ST. LOUIS (AP) — ST. LOUIS (AP) — Stifel Financial Corp. (SF) on Wednesday reported net income of $53 million in its first quarter.
The St. Louis-based company said it had earnings of 39 cents per share. Earnings, adjusted for one-time gains and costs, were 49 cents per share.
The brokerage and investment banking firm posted revenue of $1.26 billion in the period. Its revenue net of interest expense was $1.26 billion, meeting Street forecasts.
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