ST. LOUIS (AP) — ST. LOUIS (AP) — Stifel Financial Corp. (SF) on Wednesday reported net income of $264.4 million in its fourth quarter.
The St. Louis-based company said it had earnings of $2.31 per share. Earnings, adjusted for one-time gains and costs, came to $2.63 per share.
The brokerage and investment banking firm posted revenue of $1.56 billion in the period. Its revenue net of interest expense was $1.56 billion, which topped Street forecasts.
For the year, the company reported profit of $683.8 million, or $5.87 per share. Revenue was reported as $5.53 billion.
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