earnings
confidence high
sentiment positive
materiality 0.80
RJF reports record Q3 net revenues $3.23B, EPS $2.31; adjusted EPS $2.39
RAYMOND JAMES FINANCIAL INC
2024-Q3 EPS reported
$6.85
revenue$10,920,000,000
- Record quarterly net revenues of $3.23B, up 11% YoY; net income $491M, diluted EPS $2.31.
- Adjusted net income $508M, adjusted diluted EPS $2.39 (excl. $23M acquisition costs).
- Record client assets under administration $1.48T (+15% YoY); PCG fee-based assets $820.6B (+18%).
- Domestic PCG net new assets $16.5B in quarter (5.2% annualized growth); total capital ratio 23.6%.
- Repurchased 2M shares for $243M in quarter; $945M remaining under buyback authorization.