earnings
confidence high
sentiment positive
materiality 0.85
Raymond James reports record FY2024 net revenues $12.82B, diluted EPS $9.70; Q4 EPS $2.86
RAYMOND JAMES FINANCIAL INC
2024-FY EPS reported
$9.70
revenue$14,923,000,000
- Record FY2024 net revenues $12.82B (+10% YoY), net income $2.06B (+19%), diluted EPS $9.70, adjusted EPS $10.05.
- Record Q4 net revenues $3.46B (+13% YoY, +7% QoQ), net income $601M (+39%), diluted EPS $2.86, adjusted EPS $2.95.
- Record client AUA $1.57T (+25% YoY); PCG fee-based assets $875.2B (+28%); domestic net new assets $60.7B in FY2024.
- Private Client Group record annual net revenues $9.46B, pre-tax income $1.79B; Capital Markets Q4 revs $483M (+42% YoY) on M&A strength.
- Returned $1.3B to shareholders via buybacks/dividends in FY2024; Q4 repurchased 2.6M shares for $300M; capital ratio 24.1%.