Raymond James Financial (RJF) 2025 Conference June 10, 2025 08:15 AM ET Speaker0 Alright. We can go ahead and get started. For important disclosures, please see the Morgan Stanley research disclosure website at morganstanley.com/researchdisclosures. Note that taking of photographs and use of recording devices also not allowed. If you have any questions, please reach out to your Morgan Stanley sales representative. With that out of the way, good morning, everyone. Thanks for joining us here on day one of the ...

Raymond James Financial (RJF) 2025 Investor Day June 05, 2025 01:30 PM ET Speaker0 Right. We might be a minute or so But we'll just go ahead and get started. First of all, thank you all for coming. Good afternoon. I'm Christy Wah, Senior Vice President of Investor Relations, and welcome to Raymond James Financial's twenty twenty five Analyst and Investor Day. We're happy that so many of you were able to join in person here in our corporate headquarters in St. Petersburg, Florida. We do really value that you ...

2025 Analyst & Investor Day JUNE 5, 2025 Welcome & Agenda Kristie Waugh Senior Vice President, Investor Relations and FP&A Forward-looking statements Certain statements made in this presentation and the associated conference call may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, l ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) or ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-9109 RAYMOND JAMES FINANCIAL, INC. (Exact name of registrant as specified in its charter) Florida 59-1517485 (State or other juri ...

Albert Anthony is a Croatian-American media personality and Analyst for financial media platforms Investing.com and Seeking Alpha, where he has grown over +1K followers since 2023. Writing general markets commentary and opinion as The Analyst, he has covered over +200 companies in multiple sectors, with a focus on dividend stocks. The author grew up in the NYC area and has also called home Austin Texas and his parents' native Croatia, where he took part in many business/innovation conferences as a business ...

Fiscal 2Q25 Results Certain statements made in this presentation and the associated conference call may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions (including changes in interest rates and inflation), ...

Raymond James Financial, Inc. (RJF) reported $3.4 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 9.1%. EPS of $2.42 for the same period compares to $2.31 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.43 billion, representing a surprise of -0.72%. The company delivered an EPS surprise of -0.82%, with the consensus EPS estimate being $2.44.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...

April 23, 2025 FOR IMMEDIATE RELEASE Media Contact: Steve Hollister, 727.567.2824 Investor Contact: Kristina Waugh, 727.567.7654 raymondjames.com/news-and-media/press-releases RAYMOND JAMES FINANCIAL REPORTS FISCAL SECOND QUARTER OF 2025 RESULTS ST. PETERSBURG, Fla. – Raymond James Financial, Inc. (NYSE: RJF) today reported net revenues of $3.40 billion and net income available to common shareholders of $493 million, or $2.36 per diluted share, for the fiscal second quarter ended March 31, 2025. Excluding $ ...

Core Insights - Raymond James Financial, Inc. reported record net revenues of $3.40 billion and net income of $493 million for the fiscal second quarter ended March 31, 2025, with adjusted net income of $507 million [1][5] - The company achieved record net revenues of $6.94 billion and pre-tax income of $1.42 billion for the first half of fiscal 2025, reflecting a 13% and 15% increase over the same period in fiscal 2024 [2][3] Financial Performance - Quarterly net revenues increased by 9% compared to the prior year's fiscal second quarter, while pre-tax income rose by 10%, driven by higher asset management fees, brokerage revenues, and investment banking revenues [2][5] - Sequentially, quarterly net revenues and pre-tax income decreased by 4% and 10%, respectively, primarily due to lower investment banking revenues [2][5] - For the first six months of fiscal 2025, earnings per diluted share reached $5.22, a 15% increase year-over-year, with adjusted earnings per diluted share at $5.36, up 14% [3] Segment Results - The Private Client Group and Asset Management segments generated record net revenues and pre-tax income during the first half of fiscal 2025 [3] - Capital Markets segment saw a 23% year-over-year increase in quarterly net revenues, mainly from higher investment banking and fixed income brokerage revenues, although there was an 18% sequential decrease due to lower investment banking activity [8][15] Client Assets and Capital Management - Client assets under administration totaled $1.54 trillion, with Private Client Group assets in fee-based accounts at $872.8 billion, reflecting a 6% and 9% increase, respectively, over March 2024 [5][6] - The company repurchased $250 million of common stock during the fiscal second quarter and an additional $190 million in April 2025, with approximately $1.01 billion remaining under the repurchase authorization [17] Tax and Regulatory Compliance - The effective tax rate for the quarter was 26.2%, influenced by nondeductible losses on the company-owned life insurance portfolio [13] - The total capital ratio stood at 24.8% and the tier 1 leverage ratio at 13.3%, both well above regulatory requirements [17]

Core Viewpoint - Raymond James (RJF) is expected to report a year-over-year increase in earnings and revenues for the second quarter of fiscal 2025, with earnings estimated at $2.44 per share, reflecting a 5.6% growth from the previous year, and revenues projected at $3.43 billion, indicating a 9.9% increase [1][3]. Financial Performance - In the last quarter, RJF's earnings surpassed the Zacks Consensus Estimate, driven by strong performance in investment banking and brokerage within the Capital Markets segment, alongside solid results from the Private Client Group and Asset Management segments [2]. - The consensus estimate for investment banking fees is $255.8 million, representing a 42.9% year-over-year increase, while RJF's own estimate is $253.1 million [7]. - Trading revenues are anticipated to show solid growth due to robust client activity and market volatility during the quarter [8]. Interest Income and Expenses - The Federal Reserve maintained interest rates at 4.25%-4.5%, which is expected to have a favorable impact on RJF's net interest income (NII), although higher funding costs may offset some benefits [9]. - The consensus estimate for interest income is $993.1 million, indicating a decline of 5.3%, while RJF's estimate is $1.01 billion [10]. - Total non-interest expenses are projected to reach $2.75 billion, reflecting a 9.6% year-over-year increase due to competitive pressures and inflation [12]. Management Outlook - Management expects asset management and related administrative fees to decline nearly 2% from the prior quarter [13]. - The company has a history of earnings surprises, having outperformed the Zacks Consensus Estimate three times in the last four quarters, with an average beat of 7.75% [3]. Market Conditions - The global mergers and acquisitions landscape showed marginal improvement, primarily driven by the Asia Pacific region, although overall deal value and volume were less impressive than anticipated [4]. - The IPO market is exhibiting cautious optimism amid market volatility and rising flotation costs, while bond issuance volume remains strong due to solid investor demand [6].