Raymond James Q4 2024 Earnings Report
Key Takeaways
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.
Record quarterly net revenues of $3.46 billion, up 13% over the prior year’s fiscal fourth quarter and 7% over the preceding quarter
Record quarterly net income available to common shareholders of $601 million, or $2.86 per diluted share
Record client assets under administration of $1.57 trillion, up 25% over September 2023
Domestic Private Client Group net new assets of $13.0 billion for the fiscal fourth quarter
Raymond James
Raymond James
Raymond James Revenue by Segment
Forward Guidance
Raymond James is well positioned entering fiscal 2025 with record client asset levels, healthy pipelines for growth across the business and ample funding to support balance sheet growth. The company is focused on maintaining strong capital ratios and a flexible balance sheet to support results in any market environment.
Revenue & Expenses
Visualization of income flow from segment revenue to net income