ST. LOUIS (AP) — ST. LOUIS (AP) — Stifel Financial Corp. (SF) on Wednesday reported net income of $251.4 million in its first quarter.

The St. Louis-based company said it had earnings of $1.48 per share. Earnings, adjusted for one-time gains and costs, were $1.45 per share.

The brokerage and investment banking firm posted revenue of $1.48 billion in the period. Its revenue net of interest expense was $1.48 billion, which beat Street forecasts.

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