---
schema_version: "secwatch.filing_event.v1"
accession: "0000720005-23-000039"
form_type: "8-K"
ticker: "RJF"
cik: "0000720005"
company_name: "RAYMOND JAMES FINANCIAL INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:23:29.000517+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Raymond James reports record Q2 net revenues $2.87B, EPS $1.93; adjusted EPS $2.03

## Summary
- Record quarterly net revenues of $2.87B, up 7% YoY; net income $425M, diluted EPS $1.93.
- Adjusted net income $446M, adjusted diluted EPS $2.03, excluding $28M acquisition costs.
- Domestic Private Client Group net new assets $21.5B (8.4% annualized growth); total AUA $1.22T.
- Bank segment record net revenues $540M (+174% YoY); NIM 3.63% (+162 bps YoY); net loans $43.7B.
- Repurchased 3.75M shares for $350M; $1.1B remaining; revolving credit expanded to $750M.

## SEC filing metadata
- accession: 0000720005-23-000039
- form_type: 8-K
- ticker: RJF
- cik: 0000720005
- company_name: RAYMOND JAMES FINANCIAL INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720005/000072000523000039/0000720005-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720005/000072000523000039/rjf-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000720005-23-000039
- JSON: https://secwatch.observer/filing/0000720005-23-000039.json
- Plain text: https://secwatch.observer/filing/0000720005-23-000039.txt

## Key facts
- Earnings Releases
  RAYMOND JAMES FINANCIAL INC reported first half of fiscal 2023 results: revenue $5.66 billion, net income $932 million, EPS $4.23 per diluted share.
  - Period: first half of fiscal 2023
  - Revenue: $5.66 billion
  - Net income: $932 million
  - EPS: $4.23 per diluted share
  - Result: reported results
  source text: Record net revenues of $5.66 billion and record net income available to common shareholders of $932 million for the first half of fiscal 2023, up 4% and 21%, respectively, over the first half of fiscal 2022 • Annualized return on common equity of 19.3% and annualized adjusted return on tangible common equity of 24.2% (2) for the first half of fiscal 2023 ST. PETERSBURG, Fla – Raymond James Financial, Inc. (NYSE: RJF) today 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. Excluding $28 million of expenses related to acquisitions, quarterly adjusted net income available to common shareholders was $446 million (2) , or $2.03 per diluted share (2) . Record quarterly net revenues increased 7% over the prior year’s fiscal second quarter. The benefit of higher short-term interest rates on net interest income and RJBDP fees from third-party banks was par
  evidence_url: https://www.sec.gov/Archives/edgar/data/720005/000072000523000039/0000720005-23-000039-index.htm
- Earnings Releases
  RAYMOND JAMES FINANCIAL INC reported fiscal second quarter ended March 31, 2023 results: revenue $2.87 billion, net income $425 million, EPS $1.93 per diluted share.
  - Period: fiscal second quarter ended March 31, 2023
  - Revenue: $2.87 billion
  - Net income: $425 million
  - EPS: $1.93 per diluted share
  - Result: reported results
  source text: Raymond James Financial, Inc. (NYSE: RJF) today 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720005/000072000523000039/0000720005-23-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.