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

Stifel Financial (SFB) posted Operating Expenses of $1.2 billion for Q1 2026, down 8.03% quarter-over-quarter from $1.3 billion in Q4 2025, and down 3.36% on a YoY basis from $1.2 billion in Q1 2025.

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

Stifel Financial (SFB) has reported Operating Expenses for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2026.

  • Quarterly Operating Expenses fell 3.36% year-over-year to $1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.6 billion (up 7.67% YoY) and the FY2025 annual result came in at $4.7 billion, up 15.26% from the prior year.
  • Operating Expenses came in at $1.2 billion for Q1 2026 at Stifel Financial, down from $1.3 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.
  • A 5-year average of $1.0 billion and a median of $944.3 million in 2024 frame the typical range for Operating Expenses.
  • Year-over-year, Operating Expenses slipped 9.9% in 2022 and climbed 26.24% in 2025.
  • Tracing SFB's Operating Expenses over 5 years: stood at $888.0 million in 2022, then advanced by 5.91% to $940.4 million in 2023, then gained by 16.81% to $1.1 billion in 2024, then gained by 14.04% to $1.3 billion in 2025, then dropped by 8.03% to $1.2 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.2 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 13.47 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 10.43 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 3.29 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 656.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 4.45 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 330.51 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 242.35 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 81.75 Mn
10 Stifel Financial - - 878.90 Mn 1.15 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 889.11 Mn