Stifel FinancialCorp. has closed the saleof 6 million depositary shares, each representing a 0.001 interest in a share ofthe company's 6.25% noncumulative series A preferred stock.

The offering was pursuant to an underwriting agreement betweenthe company and Keefe Bruyette & Woods Inc., Merrill Lynch Pierce Fenner &Smith Inc. and Morgan Stanley & Co. LLC as underwriters.