Raymond James Financial (RJF) Tops Q1 EPS by 1c

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Raymond James Financial Reports First Quarter of Fiscal 2023 Results

January 25, 2023 4:40 PM EST

ST. PETERSBURG, Fla., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Domestic Private Client Group net new assets(1) of $23.2 billion for the fiscal first quarter, 9.8% annualized growth rate from beginning of period assetsQuarterly net revenues of $2.79 billion, flat compared to the prior years fiscal first quarter and down 2% compared to the preceding quarter Record quarterly net income available to common shareholders of $507 million, or $2.30 per diluted share, and quarterly adjusted net income available to common shareholders of $505 million(2), or $2.29 per diluted share(2)Client assets under administration of $1.17 trillion and financial assets under management of... More