Raymond James Financial, Inc. (NYSE:RJF) Q4 2023 Earnings Conference Call October 25, 2023 5:00 PM ET Company Participants Kristina Waugh - Senior Vice President, Investor Relations Paul Reilly - Chair and Chief Executive Officer Paul Shoukry - Chief Financial Officer Conference Call Participants Dan Fannon - Jefferies Kyle Voigt - KBW Benjamin Rubin - UBS Steven Chubak - Wolfe Research Mark McLaughlin - Bank of America James Mitchell - Seaport Global Devin Ryan - JMP Securities Michael Cyprys - Morgan Stan ...

Fourth Quarter & Fiscal 2023 Results October 25, 2023 2 3 | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------|-------|----------------------|-------|-----------|-------|-----------| | $ in billions | | 4Q23 | | vs. 4Q22 | | vs. 3Q23 | | Client assets under administration | | $ 1,256.5 15% | | | | (2)% | | Private Client Group (PCG) assets under administration | | $ 1,201.2 16% | | | | (2)% | | PCG assets in fee-based accounts | | $ 683.2 17% | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ 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) (State or other jurisdiction of incorporati ...

Raymond James Financial, Inc. (NYSE:RJF) Q3 2023 Earnings Conference Call July 26, 2023 5:00 PM ET Company Participants Kristina Waugh - Senior Vice President, Investor Relations Paul Reilly - Chair and CEO Paul Shoukry - Chief Financial Officer Conference Call Participants Kyle Voigt - KBW Alexander Blostein - Goldman Sachs Brennan Hawken - UBS James Mitchell - Seaport Global Michael Cyprys - Morgan Stanley Devin Ryan - JMP Securities Kristina Waugh Good evening everyone, and thank you for joining us. We a ...

Fiscal 3Q23 Results July 26, 2023 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, demand for and pricing of our products ...

Financial Position - As of March 31, 2023, total assets at fair value on a recurring basis amounted to $11,267 million, with $1,378 million in Level 1 assets and $10,038 million in Level 2 assets[27] - The company recorded total liabilities at fair value on a recurring basis of $1,153 million, with $241 million in Level 1 liabilities and $986 million in Level 2 liabilities[28] - The fair value of bank loans, net, was $42,952 million as of March 31, 2023, compared to $42,470 million as of September 30, 2022[47] - Total assets as of March 31, 2023, were $79,180 million, a slight decrease from $80,951 million as of September 30, 2022[212] Trading and Investment Assets - Total trading assets were reported at $993 million, including $970 million in total debt securities and $10 million in equity securities[27] - The company reported available-for-sale securities totaling $9,773 million, primarily consisting of agency mortgage-backed securities and U.S. Treasury securities[27] - The fair value of available-for-sale securities included $5,272 million in agency residential MBS, with unrealized losses of $520 million as of March 31, 2023[49] - The total fair value of other investments was $219 million, including $97 million in government and agency obligations[27] Derivative Instruments - Total derivative assets were valued at $91 million, with $9 million in Level 1 and $361 million in Level 2[27] - The company held derivative assets with a gross fair value of $370 million and derivative liabilities of $429 million as of March 31, 2023, with a notional amount of $20.733 billion[60] - The total net amounts presented on the Condensed Consolidated Statements of Financial Condition for derivative assets and liabilities were $91 million and $351 million, respectively[60] Loans and Credit Management - Total loans held for investment increased to $43,979 million as of March 31, 2023, compared to $43,498 million as of September 30, 2022, reflecting a growth of 1.1%[1] - The allowance for credit losses (ACL) as a percentage of total loans held for investment rose to 0.94% from 0.91% over the same period, indicating a slight increase in credit risk management[1] - The total past due loans held for investment amounted to $66 million as of March 31, 2023, with $4 million in 30-89 days past due and $62 million in nonaccrual status[3] - The company has no loans classified as "Loss," indicating effective credit management practices[3] Revenue and Income - Total revenues for the three months ended March 31, 2023, were $3.157 billion, compared to $2.173 billion in the same period of 2022, reflecting a 45.4% increase[175] - Non-interest revenues for Q1 2023 amounted to $2.242 billion, up from $2.056 billion in Q1 2022, indicating an increase of 9.1%[175] - Interest income for Q1 2023 was $915 million, up from $117 million in Q1 2022, representing a substantial increase of 681.2%[175] - Net income available to common shareholders for the three months ended March 31, 2023, was $425 million, up 31.5% from $323 million in the same period of 2022[203] Shareholder Returns - Dividends per common share declared increased to $0.42 in Q1 2023 from $0.34 in Q1 2022, representing a 23.5% increase[168] - The dividend payout ratio for Q1 2023 was 21.8%, a slight decrease from 22.4% in Q1 2022[169] - The total preferred stock dividends declared for the three months ended March 31, 2023, amounted to $2 million[164] Capital and Regulatory Compliance - RJF's Tier 1 capital as of March 31, 2023, was $8,903 million, with a ratio of 20.1%, exceeding the minimum requirement of 6.0%[193] - Total capital for RJF as of March 31, 2023, was $9,474 million, with a ratio of 21.4%, well above the minimum requirement of 8.0%[193] - The company increased its regulatory capital levels compared to September 30, 2022, driven by positive earnings, partially offset by dividends and share repurchases[194] Strategic Outlook - Future strategic objectives include enhancing digital capabilities and expanding market presence[221] - The company anticipates continued growth in earnings, projecting a positive outlook for the upcoming quarters[221] - New product offerings are in development, aimed at meeting evolving client needs and market demands[221] - The company is exploring potential acquisitions to bolster its service offerings and market reach[221]

Raymond James Financial, Inc. (NYSE:RJF) Q2 2023 Earnings Conference Call April 26, 2023 5:00 PM ET Company Participants Kristina Waugh - Senior Vice President, Investor Relations Paul Reilly - Chair and CEO Paul Shoukry - Chief Financial Officer Conference Call Participants Devin Ryan - JMP Securities Kyle Voigt - KBW Alexander Blostein - Goldman Sachs William Katz - Credit Suisse Manan Gosalia - Morgan Stanley James Mitchell - Seaport Global Brennan Hawken - UBS Operator Good afternoon, and welcome to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF or ☐ 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) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Florida 59-1517485 88 ...

continued on next slide Reconciliation of non-GAAP financial measures to GAAP financial measures (unaudited) Impact on non-GAAP adjustments on average tangible common equity: Compensation, commissions and benefits — Acquisition-related retention (1) 6 9 9 Professional fees 1 1 — Other: Amortization of identifiable intangible assets (2) 4 5 5 Total "Other" expense 4 5 5 26 Note: Please refer to the footnotes on slide 27 for additional information. (2) Amortization of identifiable intangible assets, which was ...

Raymond James Financial, Inc. (NYSE:RJF) Q4 2022 Earnings Conference Call October 27, 2022 8:15 AM ET Company Participants Kristie Waugh - Senior Vice President, Investor Relations Paul Reilly - Chair and CEO Paul Shoukry - Chief Financial Officer Conference Call Participants Manan Gosalia - Morgan Stanley Gerry O'Hara - Jefferies Alex Blostein - Goldman Sachs Steven Chubak - Wolfe Research Jim Mitchell - Seaport Global Devin Ryan - JMP Securities Kyle Voigt - KBW Michael Kelly - Credit Suisse Operator Good ...