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Stifel Financial Corporation 5.20% Senior Notes due 2047 logo

Stifel Financial Corporation 5.20% Senior Notes due 2047

SFB
65
Investment - Banking & Investment Services · Financial Services
Price
$19.50
+0.01 (+0.05%)
Market Cap
$1.99B
Exchange
New York Stock Exchange
Winston Score
65
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Exceptional
Growth
Strong
Cash Flow
Mixed
Stability
Good
Valuation
Good
Dividends
Weak

Share count falling — buybacks

7.2% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 118.5M (2021) → 110.1M (2025)

Winston Score History

The full picture

Stifel Financial is a mid-sized American financial services firm that helps businesses raise money, advises on mergers and acquisitions, and offers wealth management services to individual investors. Its core businesses include investment banking, equity and fixed income trading, and brokerage services for both institutional clients and everyday retail investors. Stifel has grown largely by acquiring smaller regional brokerages and investment banks over the years.

The ticker SFB specifically refers to Stifel's 5.20% Senior Notes due 2047, which are debt securities — meaning investors who hold them receive fixed interest payments rather than ownership in the company. Stifel operates primarily in the United States, with some international presence, and generates revenue through advisory fees, trading commissions, interest income, and asset management fees. Its main competitive advantage is its broad network of financial advisors and a diversified mix of revenue streams, though rising interest rates and slower deal-making activity in investment banking remain key risks to watch.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-3.6% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+1.4% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Insider Activity

3.3%ownership

Relatively low insider ownership

Cash Position

Cash flow positive

$0 cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Stifel Financial Corporation 5.20% Senior Notes due 2047's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
100.0%
Premium pricing power — 100.0% gross margin
Profit after running costs
Operating Margin
35.1%
Excellent — 35.1% operating margin
Return on the money invested
ROCE
31.1%
Exceptional — 31.1% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

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Growth

Sales growth
Sales YoY
+3.7%
Slow sales growth (+3.7% YoY)
Profit growth
EPS YoY
+49.1%
Earnings growing fast (+49.1% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

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Cash Flow

Profit that turns into cash
Cash Conversion
44%
Weak — only 44% of profit becomes cash
Spare cash per sale
FCF Margin
5.4%
Thin free cash flow (5.4%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
N/A
Data not available
Covers its interest
Interest Cover
100.00x
Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
2.4x
no trend
Attractive valuation — P/E 2.4

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
-0.3
SLOWING
Earnings expected to fall — forward P/E higher than today

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Dividends

Dividend
Dividend Yield
1.72%
no trend
Small dividend — 1.72% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record
Dividend Growth
+0.0%
no trend
Dividend flat

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