Raymond James Financial RJF Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenues, Net of Interest Expense by Business | |||||
| Asset Management | $1.19B+15.7% | $1.03B+16.0% | $885M-3.2% | $914M+5.4% | |
| Capital Markets | $1.77B+20.2% | $1.47B+21.3% | $1.21B-32.9% | $1.81B-4.0% | |
| Private Client Group | $10.18B+7.6% | $9.46B+9.3% | $8.65B+12.2% | $7.71B+16.6% | |
| Revenue by Business | |||||
| Asset Management | $1.19B+15.7% | $1.03B+16.0% | $885M-3.2% | $914M+5.4% | |
| Capital Markets | $1.87B+18.7% | $1.58B+21.2% | $1.3B-29.2% | $1.84B-3.1% | |
| Private Client Group | $10.28B+7.4% | $9.58B+9.4% | $8.75B+12.9% | $7.75B+17.1% | |
| Total pre-tax income by Business | |||||
| Bank | $491M+29.2% | $380M+2.4% | $371M-2.9% | $382M— | |
| Revenue From Contract With Customer, Including Assessed Tax And Noninterest Income by Business | |||||
| Asset Management | $1.18B+16.0% | $1.01B+15.8% | $875M-4.1% | $912M+5.2% | |
| Capital Markets | $1.76B+19.9% | $1.47B+21.1% | $1.21B-32.7% | $1.8B-4.2% | |
| Private Client Group | $9.81B+7.9% | $9.1B+9.6% | $8.3B+10.6% | $7.5B+15.5% | |
| All other by Business | |||||
| Asset Management | $678M+77.0% | $383M+14.0% | $336M+33,500% | $1M-50.0% | |
| Capital Markets | $698M+73.2% | $403M0.0% | $403M+3,930% | $10M+66.7% | |
| Private Client Group | $1.58B+62.0% | $974M+1.0% | $964M+2,913% | $32M+28.0% | |
| Principal transactions by Business | |||||
| Asset Management | $0— | $0— | $0— | $0— | |
| Capital Markets | $399M+7.5% | $371M+8.8% | $341M-23.5% | $446M-12.7% | |
| Private Client Group | $120M+7.1% | $112M+3.7% | $108M+42.1% | $76M+52.0% | |
| Interest Income (Expense), Operating by Business | |||||
| Asset Management | $13M-7.1% | $14M+40.0% | $10M+400% | $2M— | |
| Bank | $1.72B+3.6% | $1.66B-15.4% | $1.96B+85.8% | $1.05B— | |
| Capital Markets | $12M+100% | $6M+100% | $3M-66.7% | $9M+50.0% | |
| Private Client Group | $368M+1.9% | $361M+1.7% | $355M+71.5% | $207M+83.2% | |
| Aggregate assets by Business | |||||
| Asset Management | $2.48B+6.3% | $2.34B+6.6% | $2.19B+7.1% | $2.05B+26.1% | |
| Bank | $253.8B+3.4% | $245.5B+3.3% | $237.57B— | —— | |
| Capital Markets | $12.97B-1.1% | $13.12B+10.9% | $11.83B+12.6% | $10.51B+15.3% | |
| Other | $14.39B+30.3% | $11.05B— | —— | —— | |
| Private Client Group | $54.81B+3.4% | $52.99B+2.7% | $51.62B-47.7% | $98.65B+32.3% | |
| Interest Income by Business | |||||
| Asset Management | $13M-7.1% | $14M+40.0% | $10M+400% | $2M— | |
| Capital Markets | $111M+1.8% | $109M+23.9% | $88M+144% | $36M+125% | |
| Private Client Group | $468M-2.5% | $480M+5.5% | $455M+82.7% | $249M+102% | |
| Interest Expense, Operating by Business | |||||
| Asset Management | $0— | $0— | —— | $0— | |
| Capital Markets | $99M-3.9% | $103M— | —— | $27M— | |
| Private Client Group | $100M-16.0% | $119M— | —— | $42M— | |
| Revenue by Product | |||||
| Affordable housing investments business revenues | $140M+18.6% | $118M+8.3% | $109M-14.2% | $127M+21.0% | |
| Asset management and related administrative fees | $7.08B+14.2% | $6.2B+15.5% | $5.36B-3.6% | $5.56B+14.3% | |
| Brokerage Revenue, Securities Commissions, Mutual And Other Fund Products | $614M+6.8% | $575M+5.1% | $547M-13.3% | $631M-7.6% | |
| Client account and other fees | $246M+3.8% | $237M+11.3% | $213M+4.4% | $204M+33.3% | |
| Debt underwriting | $261M+55.4% | $168M+52.7% | $110M-23.1% | $143M-16.9% | |
| Equities, exchange-traded funds (“ETFs”) and fixed income products | $650M+16.7% | $557M+17.8% | $473M-9.0% | $520M-1.9% | |
| Equity underwriting | $185M+9.5% | $169M+40.8% | $120M-51.6% | $248M-25.3% | |
| Insurance and annuity products | $511M-1.5% | $519M+18.2% | $439M+0.2% | $438M0.0% | |
| Merger & acquisition and advisory | $623M+19.6% | $521M+24.6% | $418M-41.0% | $709M+11.0% | |
| RJBDP fees | -$760M+8.3% | -$829M+24.4% | -$1.1B-206% | -$358M-94.6% | |
| Revenues, Net of Interest Expense by Geography | |||||
| Canada | $645M+7.7% | $599M+6.4% | $563M+3.9% | $542M+11.8% | |
| Europe | $549M+11.1% | $494M+10.5% | $447M+12.9% | $396M+90.4% | |
| U.S. | $12.87B+9.7% | $11.73B+10.5% | $10.61B+5.4% | $10.07B+11.0% | |
| Aggregate assets by Geography | |||||
| Canada | $12.94B-3.3% | $13.38B-3.4% | $13.86B-10.7% | $15.51B+8.4% | |
| Europe | $10.76B+7.3% | $10.03B-4.3% | $10.48B+11.5% | $9.41B+1,363% | |
| U.S. | $314.76B+4.4% | $301.57B+4.8% | $287.88B+1.5% | $283.71B+32.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Raymond James Financial break its business down?
- Raymond James Financial (RJF) reports revenues, net of interest expense by business across 3 parts — Asset Management, Capital Markets and Private Client Group. Each is extracted from the segment footnotes and tracked over time.
- Where does Raymond James Financial's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Raymond James Financial's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
