Raymond James Financial Capital Markets — Interest Expense, Operating increased by 4.2% to $25.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $24.00M to $25.00M. Over 2 years (FY 2022 to FY 2025), Capital Markets — Interest Expense, Operating shows an upward trend with a 91.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal higher leverage or rising interest rates impacting the cost of funding.
The costs incurred by the capital markets segment to fund its operations, including interest paid on borrowed capital, s...
Comparable to 'Interest Expense' in the banking or brokerage segments of peer firms.
rjf_segment_capital_markets_interest_expense_operating| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.75M | $6.75M | $6.75M | $6.75M | $21.00M | $22.00M | $24.00M | $30.00M | $27.00M | $26.00M | $24.00M | $24.00M | $25.00M | $24.00M | $25.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +211.1% | +4.8% | +9.1% | +25.0% | -10.0% | -3.7% | -7.7% | +0.0% | +4.2% | -4.0% | +4.2% |
| YoY Change | — | — | — | — | +211.1% | — | — | +42.9% | — | +18.2% | +0.0% | -20.0% | -7.4% | -7.7% | +4.2% |