RJF · Financials

RAYMOND JAMES FINANCIAL INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-07

• Advisor Recruitment ExpansionImportance 34 · Surprise 42
  Raymond James added The Carlson Group, a four-advisor team formerly at Baird, managing approximately $1.1 billion in client assets in Cranberry Township, Pennsylvania. Its independent channel also gained teams from LPL…

News · 2026-08-06

• Advisor Recruitment ExpansionImportance 34 · Surprise 42
  Raymond James added The Carlson Group, a four-advisor team formerly at Baird, managing approximately $1.1 billion in client assets in Cranberry Township, Pennsylvania. Its independent channel also gained teams from LPL…
• Revenue Performance and MixImportance 25 · Surprise 6
  Raymond James Financial reported fiscal third-quarter 2026 revenue of $4.36 billion. Diluted EPS was $3.01 for the quarter. Results were driven by higher asset management fees, increased brokerage and investment…

10-Q · 2026-08-05

• Acquisitions and PartnershipsImportance 71 · Surprise 60
  RJF completed its acquisition of Clark Capital on April 30, 2026, adding approximately $36 billion of financial assets under management and $11 billion of non-discretionary assets. Clark Capital contributed two months…
• Bank Net Interest IncomeImportance 69 · Surprise 64
  Bank segment second-quarter 2026 net revenues increased 7% to $488 million, while pre-tax income increased 67% to $206 million. Net interest income increased $32 million, or 7%, because average interest-earning assets…
• Asset Management GrowthImportance 67 · Surprise 66
  Asset Management second-quarter 2026 net revenues increased 24% to $362 million, and pre-tax income increased 14% to $143 million. Financial assets under management totaled $345.0 billion at June 30, 2026, up from…
• Distribution ChannelsImportance 65 · Surprise 48
  Raymond James expanded its RIA and custody services (RCS) channel, with RCS client assets reaching $251.3 billion as of June 30, 2026, up from $201.6 billion a year earlier. RCS fee-based assets increased to $220.1…
• Operating Income and MarginsImportance 64 · Surprise 56
  Fiscal third-quarter 2026 pre-tax income increased 33% year over year to $750 million, and the pre-tax margin expanded to 19.1% from 16.6%. Nine-month pre-tax income increased 12% to $2.21 billion, while the nine-month…
• Capital Return ProgramImportance 64 · Surprise 42
  Raymond James repurchased $400 million of common stock during the quarter ended June 30, 2026 at an average price of $152 per share. The company repurchased $1.2 billion of common stock during the first nine months of…
• Managed Assets And FlowsImportance 64 · Surprise 56
  Total financial assets under management reached $345.0 billion at June 30, 2026, up from $263.2 billion a year earlier, while gross financial assets under management including affiliated assets reached $362.1 billion.…
• Liquidity and Capital PositionImportance 61 · Surprise 32
  Common equity tier 1 capital declined to $10.651 billion at June 30, 2026 from $11.081 billion at September 30, 2025, while total capital declined to $11.126 billion from $11.687 billion. Treasury stock increased to a…
• Litigation and Legal RiskImportance 59 · Surprise 82
  Raymond James recorded a $58 million expense in the prior-year quarter related to the settlement of a legal matter, which did not recur in the quarter ended June 30, 2026. The company reported higher external legal…
• Capital Markets PerformanceImportance 59 · Surprise 48
  Capital Markets net revenues increased 25% year over year to $477 million in the quarter and 5% to $1.32 billion for the first nine months. Investment banking revenue increased 40% in the quarter, driven by more…
• Operating Expense TrendsImportance 54 · Surprise 40
  Private Client Group compensation-related expenses increased $321 million, or 18%, in the second quarter and $850 million, or 16%, over nine months, driven by higher commissions and advisor recruiting and retention…
• Interest Rate EnvironmentImportance 54 · Surprise 14
  Raymond James’ banking operations are exposed to interest-rate movements through a portfolio of cash, securities-based lending, commercial and real estate loans, residential mortgages, tax-exempt loans and…
• Liquidity and Debt PositionImportance 54 · Surprise 40
  Raymond James had $9.977 billion of cash and cash equivalents at June 30, 2026, including $2.52 billion of corporate cash, after a $1.41 billion decline from September 30, 2025. The firm had a $1 billion committed…
• Interest-Only Mortgage ExposureImportance 54 · Surprise 40
  Adjustable-rate and other residential mortgage loans with initial interest-only payment periods totaled $3.41 billion at June 30, 2026, up from $3.04 billion at September 30, 2025, a 12% increase. These loans…
• Revenue Performance and MixImportance 48 · Surprise 40
  Fiscal third-quarter 2026 net revenues increased 16% year over year to $3.93 billion, while nine-month net revenues increased 11% to $11.52 billion. Quarterly growth was driven by higher asset management and related…
• Wealth Management GrowthImportance 48 · Surprise 40
  Private Client Group asset management and related administrative fees increased 19% year over year in the quarter and 17% in the first nine months, driven by higher fee-based account assets, market appreciation, and…
• Outstanding IndebtednessImportance 46 · Surprise 42
  RJF issued $1.5 billion of senior notes in September 2025, increasing interest expense and reducing Other-segment net revenues during the current fiscal year. The company had $700 million of FHLB borrowings outstanding…
• Credit Loss Provision BenefitImportance 45 · Surprise 64
  The Bank segment recorded a $26 million credit-loss benefit in the second quarter of 2026 versus a $15 million provision in the prior-year quarter. The quarterly benefit reflected net paydowns in the corporate loan…
• Net Interest Income TrendsImportance 44 · Surprise 24
  Third-quarter 2026 combined net interest income and RJBDP fees from third-party banks were $658 million, approximately unchanged year over year. Growth in average Bank interest-earning assets, particularly…
• Regulatory RiskImportance 44 · Surprise 60
  Beginning in August 2024, the SEC Division of Enforcement requested information about Raymond James’ cash sweep programs for investment advisory clients, and the firm continues to cooperate. Three putative federal…
• Balance Sheet and LiquidityImportance 43 · Surprise 32
  Total assets increased $6.01 billion, or 7%, to $94.24 billion at June 30, 2026 from September 30, 2025. Bank loans, net increased $4.7 billion, while liabilities increased $5.7 billion, including a $4.42 billion…
• Bank Loan DemandImportance 43 · Surprise 32
  Bank loans, net increased $4.7 billion from September 30, 2025, primarily due to continued growth in securities-based and residential mortgage loans. Bank net interest income increased 7% in the quarter and 11% year to…
• Interest Rate Risk ExposureImportance 43 · Surprise 32
  Raymond James’ available-for-sale securities portfolio had a fair value of $6.50 billion as of June 30, 2026. The portfolio had a weighted-average yield of 2.46%, a weighted-average life of 3.8 years, and an effective…
• Credit Losses and Charge-OffsImportance 40 · Surprise 56
  Net charge-offs on loans held for investment increased to $29 million for the nine months ended June 30, 2026, from $22 million in the prior-year period, a 32% increase. Nine-month charge-offs included $21 million from…
• Credit Risk and Loan QualityImportance 40 · Surprise 56
  Bank credit quality remained generally strong, with nonperforming loans representing 0.27% of total loans held for sale and investment at June 30, 2026, down from 0.36% at September 30, 2025. Nine-month net charge-offs…
• Macroeconomic Factors ImpactImportance 29 · Surprise 48
  Raymond James states that a significant economic downturn, deterioration in real estate values, or problems in concentrated sectors could increase provisions for credit losses and loan charge-offs. Nonperforming assets…
• Residential Mortgage ConcentrationImportance 25 · Surprise 6
  California accounted for 20% of Raymond James's residential mortgage loans held for sale and investment at June 30, 2026, while Florida accounted for 18%. Texas, New York, and Colorado represented 8%, 7%, and 4%,…
• Residential Mortgage Credit TrendsImportance 25 · Surprise 32
  Residential mortgage delinquency remained low, with loans more than 30 days past due equal to 0.12% of outstanding residential mortgage balances at June 30, 2026, compared with 0.13% at September 30, 2025 and a 1.98%…
• FX / Currency HeadwindsImportance 23 · Surprise 22
  Raymond James’ banking operations have foreign-exchange exposure from investments in foreign subsidiaries and non-U.S.-dollar transactions. The bank loan portfolio included Canadian-dollar loans equivalent to $890…
• Credit Loss ProvisionsImportance 20 · Surprise 24
  Raymond James estimated allowance-for-credit-loss sensitivity for its bank loan portfolio using alternative macroeconomic scenarios as of June 30, 2026. A downside scenario involving a moderate recession would have…
• Liquidity and Cash PositionImportance 19 · Surprise 6
  Corporate-owned life insurance policies available as a liquidity source had a cash surrender value of $1.54 billion as of June 30, 2026. Raymond James could borrow up to 90%, or $1.38 billion, against those policies…
• Income Tax Rate ChangesImportance 18 · Surprise 14
  The third-quarter 2026 effective income tax rate decreased to 20.7% from 22.6% in the prior-year quarter. The quarterly reduction was primarily caused by higher non-taxable valuation gains on corporate-owned life…
• End-Market Demand TrendsImportance 17 · Surprise 24
  Client activity in the PCG segment increased year over year, supporting higher brokerage revenues. Investment banking demand also improved, with higher mergers and acquisitions and advisory activity as well as higher…
• Corporate Loan ConcentrationImportance 13 · Surprise 6
  Loan funds represented 9% of corporate bank loans held for sale and investment and 3% of total loans held for sale and investment at June 30, 2026. Subscription lines represented 6% and 2%, respectively, while…

News · 2026-08-05

• Revenue Performance and MixImportance 25 · Surprise 6
  Raymond James Financial reported fiscal third-quarter 2026 revenue of $4.36 billion. Diluted EPS was $3.01 for the quarter. Results were driven by higher asset management fees, increased brokerage and investment…
• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  Raymond James declared a quarterly dividend of $0.54 per share. The dividend was reported alongside fiscal third-quarter 2026 earnings that exceeded analyst estimates. The payment represents a recurring cash return to…

News · 2026-08-04

• Product Launch and TransitionImportance 31 · Surprise 42
  Raymond James Investment Management converted the Carillon ClariVest Capital Appreciation Mutual Fund into the actively managed RJ ClariVest Capital Appreciation ETF. The ETF trades on the NYSE and targets investors…
• ETF Product ExpansionImportance 31 · Surprise 42
  Raymond James Investment Management converted the Carillon ClariVest Capital Appreciation Mutual Fund into the actively managed RJ ClariVest Capital Appreciation ETF. The ETF began trading on the NYSE and focuses on…