Stifel Financial's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Stifel Financial (SF) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Stifel Financial vs Its Competitors
- TTM: Trailing 12-month revenue of 6,692M vs 1,297,087M combined for its competitors (0.5% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-2.0% annualized vs trailing 12 months), vs accelerating (+2.3%) for its tracked peer group.
- Growth: Stifel Financial generated 9.9% revenue growth year over year in Q2 2026, vs 9.1% for its competitors combined.
- Profitability: Its 13.8% net margin compares with 26.5% for the peer group.
- Scale: Stifel Financial ranks #28 of 90 companies by market capitalization in the Investment Services industry, holding 0.5% of industry market cap.
- Peer revenue share: Stifel Financial accounted for 0.5% of combined revenue among its tracked peer group, up from 0.5% a year earlier.
- Peer differentiation: Revenue per employee of $0.74M compares with $0.77M for the peer group (1.0x).
- Structure: Stifel Financial operates in the following segments: Global Wealth Management, Institutional Group.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
SF Sales vs. its Competitors, Q2 2026
Stifel Financial reported revenue growth of 9.91 % year on year in Q2 2026, above its competitors' combined revenue growth of 9.09 %.
With a net margin of 13.82 %, Stifel Financial reported lower profitability than its competitors (26.54 %).
Stifel Financial generated 0.49 % of the combined sales of its peer group, up from 0.49 % a year earlier.
Stifel Financial vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Stifel Financial reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Stifel Financial and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Stifel Financial Corp | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Stifel Financial's competitor groups requires a Commercial License.
For context: the Investment Services industry grew revenue -1.7% year over year, combined, vs 9.9% for Stifel Financial. Stifel Financial's share of combined industry revenue moved from 0.57% to 0.64%, a gain of 0.07 percentage points.
Stifel Financial's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Stifel Financial Corp | Yes | Yes | Yes | No |
| Competitors combined (93) | ||||
| High-Confidence Competitors (1) | ||||
| Similar-Size Competitors (10) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
SF Stock Performance relative to its Competitors
SF Stock Performance relative to High-Confidence Competitors
SF Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | The Bank Of New York Mellon Corporation | 282.9% | Outperformed |
| 2 | Wisdomtree Inc | 282.9% | Outperformed |
| 3 | Franklin Resources Inc | 282.9% | Outperformed |
| 4 | Voya Financial Inc | 282.9% | Outperformed |
| 5 | Popular Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Stifel Financial's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Stifel Financial's Comment on Competition and Industry Peers
Publicly Traded Peers of Stifel Financial Corp
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Stifel Financial Corp |
11,935.64 | 6,691.85 |
 Jpmorgan Chase and Co |
954,074.80 | 190,733.00 |
 Bank Of America Corporation |
379,887.72 | 122,968.00 |
 Morgan Stanley |
304,566.44 | 68,350.00 |
 The Goldman Sachs Group Inc |
274,761.28 | 42,162.00 |
 Wells Fargo and Company |
271,461.44 | 85,055.00 |
| SUBTOTAL | 4,084,108.45 | 1,433,016.94 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Stifel Financial Corp versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Stifel Financial's Competitors Named by the Company
Competitive relationships identified from Stifel Financial reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Houlihan Lokey Inc | Company report | 85% |
| Kkr and co inc | Company report | 85% |
| Voya Financial Inc | Company report | 85% |
| Cowen inc | Company report | 85% |
| Greenhill and Co Inc | Company report | 85% |
| Moelis and Co | Company report | 85% |
| Schwab Charles Corp | Company report | 85% |
| Lpl Financial Holdings Inc | Company report | 85% |
| Lazard Inc | Company report | 85% |
| Waddell and Reed Financial Inc | Company report | 85% |
| Evercore Inc | Company report | 85% |
| The Goldman Sachs Group Inc | Company report | 85% |
| Jpmorgan Chase and Co | Company report | 85% |
| Morgan Stanley | Company report | 85% |
| Brc Group Holdings Inc | Company report | 85% |
| Pnc Financial Services Group Inc | Company report | 85% |
| Wintrust Financial Corp | Company report | 85% |
| Principal Financial Group inc | Company report | 85% |
| Wells Fargo and Company | Company report | 85% |
| Truist Financial Corporation | Company report | 85% |
| Nbt Bancorp Inc | Company report | 85% |
| Regions Financial Corporation | Company report | 85% |
| Bok Financial Corp | Company report | 85% |
| Stonex Group Inc | Company report | 85% |
| First Interstate Bancsystem Inc | Company report | 85% |
| Prudential Financial Inc | Company report | 85% |
| Santander Holdings Usa Inc | Company report | 85% |
| Hancock Whitney Corporation | Company report | 85% |
| Western Alliance Bancorporation | Company report | 85% |
| Pjt Partners Inc | Company report | 85% |
| Bank Of America Corporation | Company report | 85% |
| Citizens Financial Group Inc | Company report | 85% |
| First Financial Bankshares Inc | Company report | 85% |
| Price T Rowe Group Inc | Company report | 85% |
| Fulton Financial Corp | Company report | 85% |
| Svb Financial Group | Company report | 85% |
| Huntington Bancshares Incorporated | Company report | 85% |
| United Community Banks Inc | Company report | 85% |
| Peoples United Financial Inc | Company report | 85% |
| Raymond James Financial Inc | Company report | 85% |
| Popular Inc | Company report | 85% |
| Carlyle Group Inc | Company report | 85% |
| Fifth Third Bancorp | Company report | 85% |
| Alliancebernstein Holding L p | Company report | 85% |
| Southstate Bank Corp | Company report | 85% |
| The Bank Of New York Mellon Corporation | Company report | 85% |
| Comerica Incorporated | Company report | 85% |
| Jmp Group Llc | Company report | 85% |
| First Horizon Corp | Company report | 85% |
| Lincoln National Corporation | Company report | 85% |
| Glacier Bancorp Inc | Company report | 85% |
| Synovus Financial Corp | Company report | 85% |
| Hilltop Holdings Inc | Company report | 85% |
| Legg Mason Inc | Company report | 85% |
| Us Bancorp De | Company report | 85% |
| Avantax Inc | Company report | 85% |
| Renasant Corp | Company report | 85% |
| Citigroup inc | Company report | 85% |
| National Holdings Corp | Company report | 85% |
| East West Bancorp inc | Company report | 85% |
| First Midwest Bancorp Inc | Company report | 85% |
| Simmons First National Corp | Company report | 85% |
| Great Western Bancorp Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Stifel Financial's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Stifel Financial's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Stifel Financial Corp | Global Wealth Management 38.96 % |
| Citigroup inc | Markets 29.42 % |
| Schwab Charles Corp | Investor Services 78.17 % |
| Apollo Global Management Inc | Retirement Services 36.50 % |
| Energy Transfer Lp | Crude oil transportation and services 27.94 % |
| Prudential Financial Inc | Total Reconciling Items 6.62 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Stifel Financial's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Stifel Financial Corp | 11,936 | 743,539 | 105,959 |
| Jpmorgan Chase and Co | 954,075 | 598,825 | 204,714 |
| Bank Of America Corporation | 379,888 | 577,315 | 150,793 |
| Morgan Stanley | 304,566 | 823,494 | 245,422 |
| The Goldman Sachs Group Inc | 274,761 | 889,494 | 467,700 |
| Wells Fargo and Company | 271,461 | 355,879 | 96,699 |
| PEERS TOTAL | 4,072,173 | 768,747 | 166,562 |
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Stifel Financial's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Stifel Financial Corp | Americas 57.23 % |
| Blackrock Inc | Americas 64.41 % |
| Franklin Resources Inc | United States 72.53 % |
| Invesco Ltd | Americas 75.67 % |
| Up Fintech Holding Limited | NZ 35.88 % |
| Houlihan Lokey Inc | United States 69.51 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Stifel Financial's Position in Industry Market Structure
Market-capitalization share and concentration across all 88 companies in Stifel Financial's industry classification, broader than the peer set above. Market cap in millions of $.Stifel Financial ranks #28 of 88 companies by market capitalization in its industry, holding 0.50 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 589, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Morgan Stanley | 304,370 | 12.87 % |
| 2 | The Goldman Sachs Group Inc | 282,947 | 11.96 % |
| 3 | Blackrock Inc | 201,590 | 8.52 % |
| 4 | Schwab Charles Corp | 162,370 | 6.86 % |
| 5 | Cme Group Inc | 1,234 | 5.2% |
| 6 | Futu Holdings Ltd | 1,234 | 5.2% |
| 7 | Blackstone Inc | 1,234 | 5.2% |
| 8 | Intercontinental Exchange Inc | 1,234 | 5.2% |
| 9 | Kkr and co inc | 1,234 | 5.2% |
| 10 | Brookfield Asset Management Ltd | 1,234 | 5.2% |
| 28 | Stifel Financial Corp | 11,789 | 0.50 % |
Market cap and industry share for the rest of Stifel Financial's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-04.
Stifel Financial's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 23 | Tpg Inc | 19,335 | -8.16 % |
| 24 | Franklin Resources Inc | 17,477 | 44.59 % |
| 25 | Carlyle Group Inc | 15,702 | -18.22 % |
| 26 | Sei Investments Company | 13,397 | 32.39 % |
| 27 | Evercore Inc | 1,234 | 12.3% |
| 28 | Stifel Financial Corp | 11,789 | -7.67 % |
| 29 | Figma Inc | 1,234 | 12.3% |
| 30 | Freedom Holding Corp | 1,234 | 12.3% |
| 31 | Jefferies Financial Group Inc | 1,234 | 12.3% |
| 32 | Up Fintech Holding Limited | 1,234 | 12.3% |
| 33 | Houlihan Lokey Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Stifel Financial's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-04. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Stifel Financial's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Investment Services industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (142 companies). See the full Investment Services industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 88.45 % | 21.14 % (avg) | +67.3 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | 25.71 % | 22.57 % (avg) | +3.1 pp |
| Capital Intensity (Capex / Revenue) | 1.39 % | 3.64 % (avg) | -2.3 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Stifel Financial's Valuation vs Competitive Position
Valuation multiples vs the Investment Services industry average (142 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Investment Services industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 13.3x | 24.3x | -11.0x |
| EV / EBITDA | 5.8x | 12.1x | -6.3x |
| P/B | 2.0x | 3.6x | -1.5x |
| Return on Equity | 16.07 % | industry aggregate | 0.22 % |
| Return on Invested Capital | - | 6.29 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Stifel Financial's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 6.62 % | 10.02 % | 8.62 % | 25.28 % | -3.98 % | 12.33 % | 15.36 % | 6.65 % |
| Operating Margin | 37.94 % | 37.41 % | 37.26 % | 40.03 % | 41.70 % | 48.87 % | 49.52 % | 46.80 % |
| Return on Invested Capital | 12.24 % | 13.11 % | 13.68 % | 16.05 % | 6.92 % | 5.84 % | 6.67 % | 19.67 % |
| P/E | 3.8x | 4.5x | 13.0x | 10.9x | 11.6x | 13.8x | 16.6x | 20.2x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Stifel Financial's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Stifel Financial falls in the Dog quadrant: relative market share of 0.04x vs its largest competitor, in an industry growing revenue 9.4% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Stifel Financial's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 589 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 1.39 % vs industry average 3.64 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Stifel Financial's dedicated Suppliers and Customers pages, not here.
Stifel Financial's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Stifel Financial falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Stifel Financial's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Latest-quarter revenue run-rate is decelerating (-2.0% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.04x).
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
Stifel Financial's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Stifel Financial Corp | 0.10 | 0.93 | 0.12 |
| Jpmorgan Chase and Co | 0.15 | 0.42 | 1.41 |
| Bank Of America Corporation | 0.10 | 0.52 | 1.27 |
| Morgan Stanley | 0.40 | 1.12 | 3.16 |
| The Goldman Sachs Group Inc | 0.43 | 0.79 | 3.30 |
| Wells Fargo and Company | 0.11 | 0.80 | 1.16 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Stifel Financial's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Stifel Financial Corp | Q2 2026 | +9.9 % | +46.1 % |
| Jpmorgan Chase and Co | Q3 2026 | +10.2 % | +9.0 % |
| Bank Of America Corporation | Q3 2026 | +3.2 % | -16.8 % |
| Morgan Stanley | Q2 2026 | -30.6 % | +58.1 % |
| The Goldman Sachs Group Inc | Q3 2026 | -68.0 % | +29.2 % |
| Wells Fargo and Company | Q3 2026 | +5.4 % | +6.9 % |
| PEERS TOTAL | +8.2 % | +16.8 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Stifel Financial's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Stifel Financial Corp | Q2 2026 | +2,447.5 % | -0.3 % |
| Jpmorgan Chase and Co | Q3 2026 | -12.8 % | - |
| Bank Of America Corporation | Q3 2026 | - | - |
| Morgan Stanley | Q2 2026 | - | +7.3 % |
| The Goldman Sachs Group Inc | Q3 2026 | +8.6 % | -5.9 % |
| Wells Fargo and Company | Q3 2026 | +31.5 % | - |
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Stifel Financial's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Stifel Financial Corp | 2.23% | 5.30% | 16.07% |
| Jpmorgan Chase and Co | 1.34% | 1.65% | 17.70% |
| Bank Of America Corporation | 0.93% | 1.18% | 10.69% |
| Morgan Stanley | 1.35% | 1.95% | 17.85% |
| The Goldman Sachs Group Inc | 1.08% | 1.63% | 17.90% |
| Wells Fargo and Company | 1.04% | 1.23% | 12.78% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Stifel Financial's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Stifel Financial Corp | 13.22 | 1.78 |
| Jpmorgan Chase and Co | 14.96 | 5.00 |
| Bank Of America Corporation | 12.55 | 3.09 |
| Morgan Stanley | 15.71 | 4.46 |
| The Goldman Sachs Group Inc | 13.16 | 6.52 |
| Wells Fargo and Company | 12.62 | 3.19 |
| PEERS AVERAGE | 13.17 | 2.85 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.