7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 
      
    		                                                   
      cash flows from operating activities:
    		                                                   
      net income
    		211,371,000 155,055,000 52,992,000 244,005,000 158,505,000 165,294,000 163,575,000 162,484,000 68,161,000 134,352,000 157,539,000 176,621,000 151,169,000 160,816,000 173,549,000 261,390,000 192,376,000 198,077,000 173,015,000 188,469,000 120,527,000 107,887,000 86,589,000 130,668,000 110,122,000 109,757,000 99,439,000 114,062,000 103,858,000 87,287,000 88,761,000 -1,988,000 66,536,000 52,811,000 65,512,000 26,880,000 17,814,000 9,771,000 27,055,000 11,172,000 17,179,000 20,888,000 43,097,000 45,181,000 39,903,000 43,601,000 47,382,000 48,268,000 69,691,000 29,435,000 14,619,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                   
      depreciation and amortization
    		15,481,000 15,272,000 15,009,000 14,911,000 15,115,000 16,707,000 15,665,000 17,409,000 14,233,000 13,815,000 15,076,000 14,365,000 12,477,000 12,098,000 11,675,000 12,078,000 11,816,000 10,773,000 10,907,000 11,204,000 10,424,000 9,857,000 9,378,000 9,439,000 8,520,000 10,120,000 10,290,000 7,393,000 7,036,000 6,803,000 6,664,000 5,519,000 10,327,000 7,627,000 9,022,000 11,219,000 10,324,000 10,975,000 10,629,000 9,329,000 12,487,000 6,947,000 7,952,000 7,553,000 7,421,000 7,193,000 7,113,000 8,826,000 8,552,000 8,734,000 7,876,000 
      amortization of loans and advances to financial advisors and other employees
    		37,597,000 35,122,000 35,796,000 38,379,000 38,902,000 39,758,000 37,143,000 40,524,000 34,748,000 35,898,000 34,057,000 33,388,000 33,085,000 32,690,000 32,849,000 30,840,000 28,569,000 28,320,000 26,961,000 27,255,000 25,065,000 23,934,000 27,729,000 25,767,000 24,020,000 23,670,000 21,596,000 23,591,000 21,231,000 21,411,000 19,141,000 22,201,000 23,035,000 22,747,000 23,611,000 41,708,000 19,967,000 14,084,000 18,995,000 3,384,000 21,837,000 12,923,000 15,769,000 15,450,000 16,705,000 16,286,000 16,294,000 16,562,000 17,364,000 15,451,000 15,553,000 
      amortization of premium on investment portfolio
    		1,641,000 1,933,000 1,727,000 2,290,000 1,958,000 2,342,000 2,142,000 2,427,000 2,407,000 2,681,000 2,356,000 2,361,000 2,875,000 3,040,000 3,880,000 4,073,000 4,062,000 4,409,000 4,498,000 5,223,000 4,397,000 4,909,000 6,210,000 7,542,000 11,604,000 6,356,000 8,727,000 6,593,000 7,237,000 5,831,000 5,646,000 4,589,000 5,284,000 2,134,000 3,830,000 3,697,000 3,906,000 3,033,000 1,622,000 193,000 335,000 1,030,000 1,192,000 1,462,000 1,267,000   2,753,000 4,000,000   
      benefit from credit losses
    		                                                   
      amortization of intangible assets
    		5,662,000 5,541,000 5,396,000 5,858,000 5,872,000 5,996,000 5,842,000 7,057,000 4,802,000 4,633,000 4,437,000 4,629,000 4,388,000 5,484,000 5,094,000 4,972,000 4,457,000 4,491,000 4,268,000 5,131,000 4,729,000 4,728,000 5,032,000 5,055,000 3,820,000 3,547,000 3,593,000 3,816,000 3,001,000 3,002,000 2,738,000 3,043,000 2,846,000 3,265,000 2,981,000 3,869,000 2,550,000 5,034,000 2,974,000 4,471,000 2,279,000 1,731,000 1,942,000 2,604,000 1,558,000 1,723,000 6,481,000 7,986,000 1,318,000 1,689,000 1,138,000 
      deferred income taxes
    		-11,755,000 -13,255,000 -29,668,000 12,907,000 -22,209,000 -18,681,000 -2,655,000 48,990,000 -28,233,000 -17,858,000 13,069,000 28,383,000 -16,041,000 -25,381,000 25,732,000 74,596,000 -63,250,000 -26,495,000 47,253,000 -30,098,000 -11,729,000 -14,342,000 17,098,000 6,710,000 -14,084,000 -1,591,000 2,102,000 13,536,000 -5,845,000 -9,924,000 16,487,000 103,254,000 -72,998,000 68,000,000 19,873,000 19,614,000 -28,203,000 -18,328,000 72,979,000 -11,392,000 -7,983,000 -32,672,000 49,469,000 -11,855,000 -8,266,000 -18,540,000 43,917,000 44,298,000 -80,171,000 -5,362,000 14,846,000 
      stock-based compensation
    		25,558,000 35,848,000 57,633,000 35,315,000 33,258,000 28,392,000 56,797,000 34,026,000 30,359,000 32,795,000 43,083,000 32,224,000 28,088,000 29,691,000 45,502,000 34,101,000 26,712,000 26,542,000 32,029,000 27,230,000 25,764,000 24,461,000 30,762,000 23,861,000 23,886,000 22,324,000 32,119,000 25,407,000 27,740,000 20,570,000 27,072,000 58,848,000 26,347,000 27,351,000 27,915,000 37,210,000 54,744,000 63,899,000 30,450,000 55,072,000 29,409,000 58,804,000 22,356,000 23,154,000 23,765,000 74,019,000 -26,932,000 12,612,000 36,752,000 17,899,000 70,184,000 
      gains on sale of investments
    		          -1,353,000    -3,799,000                           728,000 -5,669,000         
      gains on sale of leased aircraft engines
    		                                                   
      other
    		10,438,000 -3,739,000 1,638,000 -9,803,000 2,041,000 1,498,000 -5,974,000 431,000 -919,000 9,217,000 -6,157,000 3,969,000 4,543,000 4,006,000 -3,666,000 -13,587,000 1,824,000 11,403,000 26,582,000 -2,400,000 277,000 -2,739,000 -5,464,000 -6,492,000 -6,391,000 -19,242,000 -6,429,000 75,853,000 -83,335,000 630,000 -3,871,000 660,000 266,000 1,112,000 999,000 197,000 3,615,000 3,388,000 -2,524,000 -13,437,000 7,290,000 -10,394,000 3,382,000 -11,768,000 -168,000 1,179,000 979,000 -27,432,000 23,523,000 -134,000 403,000 
      decrease/(increase) in operating assets, net of assets acquired:
    		                                                   
      receivables:
    		                                                   
      brokerage clients
    		-105,409,000 33,608,000 -53,407,000 19,619,000 -76,352,000 35,372,000 -34,495,000 44,167,000 9,226,000 63,920,000 -34,435,000 307,685,000 112,075,000 -23,903,000 -167,365,000 -28,706,000 209,935,000 -129,161,000 -266,101,000 118,159,000 -20,836,000 435,883,000 -117,920,000 177,168,000 -49,192,000 37,298,000 -182,761,000 265,187,000 -25,912,000 -510,000 -56,146,000 -94,065,000 74,593,000 -32,041,000 83,353,000 27,556,000 15,945,000 -83,057,000 216,856,000 -891,151,000 48,660,000 -102,684,000 -58,082,000 78,112,000 8,024,000 25,103,000 -52,322,000 -6,886,000 28,736,000 -8,958,000 -55,519,000 
      brokers, dealers, and clearing organizations
    		-140,386,000 -198,898,000 48,306,000 74,519,000 -134,781,000 232,653,000 -243,727,000 -51,136,000 -57,181,000 153,306,000 -39,648,000 123,365,000 -163,715,000 304,934,000 -108,419,000 -69,559,000 198,638,000 -124,635,000 -12,940,000 -104,807,000 138,773,000 120,936,000 -76,604,000 148,003,000 93,951,000 -177,843,000 -72,766,000 130,546,000 26,040,000 -127,210,000 -85,843,000 -123,194,000 22,847,000 197,763,000 469,038,000 -476,282,000 24,285,000 130,355,000 -117,959,000 49,443,000 184,159,000 -351,056,000 200,414,000 354,000 90,411,000 -200,030,000 -154,126,000 166,514,000 190,591,000 -210,040,000 -177,699,000 
      securities purchased under agreements to resell
    		111,909,000 5,320,000 -113,874,000 136,091,000 -225,528,000 11,517,000 -101,207,000 62,518,000 130,215,000 6,633,000 -201,053,000 193,678,000 66,211,000 199,613,000 -227,798,000 113,804,000 24,395,000 -152,905,000 -252,095,000 218,930,000 9,906,000 12,202,000 -73,960,000 239,041,000 -27,477,000 -28,538,000 131,866,000 -77,539,000 -56,320,000 102,961,000 -156,782,000 -53,885,000 19,756,000 -159,243,000 -70,260,000 49,239,000 -4,061,000 -85,820,000 -47,523,000 -71,956,000 154,477,000 -44,332,000 -143,534,000 70,435,000 96,696,000 72,054,000 -69,188,000 -56,893,000 -42,959,000 31,118,000 2,354,000 
      financial instruments owned
    		-196,965,000 75,643,000 -250,148,000                                                 
      loans originated as held for sale
    		-657,706,000 -474,207,000 -512,027,000 -551,646,000 -500,891,000 -484,821,000 -545,666,000 -380,830,000 -129,981,000 -104,240,000 -380,033,000 -62,958,000 -99,838,000 -177,034,000 -236,323,000 -402,624,000 -409,552,000 -431,068,000 -754,317,000 -1,006,252,000 -812,934,000 -725,280,000 -474,824,000 -554,918,000 -591,643,000 -429,706,000 -272,301,000 -241,921,000 -339,313,000 -355,674,000 -404,200,000 -411,732,000 -403,389,000 -400,221,000 -349,044,000   -674,139,000 -419,601,000 -508,167,000 -378,483,000 -504,977,000 -464,087,000 -320,960,000 -321,006,000 -289,992,000 -200,713,000 -206,479,000 -232,280,000 -399,349,000 -437,539,000 
      proceeds from loans held for sale
    		814,667,000 860,285,000 543,192,000 731,626,000 499,996,000 438,654,000 444,364,000                                             
      loans and advances to financial advisors and other employees
    		-45,834,000 -103,790,000 -24,060,000 -16,573,000 -14,503,000 -39,211,000 -87,795,000 -50,918,000 -49,537,000 -41,075,000 -40,053,000 -26,953,000 -22,281,000 -37,913,000 -45,237,000 -77,595,000 -42,334,000 -21,924,000 -30,700,000 -41,975,000 -67,546,000 -29,920,000 -40,554,000 -63,502,000 -39,212,000 -57,716,000 -50,216,000 -49,049,000 -30,698,000 -31,575,000 -5,599,000 -25,516,000 -13,594,000 -11,232,000 -21,873,000 -31,170,000 -13,900,000 -22,343,000 -25,417,000 -118,766,000 -19,996,000 -37,690,000 -10,782,000 -27,724,000 -13,860,000 -24,637,000 -12,995,000 -12,106,000 -27,777,000 -19,925,000 -12,049,000 
      other assets
    		-30,575,000 -12,539,000 81,775,000 -111,519,000 95,129,000 118,102,000 -98,281,000 -75,946,000 20,983,000 -53,114,000 218,000 -91,530,000 29,715,000 -50,595,000 46,390,000 -19,733,000 63,663,000 98,320,000 -238,950,000 -182,043,000 10,050,000 105,949,000 -51,427,000 4,712,000 7,949,000 -24,594,000 -24,357,000 -33,105,000 84,794,000 15,868,000 -69,119,000 -36,502,000 40,836,000 -31,105,000 -87,104,000 -23,845,000 14,160,000 -15,778,000 -133,412,000 28,371,000 47,388,000 4,845,000 -32,614,000 -45,277,000 57,289,000 -26,036,000 11,515,000 41,807,000 38,745,000 65,198,000 -66,088,000 
      increase/(decrease) in operating liabilities, net of liabilities assumed:
    		                                                   
      payables:
    		                                                   
      drafts
    		-4,482,000 18,968,000 -39,015,000 -7,660,000 55,717,000 -28,826,000 -10,149,000 40,256,000 -8,716,000 5,819,000 -21,883,000 31,759,000 -10,516,000 -8,259,000 -33,389,000 36,728,000 1,001,000 6,742,000 -39,591,000 27,039,000 377,000 -418,000 -29,019,000 34,943,000 -8,569,000 -7,240,000 -4,263,000 13,248,000 25,286,000 -9,818,000 -30,872,000 29,681,000 17,424,000 -23,491,000 -11,022,000 34,542,000 -8,909,000 -5,685,000 -109,354,000 114,341,000 9,937,000 4,738,000 -20,357,000 16,609,000 -9,960,000 -1,475,000 -4,686,000 19,559,000 -1,700,000 -1,464,000 -32,118,000 
      financial instruments sold, but not yet purchased
    		-13,435,000 -5,933,000 179,217,000 -122,638,000 100,391,000 -47,968,000 184,538,000 -80,549,000 -117,539,000 11,606,000 199,064,000 -182,897,000 -174,188,000 -129,513,000 185,265,000 -53,342,000 -127,882,000 204,148,000 206,784,000 -161,956,000 1,612,000 -70,473,000 5,943,000 -242,945,000 -50,547,000 -22,772,000 31,754,000 35,932,000 -33,307,000 -14,854,000 180,672,000 29,540,000 43,746,000 -48,881,000 55,426,000 33,275,000 50,072,000 -59,156,000 153,097,000 9,421,000 -54,403,000 21,845,000 -42,384,000 -25,758,000 -72,320,000       
      other liabilities and accrued expenses
    		159,778,000 131,690,000 -271,639,000 251,877,000 36,101,000 125,904,000 -145,642,000 60,801,000 195,428,000 79,551,000 -349,919,000 37,004,000 170,195,000 123,738,000 -507,658,000 162,170,000 161,529,000 -97,391,000 20,804,000 355,585,000 38,433,000 158,907,000 -234,445,000 171,399,000 93,547,000 25,884,000 -252,199,000 44,711,000 32,715,000 139,116,000 -238,121,000 43,998,000 159,562,000 103,100,000 -170,766,000 77,698,000 94,687,000 9,001,000 -246,487,000 -12,623,000 -25,911,000 65,257,000 -288,049,000 106,924,000 11,299,000 67,567,000 -248,454,000 69,000,000 58,640,000 47,792,000 -126,444,000 
      net cash from operating activities
    		  -211,208,000   207,239,000 -609,721,000 275,175,000 230,463,000 378,763,000 -385,073,000 787,176,000 570,716,000 461,576,000 -662,053,000 301,359,000   -520,185,000 327,292,000   -5,691,000   56,429,000 -366,840,000          204,975,000 -334,446,000 -97,584,000  570,909,000 -271,924,000 -300,425,000         
      cash flows from investing activities:
    		                                                   
      proceeds from:
    		                                                   
      principal paydowns, maturities, and calls of available-for-sale securities
    		109,055,000 77,343,000 88,000,000                                                 
      principal paydowns, maturities, and calls of held-to-maturity securities
    		947,705,000 229,320,000 615,712,000                                                 
      sale or maturity of investments
    		23,000 2,000 6,000 -766,000 1,000 373,000 4,830,000 0 13,900,000   7,992,000 2,669,000 0 10,092,000 2,025,000 0 16,473,000 1,108,000 -113,000 0 0 2,252,000 10,436,000 3,569,000   100,000 12,403,000 2,367,000 9,575,000 3,445,000 16,752,000 6,231,000 2,411,000 6,560,000 7,465,000 13,172,000 12,978,000 12,436,000 1,972,000 15,054,000 35,858,000 12,150,000 14,541,000 24,215,000 9,522,000 15,994,000 25,136,000 26,755,000 22,380,000 
      sale of leased aircraft engines
    		27,637,000 63,187,000 14,616,000 25,668,000 7,270,000                                               
      increase in loans held for investment
    		-358,773,000          -250,052,000 253,033,000 -1,699,791,000 -1,335,913,000 -1,039,983,000 -3,129,279,000 -504,996,000 -895,368,000 -1,079,671,000 -365,735,000 -200,269,000 -282,003,000 -593,296,000                             
      payments for:
    		                                                   
      purchase of fixed assets
    		-17,199,000 -14,832,000 -16,573,000 -17,431,000 -12,769,000 -33,952,000 -9,636,000 -12,950,000 -12,277,000 -11,338,000 -15,411,000 -37,403,000 -18,202,000 -14,094,000 -12,628,000 -14,993,000 -147,348,000 -14,590,000 -11,245,000 -2,832,000 -11,573,000 -5,957,000 -53,002,000 -41,590,000 -14,624,000 -28,815,000 -72,868,000 -89,936,000 -5,972,000 -7,713,000 -4,586,000 -7,064,000 -4,383,000 -8,756,000 -8,014,000 -6,896,000 -7,156,000 -4,889,000 -9,270,000 -8,159,000 -29,354,000 -11,313,000 -20,996,000 -4,248,000 -10,277,000 -5,676,000 -6,431,000 -11,201,000 -7,772,000 -8,374,000 -4,931,000 
      purchase of available-for-sale securities
    		-236,664,000 0 -90,408,000 -71,689,000 -74,884,000 -155,756,000 -7,000,000 0 -1,191,000 -10,893,000 -7,551,000 -422,000 0 -101,011,000 -1,906,000 -6,569,000 -187,642,000 -191,850,000 -427,596,000 -235,540,000 -27,000,000 0 -601,660,000 -810,000 -238,655,000 -250,000 -250,000 -218,505,000 -126,750,000 -112,762,000 -92,145,000 -233,336,000 -364,006,000 -594,442,000 -391,585,000 -324,000,000 -709,732,000 -397,980,000 -529,707,000 -991,531,000 -224,000 0 -199,000 -145,303,000 -138,845,000 -15,901,000 -116,802,000 -188,646,000 -107,951,000 -831,801,000 -185,892,000 
      purchase of held-to-maturity securities
    		-820,825,000 -97,600,000 -807,335,000 -564,450,000 -1,389,974,000 -784,400,000 -88,500,000     0 -111,950,000 -572,356,000 -70,000,000 -444,250,000 -665,030,000 -747,468,000 -811,473,000 0 0 0 -384,700,000 0    -39,000,000 -151,500,000 -782,597,000 -379,490,000 -321,250,000 -309,200,000 -183,750,000 -219,500,000 -885,741,000 -192,647,000 -148,660,000 -210,677,000     0 0 0 -7,959,000 0 0 0 -16,438,000 
      purchase of investments
    		-3,148,000 -686,000 -768,000 -4,434,000 -2,428,000 -2,080,000 -3,590,000 -13,985,000 -3,718,000 -635,000 -10,919,000 -2,101,000 -7,985,000 -1,230,000 -4,235,000 -2,794,000 -11,460,000 -6,380,000 -2,675,000 0 -8,417,000 0 -12,900,000 -28,463,000    -1,250,000 0   -2,704,000 -36,000 -1,406,000 -150,000 595,000 -4,631,000 -3,929,000 -1,313,000 -28,065,000 13,197,000 -11,021,000 -19,262,000 -11,644,000 -74,000 -1,747,000 -35,369,000 -1,127,000 -2,127,000 -10,965,000 -57,558,000 
      acquisitions, net of cash received
    		-2,287,000   -359,000 -7,354,000 0 -752,000 1,494,000 -53,167,000 -1,520,000 -58,765,000 -882,000     0 0 -315,000  0    -107,960,000 287,000 -28,523,000  29,808,000 0 -29,209,000  2,327,000 0 -9,070,000                 
      net cash from investing activities
    		-354,476,000          -289,734,000 264,093,000 -1,699,528,000 -1,953,407,000 -935,695,000 -3,034,098,000 -1,002,363,000 -1,206,111,000 -1,722,930,000    -1,065,991,000    -88,943,000 260,429,000 -237,428,000 -745,919,000 -266,323,000 -421,924,000 -1,099,125,000 -496,969,000 -629,365,000    -1,065,720,000    -100,267,000 -211,721,000 48,568,000 -83,484,000 -146,299,000 26,540,000 -72,712,000 -680,762,000 -379,340,000 
      cash flows from financing activities:
    		                                                   
      payment of contingent consideration
    		-62,000 -62,000 -128,000 -60,000 -149,000 -45,000 -708,000 -695,000 -5,126,000 4,118,000 -5,037,000 -10,000 -5,329,000 0 -5,974,000 0 -5,485,000 -833,000 -10,480,000 -5,936,000 -544,000 -19,533,000 -2,208,000 -2,601,000 0 -3,931,000 -2,994,000  0 -4,009,000 -7,900,000  -1,621,000 -3,351,000 -8,356,000                 
      increase in securities sold under agreements to repurchase
    		27,869,000 34,871,000 104,391,000  63,164,000 168,161,000 9,015,000    217,715,000    144,667,000    17,273,000      -197,390,000             26,273,000 12,055,000             
      increase in bank deposits
    		  537,045,000 981,709,000   219,832,000 -259,779,000   1,208,216,000 -73,508,000 1,181,319,000 1,813,674,000 915,278,000  790,074,000 893,667,000 1,318,636,000         1,360,661,000 111,086,000   527,974,000 833,487,000 349,513,000 173,478,000    579,744,000        -58,063,000 -478,000 221,355,000 450,482,000 210,435,000 
      increase in securities loaned
    		-79,840,000 107,757,000 113,316,000  -4,547,000 -67,576,000 88,685,000  -5,606,000 9,203,000 32,868,000  -61,582,000 -142,614,000 223,717,000          24,621,000 -32,866,000 132,952,000          25,047,000          -4,282,000   16,965,000 46,680,000 
      repayment of short term debt
    		-11,821,000                                                   
      repayment of senior notes
    		   0                                0    0 0 0 -175,000,000         
      tax payments related to shares withheld for stock-based compensation plans
    		-1,825,000 -4,472,000 -114,596,000 -16,933,000 -1,798,000 -3,593,000 -98,638,000 -10,478,000 -3,253,000 -6,418,000 -74,238,000 -15,112,000 -1,828,000 -1,347,000 -84,259,000 -8,363,000 -2,194,000 -1,169,000 -66,839,000 -5,084,000 -1,180,000 -1,077,000 -68,497,000 -2,843,000 -1,433,000 -1,145,000 -27,847,000 -3,414,000 -1,418,000 -1,863,000 -36,534,000                     
      repurchase of common stock
    		-31,238,000 -83,038,000 -93,173,000 -45,568,000 -20,222,000 -17,597,000 -60,710,000 -143,724,000 -118,810,000 -86,821,000 -94,521,000 -75,165,000 0   -88,018,000 -43,716,000 -28,969,000 -12,038,000 -1,744,000 0 -357,000 -56,160,000 -34,996,000 -55,468,000 -71,097,000 -53,869,000 -107,690,000 -16,631,000 -43,044,000 -2,839,000 0 0   0 -18,346,000 0 -95,116,000 -51,894,000        0 0   
      cash dividends on preferred stock
    		-9,320,000 -9,321,000 -9,320,000 -9,320,000 -9,320,000 -9,321,000 -9,320,000 -9,320,000 -9,321,000 -9,320,000 -9,320,000 -9,320,000 -9,320,000 -9,321,000 -9,320,000 -9,320,000 -9,689,000 -8,289,000 -8,289,000 -8,289,000 -9,284,000 -4,844,000 -4,844,000 -4,843,000 -4,844,000 -5,288,000 -2,344,000 -2,344,000 -2,343,000 -2,344,000 -2,344,000 -2,344,000 -2,343,000 -2,344,000 -2,344,000 -2,343,000                
      cash dividends paid to common stock and equity-award holders
    		-43,519,000 -52,707,000 -62,850,000 -45,364,000 -43,345,000 -38,228,000 -63,065,000 -39,402,000 -37,726,000 -38,847,000 -47,009,000 -33,209,000 -32,022,000 -32,065,000 -36,451,000 -19,029,000 -15,694,000 -15,931,000 -15,682,000 -11,697,000 -11,669,000 -11,659,000 -11,472,000 -10,251,000 -10,345,000 -8,408,000 -12,944,000 -8,615,000 -8,800,000 -8,594,000 -8,629,000                     
      extinguishment of stifel financial capital trust
    		                                   0 0               
      net cash from financing activities
    		1,310,485,000 -1,030,060,000 456,508,000  464,548,000 -382,857,000 85,091,000    1,228,674,000 -352,707,000 978,791,000 1,389,672,000 1,175,658,000  578,551,000 1,105,029,000 1,309,158,000         517,709,000 202,915,000 702,767,000 324,304,000 809,497,000 674,960,000 239,502,000 36,531,000 1,854,982,000 1,684,481,000 1,246,920,000 931,821,000   -26,808,000 118,547,000 63,352,000 -267,747,000 34,503,000 293,089,000 -228,595,000 9,106,000 440,811,000 493,702,000 
      effect of exchange rate changes on cash
    		-3,614,000 8,535,000 3,073,000 -8,791,000 4,984,000 -574,000 -1,644,000 4,540,000 -3,472,000 957,000 3,429,000 84,028,000 -11,405,000 -14,486,000 -3,084,000 371,000 -8,652,000 2,409,000 2,336,000 8,894,000 7,946,000 -156,000 -9,822,000 10,130,000 -4,064,000 -3,290,000 2,156,000 -2,262,000 -1,331,000 -5,834,000 3,736,000 717,000 2,644,000 2,240,000 2,294,000 -4,285,000 -1,036,000 -5,093,000 -2,186,000 -2,154,000 -2,503,000 4,937,000 -3,881,000 -1,491,000 -7,886,000 1,732,000 337,000 269,000 2,671,000 -220,000 -1,070,000 
      increase/(decrease) in cash, cash equivalents, and cash segregated for regulatory purposes
    		  75,854,000    -49,494,000 722,097,000   557,296,000      574,260,000   581,262,000 -31,828,000 322,902,000 305,900,000                             
      cash, cash equivalents, and cash segregated for regulatory purposes at beginning of period
    		0 0 2,678,203,000  0 0 3,523,849,000  0 0 2,229,002,000  0 0 2,149,657,000  0 0 2,452,206,000  0 0 1,273,970,000  0    0                       
      cash, cash equivalents, and cash segregated for regulatory purposes at end of period
    		1,290,693,000 -827,994,000 2,754,057,000  -711,674,000 -817,395,000 3,474,355,000  872,454,000 -857,000,000 2,786,298,000  -161,426,000 -116,645,000 1,724,483,000  574,260,000 -14,477,000 1,520,585,000  -31,828,000 322,902,000 1,579,870,000  112,932,000    130,850,000                       
      supplemental disclosure of cash flow information:
    		                                                   
      cash paid for interest
    		211,555,000 211,003,000 215,510,000  255,915,000 249,901,000 257,723,000  222,464,000 194,456,000 158,201,000  65,091,000 22,278,000 15,731,000  15,436,000 16,024,000 15,610,000  19,324,000 18,943,000 28,707,000  46,872,000 53,687,000 49,425,000  49,112,000 37,352,000 25,368,000  17,614,000 16,194,000 16,093,000  16,361,000 16,626,000 13,630,000  9,600,000 9,938,000 10,135,000  14,237,000 8,612,000 8,356,000  11,870,000 11,919,000 10,407,000 
      cash paid for income taxes, net of refunds
    		40,995,000 73,562,000 8,033,000  34,364,000 36,244,000 114,746,000  9,325,000 91,207,000 4,037,000  50,841,000 102,034,000 9,806,000  58,232,000 161,015,000 8,394,000  92,662,000 4,105,000 15,423,000          780,000 14,238,000 3,573,000  852,000 1,150,000 20,061,000  13,164,000 1,015,000 30,936,000  27,840,000    -41,000   
      noncash investing and financing activities:
    		                                                   
      transfer of loans held for investment to held for sale
    		-42,114,000                                                   
      unit grants, net of forfeitures
    		8,813,000 70,125,000 158,245,000  9,247,000 24,289,000 124,212,000  10,533,000 24,907,000 143,638,000  4,171,000 28,119,000 156,069,000  7,378,000 6,754,000 128,639,000  4,533,000 6,746,000 106,522,000  26,020,000 10,175,000 92,344,000  14,348,000 14,025,000 90,678,000  7,311,000 13,357,000 35,273,000  26,609,000 32,860,000 98,876,000  26,697,000 52,403,000 53,045,000         
      adjustments to reconcile net income to net cash provided by/(used in) operating activities:
    		                                                   
      benefit from credit losses and allowance for loans and advances to financial advisors and other employees
    		 8,328,000 12,020,000 11,893,000 5,287,000 2,953,000 5,269,000 2,263,000 9,992,000 7,824,000 4,920,000 6,028,000 6,453,000 12,785,000 8,240,000 4,062,000 -660,000 -9,652,000 -5,252,000 -1,141,000 -1,076,000                               
      (gains)/losses on sale of investments
    		 -4,063,000 -405,000      -927,000          -4,284,000  -4,930,000 -3,285,000 31,043,000  13,205,000 -12,310,000 -2,174,000  2,909,000 4,649,000 2,884,000  -1,033,000 604,000 -2,459,000   85,000 3,826,000             
      gain on sale of leased aircraft engines
    		 -28,453,000 -3,610,000 -25,668,000 -1,053,000                                               
      net cash provided by/(used in) operating activities
    		                           577,611,000 166,694,000 157,069,000 -371,848,000 -280,923,000 332,383,000 274,894,000 335,995,000         304,524,000 341,893,000 -57,870,000 -338,278,000 269,102,000 343,253,000 33,433,000 56,431,000 
      decrease in bank deposits
    		                          -813,736,000              -197,126,000           
      decrease in cash, cash equivalents, and cash segregated for regulatory purposes
    		            -161,426,000 -116,645,000 -425,174,000          112,932,000    130,850,000                       
      decrease in loans held for investment
    		  24,231,000                                                 
      net cash (used in)/provided by investing activities
    		  -172,519,000                  -146,975,000                               
      repayment of short-term debt
    		  -18,177,000                                                 
      noncash financing activities:
    		                                                   
      unrealized (gains)/losses on investments
    		                                                   
      financial instruments owned, including those pledged
    		   182,290,000 -55,875,000 -30,361,000 -312,114,000 138,004,000 143,566,000 -171,096,000 -242,050,000 265,934,000 273,346,000 8,604,000 -122,632,000 233,883,000 45,627,000 -263,731,000 -287,254,000 125,687,000 26,503,000 86,293,000 40,421,000 225,308,000 162,467,000 -54,868,000 2,641,000 -104,717,000 114,691,000 -96,376,000 -37,363,000 -78,181,000 -1,852,000 -5,562,000 -131,791,000 223,740,000 -62,310,000 -57,694,000 -279,338,000 59,232,000 131,837,000 -76,044,000 -24,309,000 165,292,000 87,493,000       
      principal paydowns, calls, maturities, and sales of available-for-sale securities
    		   67,135,000 91,377,000 69,857,000 45,431,000 25,288,000 33,589,000 31,923,000 47,416,000                                         
      calls and principal paydowns of held-to-maturity securities
    		   653,248,000 835,328,000 518,849,000 183,460,000 11,425,000 51,015,000 33,252,000 5,548,000 1,287,000 4,665,000 6,045,000 102,744,000 443,971,000 305,179,000 521,528,000 480,635,000 4,180,000 323,000 277,000 155,184,000 25,275,000 200,400,000 141,869,000 114,535,000 384,610,000 104,967,000 108,156,000 230,172,000 176,879,000 61,122,000 64,545,000 67,473,000 87,526,000 70,227,000 56,109,000 37,577,000 43,317,000 30,038,000 29,717,000 23,186,000 22,213,000 28,165,000 20,544,000 25,696,000 33,318,000 28,967,000 15,129,000 16,289,000 
      decrease/(increase) in loans held for investment
    		      352,537,000 854,691,000 116,974,000                                           
      net cash provided by/(used in) investing activities
    		     -641,203,000 476,780,000 865,963,000 145,125,000                83,526,000            -1,577,464,000    121,722,000           
      increase/(decrease) in securities sold under agreements to repurchase
    		       8,694,000 90,629,000   -45,748,000 -92,447,000   131,092,000 -211,795,000      83,894,000    -93,419,000 39,910,000 -18,850,000 168,132,000 112,498,000         171,737,000   216,678,000 -104,634,000   -17,650,000 8,358,000   -31,817,000 
      increase/(decrease) in securities loaned
    		               -34,346,000 -115,671,000 67,535,000 86,577,000    -272,560,000     -298,987,000 90,018,000 171,759,000 209,590,000 1,000 -42,565,000      -151,319,000 282,955,000 -56,694,000 99,004,000 442,000 -21,593,000 682,000   -128,220,000    
      net cash provided by/(used in) financing activities
    		                   730,292,000 -327,322,000 -591,501,000 1,387,404,000                             
      cash, cash equivalents, and cash segregated for regulatory purposes at beginning of year
    		                                                   
      cash, cash equivalents, and cash segregated for regulatory purposes at end of year
    		                                                   
      adjustments to reconcile net income to net cash (used in)/provided by operating activities:
    		                                                   
      unrealized gains on sale of investments
    		                                                   
      net cash (used in)/provided by operating activities
    		                                                   
      (increase)/decrease in loans held for investment
    		                                                   
      (decrease)/increase in cash, cash equivalents, and cash segregated for regulatory purposes
    		                  -931,621,000                                 
      losses/(gains) on sale of investments
    		     70,000 373,000                                             
      sale of fixed assets
    		                                                   
      other financing
    		                                                   
      net cash (used in)/provided by financing activities
    		                       255,559,000 -310,246,000 -257,901,000 -764,282,000                         
      proceeds from mortgages held for sale
    		        126,596,000 182,599,000 317,468,000 89,802,000 157,759,000 142,655,000 202,870,000 359,799,000 421,650,000 580,432,000 952,053,000 753,051,000 992,068,000 642,687,000 506,936,000 526,632,000 496,050,000 426,295,000 333,478,000 293,320,000 272,028,000 405,842,000 373,919,000 363,618,000 373,594,000 459,680,000 361,435,000 731,598,000 851,895,000 568,571,000 472,886,000 496,926,000 412,444,000 510,047,000 394,751,000 303,436,000 336,273,000 267,115,000 205,494,000 175,013,000 306,674,000 413,866,000 476,999,000 
      (decrease)/increase in bank deposits
    		                       495,935,000 -64,415,000                           
      proceeds from federal home loan bank advances
    		              28,000,000              294,050,000 -67,000,000 82,000,000  0 0 290,000,000  -365,000,000 365,000,000 352,000,000             
      unrealized losses on investments
    		                                                   
      disposition of business
    		                   0 0 0 37,000,000             8,743,000                
      losses on sale of investments
    		            465,000    749,000                   1,883,000                
      principal paydowns, calls, and maturities of available-for-sale securities
    		                208,934,000 111,544,000 128,302,000                                 
      proceeds from preferred stock issuance
    		               167,000    0 15,000   0 0 -306,000 155,294,000                         
      redemption of preferred stock
    		               0                                    
      principal paydowns and maturities of available-for-sale securities
    		             65,152,000 80,221,000                                     
      unrealized losses/(gains) on investments
    		                                                   
      sale of other real estate owned
    		                       1,650,000                    0 0 0 131,000 0 173,000   
      acquisitions, net of cash acquired
    		                                     -3,244,000 -68,680,000 -623,115,000 0   -41,194,000 -31,262,000   76,708,000 -196,000 -10,821,000 -154,283,000 
      increase/(decrease) in bank deposits
    		                   996,496,000 97,180,000 -578,112,000 1,548,352,000        -82,312,000      2,004,222,000      43,959,000  -101,134,000       
      repayments of borrowings
    		                       0 0    -244,197,000                       
      repayments of federal home loan bank advances
    		                   0                                
      proceeds from issuance of senior notes
    		                   90,000                0        0        
      repayments of senior notes
    		                                                   
      cash paid to employees upon settlement of equity awards
    		                   0 0 0 -27,101,000                             
      proceeds from non-controlling interests
    		                       0 0 0 26,800,000                         
      proceeds from/(repayments of) federal home loan bank advances
    		                          -290,000,000                         
      proceeds from borrowings
    		                      198,000,000    218,315,000          -100,957,000 7,576,000 238,497,000             
      maturities, calls, sales, and principal paydowns of available-for-sale securities
    		                                       13,458,000 124,632,000 656,519,000 72,290,000 156,330,000 296,995,000   59,723,000 68,680,000 238,746,000 68,678,000 
      sale of equipment
    		                                                   
      (decrease)/increase in securities sold under agreements to repurchase
    		                   8,684,000 -37,617,000             24,272,000 -48,819,000                 
      (decrease)/increase in securities loaned
    		                   57,772,000 -40,849,000                               
      proceeds from stock option exercises
    		                           0 0 1,504,000 774,000     329,000                
      principal paydowns, sales, calls, and maturities of available-for-sale securities
    		                    99,961,000 296,830,000 385,131,000                             
      procceds from issuance of senior notes
    		                                                   
      benefit from loan losses and allowance for loans and advances to financial advisors and other employees
    		                      19,253,000 5,170,000 999,000 3,227,000 1,611,000 5,621,000 7,385,000 3,937,000 2,658,000 6,960,000 8,230,000 4,536,000 6,259,000 6,391,000 4,823,000 2,008,000 4,571,000 9,185,000 1,116,000 2,193,000 2,200,000 2,881,000 2,140,000 2,805,000 1,887,000 4,223,000 2,944,000 2,157,000 1,294,000 
      (gain)/losses on sale of investments
    		                                                   
      (repayments of)/proceeds from advances from the fhlb
    		                                                   
      increase in bank loans
    		                        -138,499,000 -258,862,000 -195,186,000 -268,748,000 -405,704,000 -274,528,000 -130,566,000 -172,835,000 -630,975,000 -301,812,000 -269,337,000 -640,528,000 -789,380,000 -704,566,000 -327,931,000 -142,369,000 -18,614,000 -166,397,000 -190,183,000 -200,025,000 -110,675,000 -262,457,000 -95,197,000 -4,180,000 -77,622,000 -99,631,000 -67,585,000 
      (repayments of)/proceeds from federal home loan bank advances
    		                        0                           
      issuance of common stock for acquisitions
    		                                0 0 9,352,000  0 0 11,427,000  0        0 0 265,918,000 
      maturities and principal paydowns of available-for-sale securities
    		                         316,962,000 93,349,000  305,320,000 328,736,000 129,926,000  129,274,000 522,421,000 198,407,000  35,793,000 73,357,000 31,303,000             
      cash paid for income taxes, net of refunds/
    		                         84,340,000 466,000                    30,269,000    15,264,000 
      decrease in cash and cash equivalents
    		                          -1,217,909,000    -310,131,000  -89,138,000 19,667,000 -254,545,000  310,956,000 -213,249,000 -233,669,000  -34,837,000 238,181,000 -286,026,000         
      cash and cash equivalents at beginning of period
    		                          2,069,374,000    787,085,000  0 0 912,932,000  0 0 811,019,000  0 0 689,782,000  0 0 716,560,000  0 0 403,941,000 
      cash and cash equivalents at end of period
    		                          851,465,000    476,954,000  -89,138,000 19,667,000 658,387,000  310,956,000 -213,249,000 577,350,000  -34,837,000 238,181,000 403,756,000  114,828,000 -105,119,000 525,409,000  282,318,000 -206,738,000 573,664,000 
      tax deficit from stock-based compensation
    		                                                   
      gain on extinguishment of stifel financial capital trust
    		                                   0 0               
      proceeds from/(repayments of) short-term borrowings
    		                                  -178,000,000                 
      proceeds from/(repayments of) advances from the fhlb
    		                                                   
      issuance of preferred stock, net of issuance costs
    		                                                   
      contingent consideration
    		                                                   
      (refunds, net of taxes paid for income taxes)/cash paid for income taxes, net of refunds
    		                             3,790,000 -21,076,000                     
      proceeds from/(repayments of) borrowings
    		                              60,000,000  -27,000,000                   
      tax deficit/(excess tax benefits) from stock-based compensation
    		                                                   
      cash segregated for regulatory purposes
    		                                                   
      sale of bank foreclosed assets
    		                                                   
      proceeds from advances from the federal home loan bank
    		                                                   
      (tax deficit)/excess tax benefits from stock-based compensation
    		                                                   
      increase/(decrease) in cash and cash equivalents
    		                                           154,664,000   -191,151,000   -206,738,000 169,723,000 
      cash and cash equivalents at beginning of year
    		                                                   
      cash and cash equivalents at end of year
    		                                                   
      cash segregated for regulatory purposes and restricted cash
    		                                -25,025,000 64,000 73,021,000  59,310,000 -23,083,000 190,676,000  -171,000 -23,000 49,519,000 -49,607,000 -1,000 -1,000 4,266,000 149,000 -4,000 -1,000 127,998,000 
      proceeds from issuance of preferred stock
    		                                                   
      decrease in securities sold under agreements to repurchase
    		                                                   
      restricted stock conversions
    		                                10,440,000 -3,728,000 -82,954,000                 
      cash dividends on common stock
    		                                                   
      decrease in securities loaned
    		                                  -106,474,000                 
      extinguishment of subordinated debt
    		                                           0 0 0 -3,131,000 0 0 0 -2,187,000 
      excess tax deficit/(tax benefits) from stock-based compensation
    		                                                   
      mortgages originated as held for sale
    		                                                   
      excess (tax deficit)/tax benefits from stock-based compensation
    		                                                   
      shares surrendered into treasury
    		                                        0 0 223,000         
      excess tax benefits/(tax deficit) from stock-based compensation
    		                                     982,000 4,215,000             
      issuance of common stock for stock option exercises
    		                                     0 175,000 317,000 98,000 45,000 200,000 182,000 21,000       
      excess tax benefits from stock-based compensation
    		                                       2,290,000 -4,577,000 -686,000 -11,768,000 -1,638,000 -1,012,000 -276,000 -16,932,000 -1,572,000 -1,133,000 -1,076,000 -8,237,000 
      gain on acquisition
    		                                                   
      sale of aircraft
    		                                                   
      repayments of short-term borrowings
    		                                                   
      repayment of non-recourse debt
    		                                               -32,111,000 -20,913,000 -2,910,000 -3,058,000 
      proceeds/(repayments) of borrowings
    		                                                   
      proceeds from short-term borrowings from banks
    		                                         307,068,000 20,500,000         
      acquisitions
    		                                          -961,000         
      (repayments of)/proceeds from short-term borrowings from banks
    		                                              359,200,000    265,100,000 
      proceeds from issuance of non-recourse debt
    		                                                   
      (gains)/losses on investments
    		                                            4,051,000 -3,162,000 -1,783,000  11,016,000 -2,910,000 3,530,000 
      payments of short-term borrowings from banks
    		                                                   
      repurchase of treasury stock
    		                                                   
      reissuance of treasury stock
    		                                                442,000 212,000 297,000 
      stock units granted, net of forfeitures
    		                                            35,640,000 30,128,000 86,347,000  45,134,000 22,692,000 137,694,000 
      amortization of premium/(accretion of discount) on investment portfolio
    		                                              960,000    -2,989,000 
      trading securities owned, including those pledged
    		                                              -190,216,000  -118,833,000 182,032,000 -39,304,000 
      trading securities sold, but not yet purchased
    		                                              233,902,000  17,934,000 -107,150,000 217,385,000 
      maturities, calls, sales, and principal paydowns on available-for-sale securities
    		                                              80,110,000     
      issuance of common stock
    		                                              83,000  0 0 15,000 
      repayments of short-term borrowings from banks
    		                                                   
      increase in cash and cash equivalents
    		                                                   
      amortization of premium on available-for-sale securities
    		                                                   
      maturities, calls, and principal paydowns on held-to-maturity securities
    		                                                   
      sale of bank branch
    		                                                   
      net proceeds from short-term borrowings from banks
    		                                                   
      extinguishment of senior notes
    		                                                   
      (decrease)/increase in cash and cash equivalents
    		                                                   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.