Stifel Financial Corp Q1 2022 Earnings Call Summary - Thomson StreetEvents

Stifel Financial Corp Q1 2022 Earnings Call Summary

Stifel Financial Corp Q1 2022 Earnings Call Summary - Thomson StreetEvents
Stifel Financial Corp Q1 2022 Earnings Call Summary
Published Apr 27, 2022
14 pages (7337 words) — Published Apr 27, 2022
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About This Report

  
Abstract:

Edited Brief of SF.N earnings conference call or presentation 27-Apr-22 1:30pm GMT

  
Brief Excerpt:

...A. Highlights: War in Ukraine, surging inflation and post-COVID reopening have resulted in increased volatility, higher rates, lower equity markets and fear of recession in US. 1. This contrasts markedly with 2021 when yield on 10-year treasury 1.6%, oil $60/barrel, VIX 18 and Fed's (inaudible) forecasted zero rate hikes in 2022. a. 2. Last year, generated record revenue and EPS, led by institutional business, more specifically investment banking businesses. 3. Currently, 10-year treasury yields around 2.8%, oil above $100/barrel, VIX above 30, and market is forecasting Fed to raise short-term rates to 2.5% by year-end. Rising short-term rates are good for most banks and very good for SF. a. 4. Looking into remainder of 2022, expected benefits from increases in short-term interest rates will be substantial to net interest income. Net interest income expected to increase by $300-400m over 2021. a....

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Stifel Financial Corp
Ticker
SF.N
Time
1:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Christopher John Allen - Compass Point Research & Trading, LLC, Research Division - Analyst : Maybe some just cleanup questions. In your trading books, were there any negative marks during the quarter? Obviously, you talked about the potential for seasonal improvement moving forward, and the backdrop in certain areas looks pretty decent. Just wondering if the market movements result in any negative markets out there in the first quarter? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 27, 2022 / 1:30PM, SF.N - Q1 2022 Stifel Financial Corp Earnings Call

Question: Christopher John Allen - Compass Point Research & Trading, LLC, Research Division - Analyst : Understood. And then just maybe if you could provide us some color on the outlook for securities-based loans here. If I recall correctly, I think they typically see some headwinds just in the higher rates and obviously more volatile environment. So how are you thinking about that component of the loan book to drive growth there?

Question: Christopher John Allen - Compass Point Research & Trading, LLC, Research Division - Analyst : Understood. And the last one for me. Just looking at the other operating expense line down sequentially and down year-over-year. Just any color there? There was pretty decent declines.

Question: Christopher John Allen - Compass Point Research & Trading, LLC, Research Division - Analyst : No. Other operating expenses, the $66.6 million on an adjusted basis?

Question: Christopher John Allen - Compass Point Research & Trading, LLC, Research Division - Analyst : The total P&L. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 27, 2022 / 1:30PM, SF.N - Q1 2022 Stifel Financial Corp Earnings Call

Table Of Contents

Stifel Financial Corp Q3 2022 Earnings Call Summary – 2022-10-26 – US$ 54.00 – Edited Brief of SF.N earnings conference call or presentation 26-Oct-22 1:30pm GMT

Stifel Financial Corp Q2 2022 Earnings Call Summary – 2022-07-27 – US$ 54.00 – Edited Brief of SF.N earnings conference call or presentation 27-Jul-22 1:30pm GMT

Stifel Financial Corp Q2 2022 Earnings Call Transcript – 2022-07-27 – US$ 54.00 – Edited Transcript of SF.N earnings conference call or presentation 27-Jul-22 1:30pm GMT

Stifel Financial Corp Annual Shareholders Meeting Transcript – 2022-06-13 – US$ 54.00 – Edited Transcript of SF.N shareholder or annual meeting 13-Jun-22 2:30pm GMT

Stifel Financial Corp Q1 2022 Earnings Call Transcript – 2022-04-27 – US$ 54.00 – Edited Transcript of SF.N earnings conference call or presentation 27-Apr-22 1:30pm GMT

Hewlett Packard Enterprise Co Fireside Chat Hosted by Stifel Transcript – 2022-04-25 – US$ 54.00 – Edited Transcript of SF.N brokerage analyst conference call 25-Apr-22 4:00pm GMT

Stifel Financial Corp Q4 2021 Earnings Call Summary – 2022-01-26 – US$ 54.00 – Edited Brief of SF.N earnings conference call or presentation 26-Jan-22 2:30pm GMT

Stifel Financial Corp Q4 2021 Earnings Call Transcript – 2022-01-26 – US$ 54.00 – Edited Transcript of SF.N earnings conference call or presentation 26-Jan-22 2:30pm GMT

Stifel Financial Corp 2022 Balancing Act Transcript – 2022-01-11 – US$ 54.00 – Edited Transcript of SF.N guidance conference call or presentation 11-Jan-22 7:00pm GMT

Stifel Financial Corp Q3 2021 Earnings Call Summary – 2021-10-27 – US$ 54.00 – Edited Brief of SF.N earnings conference call or presentation 27-Oct-21 1:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Stifel Financial Corp Q1 2022 Earnings Call Summary" Apr 27, 2022. Alacra Store. May 22, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Stifel-Financial-Corp-Earnings-Call-B15184531>
  
APA:
Thomson StreetEvents. (2022). Stifel Financial Corp Q1 2022 Earnings Call Summary Apr 27, 2022. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Stifel-Financial-Corp-Earnings-Call-B15184531>
  
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