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Stifel Financial (Stifel Financial) Net Interest Margin (Bank Only) % : 3.66% (As of Dec. 2023)


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What is Stifel Financial Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Stifel Financial's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $1,090 Mil. Stifel Financial's average earning assets for the quarter that ended in Dec. 2023 was $29,748 Mil. Therefore, Stifel Financial's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 3.66%.


Stifel Financial Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Stifel Financial's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stifel Financial Net Interest Margin (Bank Only) % Chart

Stifel Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 2.42 2.15 3.14 3.85

Stifel Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.89 3.80 3.75 3.66 3.43

Competitive Comparison of Stifel Financial's Net Interest Margin (Bank Only) %

For the Capital Markets subindustry, Stifel Financial's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stifel Financial's Net Interest Margin (Bank Only) % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Stifel Financial's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Stifel Financial's Net Interest Margin (Bank Only) % falls into.



Stifel Financial Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Stifel Financial's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=1145.409/( (30110.915 + 29375.517)/ 2 )
=1145.409/29743.216
=3.85 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=377.179 + 21276.116 + 8457.62
=30110.915

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=511.897 + 20413.29 + 8450.33
=29375.517

Stifel Financial's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=1090.004/( (30119.506 + 29375.517)/ 2 )
=1090.004/29747.5115
=3.66 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=445.766 + 21113.229 + 8560.511
=30119.506

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=511.897 + 20413.29 + 8450.33
=29375.517

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Stifel Financial  (NYSE:SF) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Stifel Financial Net Interest Margin (Bank Only) % Related Terms

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Stifel Financial (Stifel Financial) Business Description

Address
501 North Broadway, One Financial Plaza, Saint Louis, MO, USA, 63102-2188
Stifel Financial is a middle-market-focused investment bank that produces more than 90% of its revenue in the United States. Approximately 60% of the company's net revenue is derived from its global wealth management division, which supports over 2,000 financial advisors, with the remainder coming from its institutional securities business. Stifel has a history of being an active acquirer of other financial service firms.
Executives
Mark P Fisher officer: SENIOR VP & GENERAL COUNSEL C/O THOMAS WEISEL PARTNERS GROUP, INC., ONE MONTGOMERY STREET, SUITE 3700, SAN FRANCISCO CA 94104
Christopher K Reichert officer: CEO of Stifel Bank & Trust C/O PULASKI FINANCIAL CORP, 12300 OLIVE BLVD, ST LOUIS MO 63141
Thomas B. Michaud director C/O KBW, INC., 787 SEVENTH AVENUE, NEW YORK NY 10019
Lisa Landau Carnoy director 501 NORTH BROADWAY, ST. LOUIS MO 63102
Maryam S. Brown director 555 W. 5TH STREET, LOS ANGELES CA 90013
James M Zemlyak officer: CHIEF FIN'L & ADMIN OFFCR 501 NORTH BROADWAY, ST LOUIS MO 63102
Ronald J Kruszewski director, officer: CHIEF EXECUTIVE OFFICER 501 NORTH BROADWAY, ST LOUIS MO 63102
James P. Kavanaugh director 501 NORTH BROADWAY, ST. LOUIS MO 63102
Victor Nesi director, officer: Director 650 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
James M Oates director C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Thomas W Weisel director
David D Sliney officer: Dir Strategic Planning & Tech, other: Dir Strategic Planning & Tech 501 NORTH BROADWAY, ST LOUIS MO 63102
Robert Edward Grady director 555 CALIFORNIA STREET, SUITE 3450, SAN FRANCISCO CA 94104
John P Dubinsky director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
David A Peacock director 190 CARONDELET PLAZA, CLAYTON MO 63105