secwatch.observer — SEC 8-K summary
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Issuer:     RAYMOND JAMES FINANCIAL INC (RJF)
CIK:        0000720005
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0000720005-24-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Raymond James reports record quarterly EPS of $2.32; net revenues up 8% YoY to $3.01B
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- Record diluted EPS $2.32 ($2.40 adjusted); net income $497M; net revenues $3.01B (+8% YoY).
- Record client assets under administration $1.37T; record FAI $215B; net new assets $21.6B (7.8% annualized growth).
- Private Client Group revenues $2.23B (+8% YoY); Capital Markets revenues $338M (+15% YoY) with IB $170M (+28%).
- Bank NIM fell 62bps YoY to 2.74%; pre-tax income $92M (-32% YoY); net loans record $44.2B.
- Board raised dividend 7% to $0.45/share; $1.5B buyback authorized; repurchased 1.41M shares for $150M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720005/000072000524000014/0000720005-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720005/000072000524000014/rjf-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000720005-24-000014

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