Stifel Financial Corp. (SF) Sees Q3 Net Revenue Essentially Flat YoY

Stifel said total and fee-based client assets hit record highs YoY and treasury deposits rose 7% MoM. It expects Q3 firm-wide net revenue to be essentially flat YoY, with Global Wealth growth offset by ~15% decline in the Institutional Group.Material DetailsContext by AI AnalystThis is a mid-cycle…