. 2. Fee-based assets grew 18% year-over-year to $197 billion. 3. Private Client Group fee-based assets increased by 18%, indicating strong recruitment. 4. Client money market products rose 7%, but there was a 4% drop in Sweep deposits. 5. Positive growth driven by stronger markets and solid recruitment pipeline.

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Why Very Bullish?

The substantial growth in client assets and fee-based products indicates strong performance. Historical context shows similar growth led to stock price increases in the past.

How important is it?

The article provides key performance metrics critical for investor confidence. Given SF's financial sector nature, strong performance directly influences stock value.

Why Short Term?

The reported figures show immediate positive market sentiment, likely boosting SF's stock soon. Companies in financial services often see quick reactions to strong client metrics.

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February 27, 2025 16:15 ET  | Source: Stifel Financial Corporation ST. LOUIS, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today reported selected operating results for January 31, 2025 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “In January, client assets under administration reached $510 billion and fee-based assets grew to $197 billion, marking a 14% and 18% increase year-on-year. This growth was driven by stronger markets and a solid recruiting pipeline. Additionally, client money market and insured products rose 7% from the same period last year but the expected seasonal decline in Sweep deposits resulted in a 4% decrease during January." Selected Operating Data (Unaudited) As of % Change(millions)1/31/20251/31/202412/31/2024 1/31/202412/31/2024Total client assets$509,671 $446,724 $501,402   14% 2%Fee-based client assets$197,298 $166,682 $192,705   18% 2%Private Client Group fee-based client assets$172,468 $146,729 $168,206   18% 3%Bank loans, net (includes loans held for sale)$21,118 $19,525 $21,311   8% (1)%Client money market and insured product (1)$27,936 $26,144 $29,029   7% (4)%                  (1) Includes Smart Rate deposits, Sweep deposits, Third-party Bank Sweep Program, and Other Sweep cash. Company Information Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit www.stifel.com/investor-relations/press-releases. Media Contact: Neil Shapiro (212) 271-3447 | Investor Contact: Joel Jeffrey (212) 271-3610 | www.stifel.com/investor-relations

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