Raymond James derives roughly 70% to 86% of quarterly revenue from non-interest fee income, with non-interest income of $2.8B to $3.4B per quarter, giving it a capital-markets earnings engine that has delivered diluted EPS of $2.12 to $3.40 across recent quarters.
Price trend, volume and key moving averages
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Net interest income has held in a narrow $521M to $566M band across most quarters with a roughly 0.6% net interest margin, so earnings quality rests heavily on fee income and efficiency ratios that moved between roughly 77% and 88%.
Raymond James reported record quarterly revenue of $3.7 billion in fiscal Q1 2026, up 6% year‑over‑year. Earnings per share surpassed analyst expectations, and the firm maintained its adjusted pretax margin target despite headwinds.
Net new assets in wealth management reached $31 billion in Q1 2026, representing an 8% annualized growth rate. Client assets grew 15% year‑over‑year, reaching a record $1.71 trillion.
A record advisor recruiting pipeline has driven growth in financial advisor headcount, leading to increased trailing production and expanding the firm’s distribution network.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $3.59+10.1% vs $3.26 | $4.3B+1.6% vs $4.2B |
Q3 2026 Jul 22, 2026 | $3.14+7.2% vs $2.93 | $3.9B+1.5% vs $3.9B |
Q2 2026 Apr 22, 2026 | $2.83+2.5% vs $2.76 | $3.9B+0.4% vs $3.8B |
Q1 2026 Jan 28, 2026 | $2.86+1.1% vs $2.83 | $3.7B-2.0% vs $3.8B |
RJF beats Q4 earnings and revenue estimates as record revenues, robust asset management growth and rising client assets drive performance despite higher costs.
Raymond James Financial NYSE: RJF reported record fourth-quarter and fiscal 2026 results, extending its streak of record annual performance to six consecutive years as growth in its Private Client Group, investment banking and bank lending supported revenues and profitability.
Although the revenue and EPS for Raymond James Financial (RJF) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Raymond James Financial, Inc. (RJF) Q4 2026 Earnings Call Transcript
Benchmark RJF against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Raymond James Financial, Inc. (RJF)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $162.81 | $31.28B | 13.45 | 12.27% | 14.63% | 23.43% | — | |
| $71.35 | $10.82B | 11.70 | 11.67% | 16.51% | 16.26% | 2.62% | |
| $2.54 | $2.54B | -6.02 | -3.03% | -2.34% | -7.48% | — | |
| $295.51 | $23.64B | 16.75 | 36.95% | 6.97% | 24.65% | 0.4% | |
| $148.61 | $3.84B | 22.21 | 14.77% | 10.5% | 19.27% | 0.58% | |
| $145.86 | $10.19B | 24.23 | 9.55% | 15.78% | 16.93% | 1.74% |
Raymond James Financial, Inc. (RJF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Raymond James Financial, Inc. (RJF) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Aug 19, 2026·SEC
Jul 22, 2026·SEC
Nov 25, 2025·SEC
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Raymond James Financial, Inc. (RJF) stock FAQ — growth, dividends, profitability & financials explained
Raymond James Financial, Inc. (RJF) grew revenue by 17.0% over the trailing twelve months, compared with the twelve months before.
Yes. Raymond James Financial, Inc. (RJF) earned $2.37B in net income over the trailing twelve months (a 14.6% net margin).
Raymond James Financial, Inc. (RJF) had a return on equity (ROE) of 23.4% over the trailing twelve months. That is well above the market's typical 10-15%.
Raymond James Financial, Inc. (RJF) has a net interest margin (NIM) of 1449.7%. This indicates healthy earnings from lending activities.
Raymond James Financial, Inc. (RJF) has an efficiency ratio of 78.9%. This is higher than peers, suggesting room for cost optimization.
