Raymond James Financial Private Client Group — Interest Expense, Operating decreased by 26.1% to $17.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 29.2%, from $24.00M to $17.00M. Over 2 years (FY 2022 to FY 2025), Private Client Group — Interest Expense, Operating shows an upward trend with a 54.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may signal higher funding costs or a larger volume of interest-bearing liabilities, which can compress margins if not offset by higher interest income.
This represents the costs incurred by the Private Client Group to fund its interest-bearing assets, such as interest pai...
Commonly reported as 'Interest Expense' in segment-level income statements.
rjf_segment_private_client_group_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 | $10.50M | $10.50M | $10.50M | $10.50M | $25.00M | $26.00M | $30.00M | $32.00M | $31.00M | $27.00M | $24.00M | $23.00M | $26.00M | $23.00M | $17.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +138.1% | +4.0% | +15.4% | +6.7% | -3.1% | -12.9% | -11.1% | -4.2% | +13.0% | -11.5% | -26.1% |
| YoY Change | — | — | — | — | +138.1% | — | — | +28.0% | — | +3.8% | -20.0% | -28.1% | -16.1% | -14.8% | -29.2% |