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Raymond James Financial RJF Bank — Noninterest Expense

Other segment segments

Private Client Group
$2.39B+16.5%
Capital Markets
$413M+14.7%
Asset Management
$190M+13.1%

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Other financials

Income statement

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Revenue$3.9B+13.4%
Net income$544.0M+9.9%
EPS (diluted)$2.72+15.3%

Balance sheet

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Cash & equivalents$15.0B+14.3%
Total debt$552.0M+2.8%
Total equity$12.6B+2.9%
Total assets$91.9B+10.6%

Cash flow

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Operating cash flow$1.1B+839%
CapEx$45.0M-2.2%
Free cash flow$1.1B+1,385%

Valuation

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Market cap$29.22B-4.0%
Enterprise value$14.81B-17.8%
P/E13.6×-0.7×
P/S-0.2×

Profitability

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Net margin14.6%-1.5pp
FCF margin16.2%+1.7pp

Returns & leverage

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Return on equity17.3%-1.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Raymond James Financial in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpense.

The official record: Raymond James Financial’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Raymond James Financial's bank — noninterest expense?
Raymond James Financial (RJF) reported bank — noninterest expense of $320M in Q1 2026.
How has Raymond James Financial's bank — noninterest expense changed year-over-year?
Raymond James Financial's bank — noninterest expense increased by 0.9% year-over-year, from $317M to $320M.
What does bank — noninterest expense mean?
This metric captures all operating costs incurred by the banking segment excluding interest-related expenses. It typically includes compensation, technology costs, occupancy, and administrative overhead required to support banking operations. Monitoring this helps evaluate the operational efficiency and cost structure of the business unit.