Raymond James Financial RJBDP fees — Revenue remained flat by 0.0% to -$189.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.2%, from -$185.00M to -$189.00M. Over 4 years (FY 2021 to FY 2025), RJBDP fees — Revenue shows a downward trend with a 42.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase typically signals higher client cash balances or favorable interest rate spreads, while a decrease may indicate lower cash levels or compressed net interest margins within the sweep program.
This metric represents the net revenue generated from the Raymond James Bank Deposit Program (RJBDP), where client cash...
Comparable to net interest income or sweep fee revenue reported by other wealth management firms and broker-dealers with internal banking operations.
rjf_segment_rjbdp_fees_revenue_from_contract_with_customer| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.00M | -$242.00M | -$50.00M | -$49.00M | -$80.00M | -$179.00M | -$269.00M | -$312.00M | -$278.00M | -$238.00M | -$224.00M | -$208.00M | -$199.00M | -$198.00M | -$188.00M | -$185.00M | -$195.00M | -$192.00M | -$189.00M | -$189.00M |
| QoQ Change | — | <-999% | +79.3% | +2.0% | -63.3% | -123.8% | -50.3% | -16.0% | +10.9% | +14.4% | +5.9% | +7.1% | +4.3% | +0.5% | +5.1% | +1.6% | -5.4% | +1.5% | +1.6% | +0.0% |
| YoY Change | — | — | — | — | -544.4% | +26.0% | -438.0% | -536.7% | -247.5% | -33.0% | +16.7% | +33.3% | +28.4% | +16.8% | +16.1% | +11.1% | +2.0% | +3.0% | -0.5% | -2.2% |