Raymond James Earnings Reports

Raymond James Financial, Inc. reported record net revenues of $3.46 billion and net income available to common shareholders of $601 million, or $2.86 per diluted share, for the fiscal fourth quarter ended September 30, 2024. Record quarterly net revenues increased 13% over the prior year’s fiscal fourth quarter and 7% over the preceding quarter. Record quarterly net income available to common shareholders increased 39% over the prior year’s fiscal fourth quarter.

Raymond James Financial reported record quarterly net revenues of $3.23 billion, up 11% year-over-year, and net income available to common shareholders of $491 million, or $2.31 per diluted share. Adjusted net income was $508 million, or $2.39 per diluted share. The company saw record client assets under administration of $1.48 trillion and strong domestic Private Client Group net new asset annualized growth of 5.2%.

Raymond James Financial reported record quarterly net revenues of $3.12 billion for the fiscal second quarter ended March 31, 2024, a 9% increase over the prior year. Net income available to common shareholders was $474 million, or $2.22 per diluted share. The firm's client assets under administration reached a record $1.45 trillion.

Raymond James Financial reported record net revenues of $3.05 billion for the fiscal fourth quarter ended September 30, 2023, up 8% year-over-year. Net income available to common shareholders was $432 million, or $2.02 per diluted share. The company's Private Client Group and Bank segments generated record net revenues for the fiscal year.

Raymond James Financial, Inc. reported record net revenues of $2.91 billion and net income available to common shareholders of $369 million, or $1.71 per diluted share, for the fiscal third quarter ended June 30, 2023. The results were driven by higher net interest income and RJBDP fees from third-party banks, which were partially offset by elevated provisions for legal and regulatory matters.

Raymond James Financial reported record net revenues of $2.87 billion and net income available to common shareholders of $425 million, or $1.93 per diluted share, for the fiscal second quarter ended March 31, 2023. The results were driven by growth in the Private Client Group and Raymond James Bank, despite a challenging market environment.

Raymond James Financial reported a 5% increase in net revenues to $2.83 billion for the fiscal fourth quarter ended September 30, 2022. Net income available to common shareholders was $437 million, or $1.98 per diluted share. The results were driven by higher short-term interest rates, which offset declines in asset management and brokerage revenues.

Raymond James Financial reported net revenues of $2.67 billion and net income of $323 million, or $1.52 per diluted share, for the fiscal second quarter ended March 31, 2022. Quarterly net revenues grew 13% over the prior year’s fiscal second quarter primarily driven by higher asset management and related administrative fees, reflecting the strong year-over-year growth in Private Client Group assets in fee-based accounts and net interest income.

Raymond James Financial, Inc. reported record quarterly net revenues of $2.37 billion and net income of $355 million, or $2.51 per diluted share, for the fiscal second quarter ended March 31, 2021. The results were driven by higher asset management and related administrative fees, investment banking revenues and brokerage revenues. The company also reported record client assets under administration and a record number of financial advisors.

Raymond James Financial reported Q4 2020 results with record quarterly net revenues of $2.08 billion, up 3% year-over-year and 13% sequentially. Quarterly net income was $209 million, or $1.50 per diluted share. The company achieved record client assets under administration and financial assets under management.

Raymond James Financial, Inc. reported net revenues of $1.83 billion and net income of $172 million, or $1.23 per diluted share, for the fiscal third quarter ended June 30, 2020. While net revenues decreased compared to the prior year, net income increased sequentially due to non-taxable gains in the corporate-owned life insurance portfolio.

Raymond James Financial reported record quarterly net revenues of $2.07 billion, up 11% year-over-year, but net income decreased by 35% to $169 million, or $1.20 per diluted share, due to a $109 million bank loan loss provision. The Private Client Group segment saw record net revenues and pre-tax income.