earnings
confidence high
sentiment positive
materiality 0.80
Raymond James reports record Q1 revenue $3.74B; dividend up 8%, $400M buyback, Clark Capital acquisition
RAYMOND JAMES FINANCIAL INC
2026-Q1 EPS reported
$2.79
revenue$4,176,000,000
- Record quarterly net revenues of $3.74B (+6% YoY); GAAP diluted EPS $2.79, adjusted $2.86.
- Client assets under admin record $1.77T (+14% YoY); PCG net new assets $30.8B (8% annualized growth).
- Quarterly dividend raised 8% to $0.54; repurchased $400M of stock at avg $162; new $2B buyback auth.
- Acquired Clark Capital (asset manager, >$46B AUM) to join Raymond James Investment Management.
- Bank segment NIM 2.81% (+10bps QoQ); securities-based loans $21.7B (+28% YoY).
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