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Mar 31, 2023
Raymond James Q2 2023 Earnings Report
Raymond James reported record net revenues and net income for Q2 2023.
Key Takeaways
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.
Record quarterly net revenues of $2.87 billion, up 7% year-over-year.
Net income available to common shareholders of $425 million, or $1.93 per diluted share.
Domestic Private Client Group net new assets of $21.5 billion, representing an 8.4% annualized growth rate.
Client assets under administration of $1.22 trillion and financial assets under management of $194.4 billion.
Revenue by Segment
Forward Guidance
The company is well positioned with strong capital ratios and a flexible balance sheet to remain a source of strength and stability for advisors and their clients.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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