Stifel Financial Hires Benjamin Ola. Akande as Director of Human Resources, Diversity and Inclusion
May 03, 2021 17:00 ET | Source: Stifel Financial Corporation Stifel Financial Corporation Saint Louis, Missouri, UNITED STATES
ST. LOUIS, May 03, 2021 (GLOBE NEWSWIRE) Stifel Financial Corp. (NYSE: SF) today announced that Dr. Benjamin Ola. Akande will join the firm as Director of Human Resources, Diversity and Inclusion. Based in the firm’s St. Louis headquarters, Dr. Akande will head Stifel’s Human Resources department.
“The hiring of Benjamin is another important step in the growth of Stifel as our ability to recruit individuals like Dr. Akande illustrates just how attractive our platform has become,” said Ronald J. Kruszewski, Chairman & CEO of Stifel Financial. “A priority of ours has been to identify and hire exceptionally talented leaders. Throughout his impressive career, Benjamin has consistently demonstrated
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Operator
Thank you for standing by and welcome to Stifel Financial s First Quarter 2021 Earnings Conference Call. [Operator Instructions]
It is now my pleasure to hand the conference over to Mr. Joel Jeffrey, Head of Investor Relations.
Joel Michael Jeffrey
Senior Vice President of Investor Relations
Thank you, operator. I d like to welcome everyone to Stifel Financial s First Quarter 2021 Financial Results Conference Call. I m joined on the call today by our Chairman and Chief Executive Officer, Ron Kruszewski; our Co-Presidents, Victor Nesi and Jim Zemlyak; and our Chief Financial Officer, Jim Marischen. Earlier this morning, we issued an earnings release and posted a slide deck to our website, which can be found on the Investor Relations page at www.stifel.com. I would note that some of the numbers that we state throughout our presentation are presented on a non-GAAP basis, and I would refer you to our reconciliation of GAAP to non-GAAP, as disclosed in our press release.
Stifel Reports Record Fourth Quarter and Full-Year Results
25
th consecutive year of record net revenues of $3.8 billion, an increase of 12.4% compared with 2019.
Quarterly record net revenues of $1.1 billion, an increase of 20.0% over the third quarter of 2020.
Record quarterly net income available to common shareholders of $180.8 million, or $1.55 per diluted common share.
(1)
Record non-GAAP net income available to common shareholders of $195.1 million, or $1.67 per diluted common share.
(1)
Annualized return on average tangible common shareholders’ equity
(2) was 30.8%.
(2) was 33.3%.
Increasing quarterly dividend by approximately 32% to $0.15 per common share starting in first quarter of 2021.
ST. LOUIS, Jan. 29, 2021 (GLOBE NEWSWIRE) Stifel Financial Corp. (NYSE: SF) today reported record net income available to common shareholders of $180.8 million, or $1.55 per diluted common share