Raymond James Financial Reports Record Quarterly Revenues of $3.93 Billion

Earnings
โดย GuruFocus·Read original
Summary · why it matters

Raymond James Financial posted record quarterly revenues of $3.93 billion for its fiscal third quarter of 2026, a 16% increase from the prior-year period. Pre-tax income rose 33% to $750 million, while net income available to common shareholders reached $595 million, yielding record earnings per share of $3.01 and adjusted EPS of $3.14. Client assets under administration climbed to a record $1.86 trillion, up 18% year-over-year, supported by net new assets of $21.7 billion, an annualized growth rate of 5.5%. The company also reported record loans of $56.2 billion, with securities-based lending balances surging 34% from a year ago, and completed the acquisition of Clark Capital, which added approximately $47 billion in combined assets under management and non-discretionary assets.

Impact on stocks 1

Financials · 1 stocks

Off-coverage companies 1

Clark Capital Management GroupPrivate▲ Positive
Capitalrelevance

Acquired by Raymond James, adding assets under management.