ST. LOUIS (AP) — ST. LOUIS (AP) — Stifel Financial Corp. (SF) on Wednesday reported net income of $163.6 million in its first quarter.
The company, based in St. Louis, said it had earnings of $1.40 per share. Earnings, adjusted for non-recurring costs, came to $1.49 per share.
The brokerage and investment banking firm posted revenue of $1.42 billion in the period. Its revenue net of interest expense was $1.16 billion, beating Street forecasts.
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