Raymond James Financial (RJF) Tops Q1 EPS by 34c

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Raymond James Financial Reports First Quarter of Fiscal 2022 Results

January 26, 2022 4:23 PM EST

ST. PETERSBURG, Fla., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Domestic Private Client Group net new asset(1) growth of 11% over the prior 12 months and 14% annualized for the fiscal first quarterRecord quarterly net revenues of $2.78 billion, up 25% over the prior years fiscal first quarter and 3% over the preceding quarterRecord quarterly net income of $446 million, or $2.10 per diluted share, and quarterly adjusted net income of $451 million(2), or $2.12 per diluted share(2)Records for client assets under administration of $1.26 trillion, financial assets under management of $203.2 billion, clients domestic cash sweep balances of $73.5 billion, and... More