Stifel reports 16% client asset growth, guides Q2 investment banking up 25-30%

Filed June 25, 2026 · Period ending June 25, 2026 · ~1 min read

Key Changes

• high

  Investment banking revenue expected to increase 25-30% in Q2 2026 vs. Q2 2025, driven by strong capital raising activity momentum.

  Exhibit 99.1 verify on EDGAR →
• high

  Total client assets reached $579.7B in May 2026, up 16% year-over-year; fee-based assets grew 20% to $238.7B, driven by market appreciation and advisor recruiting.

  Exhibit 99.1 verify on EDGAR →
• medium

  Bank loans grew 13% YoY to $23.9B, driven by robust fund banking demand; treasury deposits surged 76% to $10.8B despite 3% monthly decline in May.

  Exhibit 99.1 verify on EDGAR →