Stifel Financial SF
NYSE SF
$75.77 +0.25 (+0.33%)
At close: Sep 18, 2026 · 4:00 PM EDT

Stifel Financial (SF) Operating Expenses (2009 - 2026)

Stifel Financial (SF) recorded quarterly Operating Expenses of $1.2 billion in Q2 2026, little changed on a QoQ basis from $1.2 billion in Q1 2026, and up 7.56% YoY from $1.1 billion in Q2 2025.

Analysis

Stifel Financial (SF) Operating Expenses (2009 - 2026) Analysis & Trends

Stifel Financial (SF) has reported Operating Expenses for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 7.56% year-over-year to $1.2 billion; the trailing twelve-month figure through Jun 2026 stood at $4.7 billion (up 7.56% YoY), and the FY2025 full-year result was $4.7 billion, up 15.26% from the prior year.
  • Operating Expenses was $1.2 billion for Q2 2026 at Stifel Financial, roughly flat from $1.2 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.3 billion in Q4 2025, with the low at $839.4 million in Q3 2022.
  • Historically, Operating Expenses has averaged $1.0 billion across 5 years, with a median of $967.7 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses retreated 9.9% — and 2025, when it gained 26.24%.
  • Tracing SF's Operating Expenses over 5 years: stood at $888.0 million in 2022, then rose by 5.91% to $940.4 million in 2023, then increased by 16.81% to $1.1 billion in 2024, then increased by 14.04% to $1.3 billion in 2025, then slipped by 8.09% to $1.2 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.2 billion in Q2 2026, $1.2 billion in Q1 2026, and $1.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of America 405.01 Bn -183.49 Bn 30.39 Bn 18.63 Bn
2 Morgan Stanley 318.33 Bn 158.20 Bn - 13.90 Bn
3 Royal Bank Of Canada 284.62 Bn 57.78 Bn - 7.02 Bn
4 Goldman Sachs 274.43 Bn -701.92 Bn - 11.67 Bn
5 Mitsubishi Ufj Financial 274.26 Bn -110.06 Bn 10.89 Bn 17.50 Bn
6 Wells Fargo & Company 260.84 Bn 59.01 Bn - 13.66 Bn
7 American Express 210.32 Bn 161.00 Bn 17.99 Bn 14.48 Bn
8 Banco Santander 210.20 Bn 217.82 Bn 28.01 Bn -7.44 Bn
9 Toronto Dominion Bank 206.68 Bn 45.35 Bn - 6.08 Bn
10 Stifel Financial 11.69 Bn 7.80 Bn 1.49 Bn 1.15 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.15 Bn
Mar 31, 2026 1.15 Bn
Dec 31, 2025 1.25 Bn
Sep 30, 2025 1.14 Bn
Jun 30, 2025 1.07 Bn
Mar 31, 2025 1.19 Bn
Dec 31, 2024 1.10 Bn
Sep 30, 2024 1.01 Bn
Jun 30, 2024 991.04 Mn
Mar 31, 2024 944.35 Mn
Dec 31, 2023 940.38 Mn
Sep 30, 2023 935.62 Mn
Jun 30, 2023 869.34 Mn
Mar 31, 2023 896.91 Mn
Dec 31, 2022 887.95 Mn
Sep 30, 2022 839.37 Mn
Jun 30, 2022 889.59 Mn
Mar 31, 2022 889.42 Mn
Dec 31, 2021 985.56 Mn
Sep 30, 2021 888.44 Mn