v3.26.3
Fair Value Of Financial Instruments (Schedule of Fair Value of Financial Instruments) (Details) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Securities purchased under agreements to resell [1] $ 821,323 $ 564,162
Financial instruments owned 1,821,512 1,427,835
Available-for-sale securities 1,512,748 1,593,390
Held-to-maturity securities [2] 6,517,708 6,565,484
Securities sold under agreements to repurchase [3] 817,198 651,236
Financial instruments sold, but not yet purchased, at fair value 1,032,576 793,626
Senior notes 618,061 617,443
Carrying Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 1,629,363 2,253,789
Cash segregated for regulatory purposes 32,441 29,018
Securities purchased under agreements to resell 821,323 564,162
Financial instruments owned 1,821,512 1,427,835
Available-for-sale securities 1,512,748 1,593,390
Held-to-maturity securities 6,512,020 6,549,054
Bank loans 25,735,829 21,925,257
Loans held for sale 328,900 502,199
Investments 85,944 81,825
Derivative contracts, Assets [4] 99,373 71,297
Securities sold under agreements to repurchase 817,198 651,236
Bank deposits 32,807,264 29,752,063
Financial instruments sold, but not yet purchased, at fair value 1,032,576 793,626
Senior notes 618,061 617,443
Debentures to Stifel Financial Capital Trusts 55,000 55,000
Derivative contracts [5] 99,379 71,311
Estimated Fair Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 1,629,363 2,253,789
Cash segregated for regulatory purposes 32,441 29,018
Securities purchased under agreements to resell 821,323 564,162
Financial instruments owned 1,821,512 1,427,835
Available-for-sale securities 1,512,748 1,593,390
Held-to-maturity securities 6,517,708 6,565,484
Bank loans 25,395,573 21,610,180
Loans held for sale 328,900 502,199
Investments 85,944 81,825
Derivative contracts, Assets [4] 99,373 71,297
Securities sold under agreements to repurchase 817,198 651,236
Bank deposits 32,807,067 29,752,095
Financial instruments sold, but not yet purchased, at fair value 1,032,576 793,626
Senior notes 545,046 576,180
Debentures to Stifel Financial Capital Trusts 51,123 51,582
Derivative contracts [5] $ 99,379 $ 71,311
[1] Available collateral includes securities received from the counterparty. These securities are not included on the consolidated statements of financial condition unless there is an event of default. The fair value of securities received as collateral was $815.2 million and $561.3 million at September 30, 2026 and December 31, 2025, respectively.
[2] Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.
[3] Collateral pledged includes the fair value of securities pledged to the counterparty. These securities are included on the consolidated statements of financial condition unless we default. Collateral pledged by our company to the counterparty includes U.S. government agency securities, U.S. government securities, and corporate fixed income securities with market values of $687.8 million and $687.2 million at September 30, 2026 and December 31, 2025, respectively.
[4] Included in other assets in the consolidated statements of financial condition.
[5] Included in accounts payable and accrued expenses in the consolidated statements of financial condition.