Raymond James Financial (RJF) Misses Q3 EPS by 29c

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Go back to Raymond James Financial (RJF) Misses Q3 EPS by 29c

Raymond James Financial Reports Third Quarter of Fiscal 2023 Results

July 26, 2023 4:10 PM EDT

ST. PETERSBURG, Fla., July 26, 2023 (GLOBE NEWSWIRE) --

Domestic Private Client Group net new assets(1)(2) of $14.4 billion for the fiscal third quarter, 5.4% annualized growth rate from beginning of period assetsRecord quarterly net revenues of $2.91 billion, up 7% over the prior years fiscal third quarter and 1% over the preceding quarterQuarterly net income available to common shareholders of $369 million, or $1.71 per diluted share, and quarterly adjusted net income available to common shareholders of $399 million(3), or $1.85 per diluted share(3)Record client assets under administration of $1.28 trillion and financial assets under management of $200.7... More