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Stifel's stock rose 6% despite broader market losses. Q2 revenue reached $1.22 billion, up 16% year-over-year. Profit increased to $155.97 million, surpassing analyst estimates. Investment banking revenue surged 40%, driven by advisory fees. Stifel remains optimistic about strong Q3 performance.
- Stifel's stock rose 6% despite broader market losses.
- Q2 revenue reached $1.22 billion, up 16% year-over-year.
- Profit increased to $155.97 million, surpassing analyst estimates.
- Investment banking revenue surged 40%, driven by advisory fees.
- Stifel remains optimistic about strong Q3 performance.
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