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Raymond James Financial RJF Noninterest Expense

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Segments

By segment

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Private Client Group$2.42B+16.4%
Capital Markets$429M-1.4%
Bank$282M-15.8%
Asset Management$219M+31.9%

Other financials

Income statement

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Revenue$3.9B+15.6%
Net income$595.0M+36.5%
EPS (diluted)$3.01+42.0%

Balance sheet

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Cash & equivalents$13.3B+2.2%
Total debt$1.5B+180%
Total equity$12.7B+3.6%
Total assets$94.2B+11.1%

Cash flow

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Operating cash flow$1.1B+839%
CapEx$62.0M+8.8%
Free cash flow$1.1B+1,385%

Valuation

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Market cap$34.5B+3.4%
Enterprise value$22.76B+8.7%
P/E15×-0.7×
P/S2.3×-0.2×

Profitability

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Net margin15.1%-0.3pp
FCF margin16.2%+1.7pp

Returns & leverage

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Return on equity18.5%+0.3pp
Debt / equity0.1×+0.1×

Where this comes from

Reported directly by Raymond James Financial in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpense.

The source filing: Raymond James Financial’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:10 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000720005-26-000070
in millions, except per share amountsThree months ended June 30, 2026Three months ended June 30, 2025Nine months ended June 30, 2026Nine months ended June 30, 2025
Bank loan provision/(benefit) for credit losses(26)15(24)31
Other116175339387
Total non-compensation expenses5996331,7391,677
Total non-interest expenses3,1782,8359,3098,355
Pre-tax income7505632,2131,983
Provision for income taxes155127511452
Net income5954361,7021,531
Preferred stock dividends134

Item 1. Financial Statements (Unaudited)

FAQ

What is Raymond James Financial's noninterest expense?
Raymond James Financial (RJF) reported noninterest expense of $3.18B in Q2 2026.
How has Raymond James Financial's noninterest expense changed year-over-year?
Raymond James Financial's noninterest expense increased by 12.1% year-over-year, from $2.84B to $3.18B.
What is the long-term trend for Raymond James Financial's noninterest expense?
Over 4 years (2021 to 2025), Raymond James Financial's noninterest expense has grown at a 9.2% compound annual growth rate (CAGR), from $7.97B to $11.35B.
What does noninterest expense mean?
Noninterest Expense

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