RJF · 10-Q · 2026Q2 · Full report

Balance Sheet and Liquidity

RAYMOND JAMES FINANCIAL INC · 2026-08-05 · Importance 43 · Surprise 32 · No source text

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 increase in bank deposits and a $1.03 billion increase in brokerage client payables. Cash and cash equivalents declined $1.41 billion to $9.98 billion, primarily due to bank-loan investment, acquisitions, common-stock repurchases, advisor loans, and dividends. RJF held $2.52 billion of corporate cash at June 30, 2026, including $771 million loaned to RJ&A.

Key facts

• Total assets as of June 30, 2026: $94.24 billion, $6.01 billion or 7% higher than total assets as of September 30, 2025 source
• Total interest-earning assets average daily balance for quarter ended June 30, 2026: $84,253 million with annualized average rate 4.70% compared with $77,335 million at 5.10% for prior-year quarter source
• Total interest-bearing liabilities average daily balance for quarter ended June 30, 2026: $73,768 million with annualized average rate 2.36% compared with $66,682 million at 2.68% for prior-year quarter source
• Total loans held for investment at June 30, 2026 were $56,491 million; total loans held for sale and investment were $56,625 million. source
• Total liabilities as of June 30, 2026: $81.45 billion, $5.7 billion or 8% higher than as of September 30, 2025, primarily due to a $4.42 billion increase in bank deposits source
• Available-for-sale securities portfolio fair value of $6.50 billion with a weighted-average yield of 2.46% and a weighted-average life of 3.8 years as of June 30, 2026; effective duration approximately 3.29 as of June 30, 2026. source
• Outstanding balance of securities loaned included in Collateralized financings: $564 million as of June 30, 2026. source

Impact estimates