Income StatementBalance SheetCash FlowSegments
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Raymond James Financial Income Statement

Revenue, expenses, and profitability over time

Raymond James Financial generated $14.7B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $2.1B with a 14.59% net margin. Diluted EPS is $10.59, which grew 0.0% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$14.7BNet Income (TTM)$2.1BEps Diluted (TTM)$10.59
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$30.1B
P/E Ratio14.02
ROE17.33%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Business development expense$68.0M$64.0M$77.0M$82.0M$81.0M$75.0M
Information processing and communications$178.0M$184.0M$191.0M$199.0M$194.0M$206.0M
Compensation and benefits$2.3B$2.2B$2.2B$2.4B$2.5B$2.5B
Business development expense$68.0M$64.0M$77.0M$82.0M$81.0M$75.0M
Technology and communications expense$178.0M$184.0M$191.0M$199.0M$194.0M$206.0M
Information processing and communications$178.0M$184.0M$191.0M$199.0M$194.0M$206.0M
Occupancy and equipment$73.0M$74.0M$77.0M$84.0M$80.0M$80.0M
Other operating expenses$110.0M$102.0M$175.0M$118.0M$105.0M$118.0M
Professional fees$34.0M$34.0M$42.0M$53.0M$37.0M$36.0M
Provision for credit losses$0.0$16.0M$15.0M$6.0M-$3.0M$5.0M
Total operating expenses$2.8B$2.7B$2.8B$3.0B$3.0B$3.1B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$599.0M$493.0M$435.0M$603.0M$562.0M$542.0M
Net Income Allocated to Common (Diluted)$599.0M$493.0M$435.0M$603.0M$562.0M$542.0M
Net earnings to common$599.0M$493.0M$435.0M$603.0M$562.0M$542.0M
Net Income Available to Common Stockholders (Diluted)$599.0M$493.0M$435.0M$603.0M$562.0M$542.0M
Net Income Available to Common Shareholders$599.0M$493.0M$435.0M$603.0M$562.0M$542.0M
Net income$600.0M$495.0M$436.0M$604.0M$563.0M$544.0M
Preferred stock dividends$1.0M$2.0M$1.0M$1.0M$1.0M$2.0M
Net income attributable to common stock$599.0M$493.0M$435.0M$603.0M$562.0M$542.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
OCI - Available-for-sale securities, net of tax-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M
OCI - Cash flow hedge, net of tax$6.0M-$5.0M-$3.0M$2.0M-$2.0M$0.0
Other comprehensive income (loss), net of tax$6.0M-$5.0M-$3.0M$2.0M-$2.0M$0.0
Reclassifications Net of Tax$599.0M$493.0M$435.0M$603.0M$562.0M$542.0M
OCI Cash Flow Hedge Gain (Loss)$6.0M-$5.0M-$3.0M$2.0M-$2.0M$0.0
OCI Net Unrealized Gain (Loss) on Securities-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M
OCI Available for Sale Securities Adjustment-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M
Unrealized Gains (Losses) on Hedge Instruments$6.0M-$5.0M-$3.0M$2.0M-$2.0M$0.0
Unrealized Gains on Available-for-Sale Securities-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M
OCI - Available-for-Sale Securities, Net of Tax-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M
OCI - Cash Flow Hedges, Net of Tax$6.0M-$5.0M-$3.0M$2.0M-$2.0M$0.0
Business development$68.0M$64.0M$77.0M$82.0M$81.0M$75.0M
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$447.0M$604.0M$544.0M$646.0M$611.0M$524.0M
Total pre-tax income$749.0M$671.0M——$728.0M$735.0M
Interest Income Operating$1.0B$963.0M$990.0M$1.0B$1.0B$960.0M
Net Income (Loss) Available to Common Stockholders, Basic$599.0M$493.0M$435.0M$603.0M$562.0M$542.0M
Net Income (Loss) Available to Common Stockholders, Diluted$599.0M$493.0M$435.0M$603.0M$562.0M$542.0M
Noncompensation Expense$516.0M$528.0M$633.0M$602.0M$557.0M$583.0M
Noninterest Expense$2.8B$2.7B$2.8B$3.0B$3.0B$3.1B
Investment Advisory Fee$53.0M$54.0M$56.0M$60.0M$63.0M$63.0M
Unrealized gains (losses) on available-for-sale securities-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M
Unrealized gains (losses) on hedge instruments$6.0M-$5.0M-$3.0M$2.0M-$2.0M$0.0
Principal Transactions Revenue, Net$119.0M$149.0M$128.0M$133.0M$126.0M$136.0M
Total provisions for credit losses$0.0$16.0M$15.0M$6.0M-$3.0M$5.0M
Other Comprehensive Income (Loss)-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M
OCI Available for Sale Securities Adjustment, Net of Tax-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M
OCI Unrealized Gain (Loss) on Securities, Pre-tax-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$2.94$2.41$2.16$3.02$2.85$2.76
Diluted earnings per share$2.86$2.36$2.12$2.96$2.79$2.72
Weighted-average shares, basic203.7M204.3M201.2M—197.1M196.1M
Weighted-average shares, diluted209.2M208.7M205.5M—201.4M199.2M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$149.0M$176.0M$127.0M$127.0M$165.0M$191.0M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest expense$498.0M$442.0M$444.0M$463.0M$441.0M$403.0M
Net Change in Cash Flow Hedges$6.0M-$5.0M-$3.0M$2.0M-$2.0M$0.0
Change in Net Unrealized Gains (Losses) on AFS Securities-$106.0M$95.0M$53.0M$52.0M$43.0M-$10.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Principal transactions revenue$119.0M$149.0M$128.0M$133.0M$126.0M$136.0M
Total interest income$1.0B$963.0M$990.0M$1.0B$1.0B$960.0M
Total revenue$3.5B$3.4B$3.4B$3.7B$3.7B$3.9B