secwatch.observer — SEC 8-K summary
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Issuer:     RAYMOND JAMES FINANCIAL INC (RJF)
CIK:        0000720005
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0000720005-24-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Raymond James Financial reports record Q2 net revenues of $3.12B, EPS $2.22; adjusted EPS $2.31
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- Record quarterly net revenues of $3.12B, up 9% YoY; net income $474M ($2.22 diluted EPS), up 12% YoY.
- Adjusted net income $494M ($2.31 diluted EPS), excluding $26M acquisition expenses.
- Record client assets under administration $1.45T (+18% YoY); PCG fee-based assets $798.8B (+20% YoY).
- Capital Markets pre-tax loss of $17M despite 6% revenue growth; Bank NIM fell 97bps to 2.66%.
- Share repurchases totaled $400M fiscal year-to-date; $1.14B remaining under authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720005/000072000524000030/0000720005-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720005/000072000524000030/rjf-20240424.htm
  HTML page:      https://secwatch.observer/filing/0000720005-24-000030

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