Stifel Financial Corp (SFB) is a financial services holding company headquartered in St. Louis, Missouri. The company was founded in 1890 and provides a wide range of financial products and services to clients, including investment banking, brokerage, trading, investment advisory, and wealth management services.
SFB issued 5.20% senior notes in 2021 as a way to raise capital for its operations. The notes have a maturity date of 2031 and pay interest semi-annually. The notes are rated BBB- by Standard & Poor's and Baa3 by Moody's.
As of September 30, 2021, SFB reported total assets of $51.6 billion, total liabilities of $46.2 billion, and total equity of $5.4 billion. The company generated revenue of $4.6 billion and net income of $420.1 million in 2020.
SFB operates through three business segments: Global Wealth Management, Institutional Group, and Investment Banking. The Global Wealth Management segment provides financial planning and investment advisory services to high net worth individuals and families. The Institutional Group segment provides research, trading, and investment services to institutional clients, including mutual funds, hedge funds, and pension funds. The Investment Banking segment provides a range of investment banking services, including underwriting, mergers and acquisitions advisory, and debt and equity offerings.
In summary, Stifel Financial Corp is a financial services holding company that provides a wide range of financial products and services to clients. The company issued 5.20% senior notes in 2021 to raise capital for its operations. SFB operates through three business segments: Global Wealth Management, Institutional Group, and Investment Banking.
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