Raymond James Financial Asset Management — Noninterest Expense increased by 3.8% to $190.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.1%, from $168.00M to $190.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal business expansion or rising operational complexity, whereas a decrease suggests cost-cutting or improved operational efficiency.
This captures all operating costs incurred by the asset management segment excluding interest-related expenses. It typic...
Commonly reported by all asset managers; peers often benchmark this against total assets under management to assess operating margins.
rjf_segment_asset_management_noninterest_expense| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $133.50M | $133.50M | $133.50M | $133.50M | $151.50M | $151.50M | $151.50M | $151.50M | $169.00M | $168.00M | $183.00M | $190.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.5% | +0.0% | +0.0% | +0.0% | +11.6% | -0.6% | +8.9% | +3.8% |
| YoY Change | — | — | — | — | +13.5% | +13.5% | +13.5% | +13.5% | +11.6% | +10.9% | +8.3% | +13.1% |