ST. LOUIS (AP) - ST. LOUIS (AP) - Stifel Financial Corp. (SF) on Wednesday reported net income of $53 million in its first quarter. The St. Louis-based company said it had earnings of 39 cents per share. Earnings, adjusted for one-time gains and costs, were 49 cents per share. The brokerage and investment banking firm posted revenue of $1.26 billion in the period. Its revenue net of interest expense was $1.26 billion, meeting Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SF at https://www.zacks.com/ap/SF
Stifel is a Missouri-based investment banking firm that provides services such as wealth management, advisory, and institutional brokerage for individuals and businesses.