Solid Trading & IB Performance to Support RJF's Q4 Earnings

Key Takeaways RJF's Q4 revenues are expected to have been higher y/y, while earnings are likely to have dipped.Strong IB and trading activity are likely to have driven fee income in a volatile market backdrop.Non-interest expenses are anticipated to have risen 5.4% y/y due to advisor hiring and inflationary pressures.Raymond James (RJF) is scheduled to announce fourth-quarter fiscal 2025 (ended Sept. 30) results on Oct. 22, after market close. While the company’s earnings are expected to have declined on a ...