- Q4 non-GAAP income of $40.2M or $0.51 per share vs. $58.4M and $0.75 one year ago. The results exclude $29M of after-tax merger related expenses for the Barclays and Sterne Agee deals. Full-year non-GAAP income of $2.46 per share vs. $2.76 in 2014.
- Brokerage revenue of $294.8M up 9% Y/Y.
- Investment banking revenue of $102.8M down 40% Y/Y. Equity revenue of $40.5M down 15%; Fixed-income revenue of $29.6M down 41%; Advisory fee revenue of $32.6M down 68%.
- Asset management and service fee revenue of $129.3M up 22% Y/Y.
- Comp and benefits expense (excl. merger-related) as a percentage of net revenue of 64.8% up from 61.5% a year ago.
- Previously: Stifel Financial misses by $0.16, misses on revenue (Feb. 23)
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SF -7.7%