Goodwill
Raymond James Financial Goodwill increased by 7.9% to $1.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.3%, from $1.44B to $1.98B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 25.5% CAGR.
Analysis
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $637.00M | $660.00M | $660.00M | $818.00M | $1.34B | $1.42B | $1.44B | $1.44B | $1.44B | $1.44B | $1.44B | $1.44B | $1.44B | $1.45B | $1.44B | $1.44B | $1.46B | $1.45B | $1.84B | $1.98B |
| QoQ Change | — | +3.6% | +0.0% | +23.9% | +63.2% | +6.5% | +0.9% | +0.2% | +0.3% | -0.4% | +0.5% | -0.1% | +0.0% | +0.6% | -0.8% | +0.3% | +0.8% | -0.3% | +26.7% | +7.9% |
| YoY Change | — | — | — | — | +109.6% | +115.5% | +117.4% | +75.8% | +8.1% | +1.1% | +0.6% | +0.3% | -0.1% | +1.0% | -0.3% | +0.1% | +0.9% | +0.0% | +27.7% | +37.3% |
Business Segments
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Private Client Group | $571.00M | $569.00M | $569.00M | $578.00M | $567.00M | $571.00M | $581.00M | $577.00M |
| Bank | $529.00M | $529.00M | $529.00M | $529.00M | $529.00M | $529.00M | $529.00M | $529.00M |
| Capital Markets | $275.00M | $275.00M | $275.00M | $275.00M | $274.00M | $275.00M | $276.00M | $276.00M |
| Asset Management | $69.00M | $69.00M | $69.00M | $69.00M | $69.00M | $69.00M | $69.00M | $69.00M |
| Total | $1.44B | $1.44B | $1.44B | $1.45B | $1.44B | $1.44B | $1.46B | $1.45B |
Asset Management, Bank, Capital Markets, Private Client Group were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
| Segment | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 |
|---|---|---|---|---|---|---|---|---|
| Europe | $162.00M | $169.00M | $167.00M | $168.00M | $176.00M | $166.00M | $171.00M | $181.00M |
| Total | $1.44B | $1.44B | $1.44B | $1.44B | $1.45B | $1.44B | $1.44B | $1.46B |
Europe was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Raymond James Financial's goodwill?
- Raymond James Financial (RJF) reported goodwill of $1.98B in Q1 2026.
- How has Raymond James Financial's goodwill changed year-over-year?
- Raymond James Financial's goodwill increased by 37.3% year-over-year, from $1.44B to $1.98B.
- What is the long-term trend for Raymond James Financial's goodwill?
- Over 5 years (2020 to 2025), Raymond James Financial's goodwill has grown at a 25.5% compound annual growth rate (CAGR), from $466.00M to $1.45B.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.