Stifel Financial named to listStifel Financial Corp. has been named to Fortune magazine’s annual 100 Fastest-Growing Companies list. The firm ranked No. 2 in the financial services industry, No. 16 among U.S. firms and No. 25 overall.
Stifel Financial Corp. has been named to Fortune magazine’s annual 100 Fastest-Growing Companies list. The firm ranked No. 2 in the financial services industry, No. 16 among U.S. firms and No. 25 overall.
In compiling the list, Fortune ranked companies based on the last three years of revenue, profit growth and total return using data provided by Zacks Investment Re-search. For the prior three years, as used in the survey, Stifel Financial Corp.’s annual growth rates were: revenue, 47 percent; profits, 39 percent; and total return to investors, 27 percent.
“We are honored to be a part of this list, especially in light of the current economic environment, which has not been kind to many firms in our industry,” said Ronald J. Kruszewski, chairman, president and CEO of Stifel Financial Corp. “In recent years, we’ve added a number of talented individuals who share our commitment to doing what’s best for our clients and are constantly on the lookout for opportunities that will enable us to continue to drive revenue and share growth. We still see opportunities to continue to expand our businesses both organically and through recruitment of talented individuals who share our vision.”
Fortune’s 100 Fastest-Growing Companies list includes only profitable, publicly traded companies with at least $50 million in annual revenue and a market capitalization of at least $250 million. Companies on the list must also have posted yearly revenue and earnings per share growth of at least 20 percent. This year, the list was expanded to include businesses from around the world listed on a U.S. exchange.