Raymond James Financial RJF Business Segments
| TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | ||
|---|---|---|---|---|---|---|
| Revenues, Net of Interest Expense by Business | ||||||
| Asset Management | $1.26B+12.0% | $1.22B+12.3% | $1.19B+15.7% | $1.15B+16.3% | $1.12B+18.3% | |
| Capital Markets | $1.74B+2.9% | $1.67B+3.5% | $1.77B+20.2% | $1.74B+30.8% | $1.69B+32.4% | |
| Private Client Group | $10.73B+8.1% | $10.4B+6.3% | $10.18B+7.6% | $10B+8.1% | $9.93B+10.1% | |
| Revenue by Product | ||||||
| Affordable housing investments business revenues | $150M+23.0% | $142M+14.5% | $140M+18.6% | $125M+7.8% | $122M+14.0% | |
| Asset management and related administrative fees | $7.63B+13.1% | $7.33B+12.3% | $7.08B+14.2% | $6.86B+14.8% | $6.74B+17.4% | |
| Brokerage Revenue, Securities Commissions, Mutual And Other Fund Products | $650M+7.6% | $627M+5.9% | $614M+6.8% | $608M+7.2% | $604M+7.9% | |
| Client account and other fees | $243M-1.6% | $239M-2.0% | $246M+3.8% | $251M+10.1% | $247M+10.8% | |
| Debt underwriting | $285M+39.7% | $255M+28.8% | $261M+55.4% | $215M+40.5% | $204M+54.5% | |
| Equities, exchange-traded funds (“ETFs”) and fixed income products | $707M+14.2% | $669M+10.8% | $650M+16.7% | $631M+19.7% | $619M+23.6% | |
| Equity underwriting | $204M+10.9% | $181M+3.4% | $185M+9.5% | $188M+39.3% | $184M+44.9% | |
| Insurance and annuity products | $540M+7.6% | $525M+2.5% | $511M-1.5% | $501M0.0% | $502M+5.9% | |
| Merger & acquisition and advisory | $526M-19.2% | $516M-18.0% | $623M+19.6% | $665M+45.5% | $651M+43.4% | |
| RJBDP fees | -$765M+0.6% | -$761M+4.0% | -$760M+8.3% | -$766M+11.9% | -$770M+18.8% | |
| Revenues, Net of Interest Expense by Geography | ||||||
| Canada | $696M+10.5% | $666M+6.7% | $645M+7.7% | $625M+5.4% | $630M+8.8% | |
| Europe | $553M+2.2% | $539M+1.3% | $549M+11.1% | $559M+18.4% | $541M+16.8% | |
| U.S. | $13.47B+8.1% | $13.06B+7.1% | $12.87B+9.7% | $12.62B+11.2% | $12.46B+12.8% |
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.
