RJF

Raymond James Financial Inc (RJF) Q3 2026 Earnings Call Highlights: Record Revenues and ...

Published: Jul 23, 2026   |  Read Original Article ↗

Article Summary

HOLD
  • Raymond James Financial Inc. (NYSE: RJF) reported record quarterly revenues of $3.93 billion, up 16% year-over-year, with pre-tax income of $750 million marking a 33% increase compared to the year-ago quarter, with net income reaching $595 million available to common shareholders and EPS reaching a record $3,14.
  • Raymond James Financial, posted record net new assets of $21.7 billion, representing a 5.5% annualized growth rate, with securities-based lending balances up 34% and total loans reaching $56.2 billion, with the Private Client Group ending the quarter with record $1.86 trillion of client assets under administration, up 18% year over year.
  • Cash sweep balances rose 2% sequentially, net interest income and RJBDP fees rose 1% and non-compensation expenses rose 3% sequently, driven by higher professional fees and business development expenses.
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Growth Stock Metric Rating
RJF Rating
46.2
SELL

Growth Stock Scoring Breakdown

METRIC VALUE WEIGHT ANALYSIS
Sales Growth TTM ? 5.8% 25% 35.0 ptsBelow Screener (5.8%) - Weak growth
EPS Growth Next 5Y ? 16.0% 25% 50.0 ptsMeets Minimum (16.0%) - Passes screener
Target Price Upside ? 9.9% 20% 35.0 ptsBelow Screener (9.9%) - Target: $184.67 vs Current: $168.01
Gross Margin % ? 87.7% 15% 100.0 ptsExceptional (87.7%) - Strong pricing power
Drawdown from 52-Wk High ? -5.4% 15% 20.0 ptsBarely a Dip (-5.4%) - Near recent highs
Disclaimer: This rating is for informational purposes only and is not financial advice. All data sourced from Finviz. Always conduct your own research and consult with a financial advisor before making investment decisions. Past performance does not guarantee future results.

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About RJF

Financial Services Asset Management 19,500 employees Saint Petersburg, United States
  • Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe.
  • The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services.
  • The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory; and fixed income and equity brokerage services.
  • This segment also offers institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature.
  • The Asset Management segment provides asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping.
  • The Bank segment offers various types of loans, including securities-based, corporate, commercial and industrial, commercial real estate and construction, real estate investment trust, residential mortgage, and tax-exempt loans; Federal Deposit Insurance Corporation-insured deposit accounts; retail and corporate deposit; and liquidity management products and services.
  • The Other segment engages in the private equity investments comprising investments in third-party funds.
  • The company offers corporate, retail banking and trust services.
  • Raymond James Financial, Inc. was founded in 1962 and is headquartered in Saint Petersburg, Florida.
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