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Current Liabilities

Noninterest-bearing deposits

Raymond James Financial Noninterest-bearing deposits decreased by 19.2% to $539M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $489M to $539M. Over 5 years (FY 2020 to FY 2025), Noninterest-bearing deposits shows an upward trend with a 86.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2026May 6, 2026
Parent metricDeposits

How to read this metric

Higher levels of noninterest-bearing deposits significantly improve net interest margin and overall profitability.

Detailed definition

Customer deposits held in accounts that do not pay interest, such as standard operating checking accounts. These are the...

Peer comparison

A key metric for evaluating the quality and cost-efficiency of a bank's deposit franchise.

Metric ID: fin_deposits_noninterest_bearing

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$32M$38M$36M$39M$946M$626M$488M$628M$732M$724M$770M$494M$465M$524M$716M$489M$524M$547M$667M$539M
QoQ Change+18.8%-5.3%+8.3%>999%-33.8%-22.0%+28.7%+16.6%-1.1%+6.4%-35.8%-5.9%+12.7%+36.6%-31.7%+7.2%+4.4%+21.9%-19.2%
YoY Change>999%>999%>999%>999%-22.6%+15.7%+57.8%-21.3%-36.5%-27.6%-7.0%-1.0%+12.7%+4.4%-6.8%+10.2%
% of Deposits0.1%0.1%0.1%0.1%1.9%1.2%0.9%1.2%1.4%1.3%1.4%0.9%0.9%0.9%1.3%0.9%0.9%0.9%1.1%0.9%
Share Change+0.0pp-0.0pp+0.0pp+1.8pp-0.7pp-0.3pp+0.2pp+0.2pp-0.0pp+0.1pp-0.5pp-0.0pp+0.1pp+0.3pp-0.4pp+0.0pp+0.0pp+0.2pp-0.2pp
Range$32M$946M
CAGR+81.2%
Avg YoY Growth+446.7%
Median YoY Growth+7.3%

Frequently Asked Questions

What is Raymond James Financial's noninterest-bearing deposits?
Raymond James Financial (RJF) reported noninterest-bearing deposits of $539M in Q1 2026.
How has Raymond James Financial's noninterest-bearing deposits changed year-over-year?
Raymond James Financial's noninterest-bearing deposits increased by 10.2% year-over-year, from $489M to $539M.
What is the long-term trend for Raymond James Financial's noninterest-bearing deposits?
Over 5 years (2020 to 2025), Raymond James Financial's noninterest-bearing deposits has grown at a 86.9% compound annual growth rate (CAGR), from $24M to $547M.
What does noninterest-bearing deposits mean?
Total customer deposits held in accounts that pay zero interest.