RJF · Raymond James Financial

557 filings

8-K

RJF 8-K Current Reports

Raymond James Financial - 557 current reports

Filing record · 2016–202610-K1010-Q338-K266

Showing 1-50 of 557 filings

8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Oct 28, 2026)

Raymond James Financial, Inc. (NYSE: RJF) reported record fiscal 2026 results for the year and quarter ended September 30, 2026. Fiscal 2026 net revenues were $15.79 billion, up 12%, and net income available to common shareholders was $2.37 billion, with diluted earnings per share of $11.91, up 16%. Adjusted diluted EPS was $12.41. Fourth-quarter net revenues were $4.27 billion, up 15% year over year and 9% sequentially, and diluted EPS was $3.40, or $3.59 on an adjusted basis. Growth was driven primarily by the Private Client Group and Asset Management. Asset management and related administrative fees rose 23% to $2.31 billion in the quarter. Quarter-end client assets under administration reached a record $1.94 trillion, and fee-based PCG assets reached $1.16 trillion, up 15% year over year. Domestic PCG net new assets were $98.3 billion for the fiscal year, and $22.8 billion in the quarter. Investment banking revenue was $370 million in the quarter, up 17% year over year. The firm repurchased $1.25 billion of common stock during the year and returned about $1.7 billion to shareholders including dividends. $1.05 billion remained under the repurchase authorization at fiscal year-end. Capital remained strong, with a total capital ratio of 24.2% and a Tier 1 leverage ratio of 12.1%, both estimated. The filing also notes the April 30, 2026 acquisition of Clark Capital Management Group, which contributed $36 billion of financial assets under management and $47 billion of total client assets at acquisition.

Oct 28, 2026 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Sep 23, 2026)

On September 23, 2026, Raymond James Financial, Inc. furnished an 8-K under Item 7.01 (Regulation FD Disclosure) attaching a press release with selected operating data for August 2026. The company says the data is provided for timely investor information on monthly developments in key metrics, and that a consistent correlation to earnings should not be assumed given the limited nature of the data. The filing is furnished rather than filed for purposes of Section 18 of the Securities Exchange Act of 1934. CEO Paul Shoukry described record client assets under administration of $1.97 trillion, up 16% year-over-year and 2% sequentially, driven by higher equity markets and net asset inflows from strong advisor retention and recruiting. Client domestic cash sweep and Enhanced Savings Program balances were $57.4 billion, up 6% year-over-year and 1% from July. Bank loans were up slightly from the prior month, as growth in securities-based loans and residential mortgages offset declines in corporate loans. Investment banking pipelines and client activity remain strong, though the company noted the timing of closings remains uncertain.

Sep 23, 2026 8-K

Leadership ChangesRegulation FD

Raymond James Financial 8-K Report, Executive Changes (Sep 1, 2026)

Raymond James Financial, Inc. filed this Form 8-K to report two items. First, under Item 5.02, the Board appointed William W. Weatherford, age 46, as a director effective December 15, 2026, with appointments to the Audit Committee and Risk Committee. The Board determined he is independent, and the size of the Board was increased from twelve to thirteen directors. Weatherford is managing partner of Weatherford Capital, a family-owned private investment firm he co-founded in 2015, and previously served in the Florida House of Representatives, including as Speaker from 2012. Second, under Item 7.01, the Company disclosed that its Board declared on August 26, 2026 a quarterly dividend of $0.54 per share on common stock, payable October 15, 2026 to shareholders of record on October 1, 2026. This information is furnished rather than filed for purposes of Section 18 of the Exchange Act. The filing attaches two press releases: Exhibit 99.1 (dated August 31, 2026) announcing the director appointment, and Exhibit 99.2 (dated August 26, 2026) announcing the dividend. The company describes itself as having $1.93 trillion in total client assets.

Sep 1, 2026 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Aug 19, 2026)

Raymond James Financial, Inc. furnished an 8-K on August 19, 2026, attaching a press release that discloses selected operating data for July 2026. The company describes the data as limited in nature and states that a consistent correlation to earnings should not be assumed. Per the press release, client assets under administration reached a record $1.93 trillion at July 31, 2026, up 17% year-over-year and flat versus June 30, 2026 (the release describes the month-over-month change as slight, attributed to net asset inflows). Private Client Group assets under administration were $1.86 trillion, and fee-based account assets were $1.16 trillion, up 21% year-over-year. Financial assets under management were $344.6 billion, up 30% year-over-year and essentially flat from June. Bank loans, net, were $56.3 billion, up 13% year-over-year. Clients' domestic cash sweep and Enhanced Savings Program balances were $56.7 billion, up 3% year-over-year but down 4% from the prior month, which the CEO attributes to quarterly fee billings collected in July. The CEO also noted strong advisor retention, a robust recruiting pipeline, and investment banking activity that remains robust although the timing of closings is uncertain.

Aug 19, 2026 8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Jul 22, 2026)

Raymond James Financial, Inc. (NYSE: RJF) reported record fiscal third-quarter 2026 results for the quarter ended June 30, 2026, with net revenues of $3.93 billion, up 16% from the prior year's fiscal third quarter and 2% from the preceding quarter. Net income available to common shareholders was $595 million, or $3.01 per diluted share, up 42% year over year. Excluding $25 million of acquisition-related expenses, net of tax, adjusted net income available to common shareholders was $620 million, or $3.14 per diluted share. For the first nine months of fiscal 2026, net revenues were $11.5 billion (up 11%) and diluted EPS was $8.52 (up 16%), with records set for net revenues, pre-tax income, net income and EPS. Growth was driven by the Private Client Group and Asset Management segments. Client assets under administration reached a record $1.92 trillion, and quarter-end Private Client Group fee-based account assets reached $1.15 trillion, up 22% year over year. Domestic Private Client Group net new assets were $21.7 billion for the quarter, an annualized growth rate of 5.5%. Asset Management financial assets under management rose to $345 billion, including $36 billion from the acquisition of Clark Capital completed on April 30, 2026. Bank pre-tax income was a record $206 million, and Capital Markets investment banking revenues rose 40% year over year. The company repurchased $400 million of common stock at an average price of $152 per share during the quarter, with $1.1 billion remaining under the Board's authorization. The total capital ratio was 22.5% and the tier 1 leverage ratio was 11.7%, both estimated and described as well above regulatory requirements. The effective tax rate was 20.7%, reflecting nontaxable gains on corporate-owned life insurance. The company also noted that it enters the fiscal fourth quarter with strong investment banking pipelines and robust financial advisor recruiting.

Jul 22, 2026 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Jun 24, 2026)

Raymond James Financial, Inc. (NYSE: RJF) furnished a Form 8-K on June 24, 2026, under Item 7.01 (Regulation FD Disclosure), attaching a press release that reports its selected operating data for May 2026. The company states that this monthly data is provided for timely investor information and that a consistent correlation to earnings should not be assumed given its limited nature. The information is furnished rather than filed for purposes of Section 18 of the Exchange Act. The headline metric is client assets under administration, which grew to a record $1.92 trillion as of May 31, 2026. That represents a 21% increase year-over-year and a 3% increase from April 30, 2026. CEO Paul Shoukry attributed the growth primarily to higher equity markets and net asset inflows. Private Client Group assets under administration reached $1.85 trillion, and Private Client Group assets in fee-based accounts were $1.16 trillion, up 27% year-over-year. Financial assets under management rose to $342.7 billion, up 35% year-over-year and 15% from April, with the increase including $37 billion of assets under management from Clark Capital Management Group, Inc., acquired on April 30, 2026. Balance sheet and banking metrics were steady. Bank loans, net were $55.3 billion, nearly flat from the prior month, with growth in securities-based loans and residential mortgages offset by lower corporate loans. Clients' domestic cash sweep and Enhanced Savings Program balances were $55.8 billion, up 3% year-over-year and flat sequentially. Management said the advisor recruiting pipeline remains robust and investment banking pipelines and client activity are strong, though the timing of deal closings remains uncertain.

Jun 24, 2026 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (May 27, 2026)

Raymond James Financial, Inc. (RJF) furnished under Item 7.01 of a Form 8-K filed May 27, 2026, the slides for its annual Analyst & Investor Day held that day, which ran from 1:00 p.m. to approximately 4:45 p.m. ET. The presentation covers the firm's strategy across its Private Client Group, Asset Management, Capital Markets, Bank and Technology businesses, along with a financial review. The filing states that the information is furnished and not deemed filed under Section 18 of the Securities Exchange Act of 1934. Management highlighted scale and growth in wealth management. The Private Client Group reported $1.7 trillion in client assets under administration, 9,076 advisors, and $54 billion of domestic net new assets for the first six months of fiscal 2026. Consolidated net revenues were $14.07 billion for fiscal 2025, versus $7.59 billion for the first half of fiscal 2026 compared with $6.94 billion in the prior-year period. Fiscal 2025 pre-tax income was $2.71 billion, and the firm reported net income available to common shareholders of $1.10 billion for the six months ended March 31, 2026. Advisor recruiting produced $407 million of trailing-twelve-month production in fiscal 2025, which the filing describes as up 21% year over year. The presentation also set out financial targets and balance sheet metrics. Management's targets are an adjusted compensation ratio of about 65%, an adjusted pre-tax margin of about 20%, adjusted return on common equity of 17% or more, and adjusted return on tangible common equity of 20% or more, all measured on net revenues and presented as non-GAAP measures. As of March 31, 2026, the filing reports a total capital ratio of 24.0%, $3.0 billion of corporate cash, $55 billion of bank loans outstanding, and credit ratings of A3 (Moody's), A- (S&P) and A- (Fitch), each with a stable outlook.

May 27, 2026 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (May 20, 2026)

Raymond James Financial, Inc. (NYSE: RJF) furnished this Form 8-K under Item 7.01 (Regulation FD) to disclose selected operating data for April 2026 through Exhibit 99.1, a press release dated May 20, 2026. The company describes the data as provided to give investors timely information on monthly developments, and states that a consistent correlation to earnings should not be assumed given the limited nature of the data. The headline metric is client assets under administration, which reached a record $1.87 trillion ($1,869.9 billion) at April 30, 2026, up 22% year-over-year and 6% from March 31, 2026. CEO Paul Shoukry attributed the growth primarily to higher equity markets and net asset inflows. Private Client Group fee-based assets rose 28% year-over-year to $1,121.4 billion, and financial assets under management rose 22% year-over-year to $298.6 billion. Financial assets under management exclude the impact of the Clark Capital Management Group, Inc. acquisition, which closed on April 30, 2026. Bank loans, net, were $55.4 billion, up 14% year-over-year and 1% sequentially. Clients' domestic cash sweep and Enhanced Savings Program balances were $55.6 billion, flat year-over-year and down 4% sequentially, which the company attributed mainly to quarterly fee billings and seasonal client tax payments. Management said investment banking pipelines and client activity remain strong, but the timing of deal closings remains uncertain.

May 20, 2026 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (May 19, 2026)

Raymond James Financial, Inc. filed this Current Report on Form 8-K to disclose, under Item 7.01 (Regulation FD Disclosure), that its Board of Directors declared on May 13, 2026 a quarterly cash dividend of $0.54 per share on its common stock. The dividend is payable July 15, 2026 to shareholders of record on July 1, 2026. The information was announced in a press release dated May 13, 2026, which is attached as Exhibit 99.1. The filing is limited to the dividend declaration and does not include financial results, earnings, or other operating data. The press release describes Raymond James as a diversified financial services company offering private client group, capital markets, asset management, banking and other services, and states total client assets of $1.76 trillion. Its forward-looking statements refer to future shareholder distributions and are subject to the risks described in its SEC filings. The Item 7.01 information is furnished rather than filed, so it is not subject to the liabilities of Section 18 of the Exchange Act. For investors, the key takeaway is the declared quarterly dividend, with the record and payment dates noted above.

May 19, 2026 8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Apr 22, 2026)

Raymond James Financial, Inc. (NYSE: RJF) reported record fiscal second quarter 2026 results for the period ended March 31, 2026, with net revenues of $3.86 billion, up 13% over the prior year's fiscal second quarter and up 3% over the preceding quarter. Net income available to common shareholders was $542 million, or $2.72 per diluted share, compared with $2.36 per diluted share a year earlier. Excluding $22 million of acquisition-related expenses, net of tax, adjusted net income available to common shareholders was $564 million, or $2.83 per diluted share. For the first six months of fiscal 2026, net revenues were a record $7.59 billion, up 9%, and diluted EPS was $5.51, up 6%. Growth was driven by asset management and related administrative fees, which rose 17% to $2.02 billion, and by Capital Markets, where investment banking revenues increased 29% to $279 million. Private Client Group assets in fee-based accounts reached a record $1.04 trillion, up 20% year over year, and domestic Private Client Group net new assets were $23.0 billion for the quarter, an annualized growth rate of 5.8%. Client assets under administration were $1.76 trillion. Pre-tax income rose 10% to $735 million, though the pre-tax margin fell to 19.0% from 19.7% a year earlier, and the effective tax rate was 26.0%. The Bank segment was a bright spot, with pre-tax income up 42% year over year to $166 million and record net bank loans of $54.8 billion. During the quarter the firm repurchased $400 million of common stock at an average price of $155 per share and had $1.5 billion remaining under its repurchase authorization. Its total capital ratio was 24.0% and its tier 1 leverage ratio was 12.4%, both described by the company as well above regulatory requirements. The filing also furnishes a financial supplement and an earnings presentation.

Apr 22, 2026 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Mar 25, 2026)

Raymond James Financial, Inc. (NYSE: RJF) furnished an 8-K on March 25, 2026 under Item 7.01 (Regulation FD Disclosure) to report selected operating data for February 2026, as detailed in Exhibit 99.1. The company states the data is provided to give investors timely information on monthly developments in key metrics, and cautions that, given the limited nature of the data, a consistent correlation to earnings should not be assumed. The information is furnished, not filed, under Section 18 of the Exchange Act. The headline figure is record client assets under administration of $1.83 trillion (reported as $1,828.4 billion at February 28, 2026), up 16% year-over-year and 1% from January 31, 2026. Private Client Group assets in fee-based accounts reached $1,083.4 billion, up 21% year-over-year and 2% month-over-month. Financial assets under management were $292.5 billion, up 16% year-over-year. Bank loans, net, were $54.0 billion, up 13% year-over-year and flat versus January. Clients' domestic cash sweep and Enhanced Savings Program balances declined to $54.6 billion, down 4% year-over-year and 1% sequentially. CEO Paul Shoukry attributed asset growth primarily to higher equity markets and net asset inflows, noted robust advisor recruiting, and said investment banking revenues for the first two months of the current quarter were up approximately 5% from the prior-year comparable period, with the timing of closings still affecting revenue.

Mar 25, 2026 8-K

Shareholder MattersRegulation FDExhibits & Filings

Raymond James Financial 8-K Report, Shareholder Vote Results (Feb 23, 2026)

Raymond James Financial, Inc. (NYSE: RJF) filed this Current Report to disclose results from its Annual Meeting of Shareholders, held February 19, 2026. Shareholders elected all twelve nominees to the Board of Directors by a majority of votes cast and approved all four other proposals: an advisory vote on named executive officer compensation, the Amended and Restated 2012 Stock Incentive Plan, the Amended and Restated 2003 Employee Stock Purchase Plan, and the ratification of KPMG LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2026. The advisory say-on-pay proposal received 94.74% of votes cast in favor. Separately, on February 19, 2026, the Board declared a quarterly cash dividend of $0.54 per share on the company's common stock. The dividend is payable April 15, 2026 to shareholders of record on April 1, 2026. The press release announcing the dividend is attached as Exhibit 99.1 and is furnished, not filed, under Item 7.01. The filing reports no contested solicitation. Director elections and proposals were supported by large majorities, with 23,954,132 broker non-votes recorded on each proposal except the auditor ratification, which had none. The dividend declaration and the shareholder vote results are the principal items for investors.

Feb 23, 2026 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Feb 18, 2026)

Raymond James Financial, Inc. (NYSE: RJF) furnished an 8-K on February 18, 2026 under Item 7.01 (Regulation FD) attaching a press release that reports selected operating data for January 2026. The company describes the data as provided to give investors timely information on monthly developments in key metrics, and cautions that, given the limited nature of the data, a consistent correlation to earnings should not be assumed. As of January 31, 2026, client assets under administration were $1,803.8 billion, up 13% year-over-year and 2% from December 31, 2025, which CEO Paul Shoukry attributed primarily to higher equity markets and net asset inflows. Private Client Group assets under administration were $1,739.6 billion, and Private Client Group assets in fee-based accounts were $1,062.4 billion, up 18% year-over-year. Financial assets under management were $286.4 billion, up 14% year-over-year. Bank loans, net, were $53.8 billion, up 13% year-over-year. Clients' domestic cash sweep and Enhanced Savings Program balances were $55.0 billion, down 5% sequentially and down 4% year-over-year. Management said this decline was anticipated and reflected quarterly client fee billings collected in January and continued client reinvestment after the seasonal build-up in the prior month. Management also described the advisor recruiting pipeline as robust and the investment banking pipelines as strong.

Feb 18, 2026 8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Jan 28, 2026)

Raymond James Financial, Inc. reported fiscal first quarter 2026 results for the period ended December 31, 2025, with record quarterly net revenues of $3.74 billion, up 6% from the prior year's fiscal first quarter and essentially flat with the preceding quarter. Net income available to common shareholders was $562 million, or $2.79 per diluted share, versus $599 million in the prior-year quarter; excluding $15 million of after-tax acquisition-related expenses, adjusted net income was $577 million, or $2.86 per diluted share. Pre-tax income was $728 million, down 3% year over year, and the effective tax rate rose to 22.7% from 19.9%, which the company said reflected a seasonal tax benefit from share-based compensation settling during the quarter. Growth was driven by the Private Client Group and Bank segments. Client assets under administration reached a record $1.77 trillion, and Domestic Private Client Group net new assets were $30.8 billion, an annualized growth rate of 8.0%. Asset management and related administrative fees rose 15% to $2.0 billion. Bank segment pre-tax income increased 47% year over year to $173 million, and net bank loans reached a record $53.4 billion. Capital Markets was weaker, with net revenues down 21% year over year, driven by lower M&A and advisory revenues, and pre-tax income falling to $9 million. The company also increased its quarterly dividend 8% to $0.54 per share, repurchased $400 million of common stock at an average price of $162 per share, and announced the acquisition of Clark Capital Management Group, Inc., an asset manager with over $46 billion in combined assets under management and non-discretionary assets as of December 31, 2025. Capital remained strong, with a total capital ratio of 24.3% and a Tier 1 leverage ratio of 12.7%, both estimated.

Jan 28, 2026 8-K

Other EventsExhibits & Filings

Raymond James Financial 8-K Report, Corporate Update (Jan 15, 2026)

Raymond James Financial, Inc. (NYSE: RJF) filed a Form 8-K on January 15, 2026, disclosing that it has entered into a definitive agreement to acquire all outstanding shares of Clark Capital Management Group, Inc., a Philadelphia-based asset management firm specializing in wealth-focused solutions. The press release (Exhibit 99.1) states Clark Capital was founded in 1986 by Harry Clark and manages over $46 billion in discretionary assets under management and non-discretionary assets. Following the closing, which is expected by the third calendar quarter of 2026 and is subject to customary conditions including regulatory approvals, Clark Capital will maintain its brand and operate as an independent boutique investment manager within Raymond James Investment Management, the company's global asset management division. Clark Capital retains its leadership team, investment capabilities, and service model. The company's CEO, Paul Shoukry, stated that the company's focus remains on deploying capital into quality opportunities for continued growth. For investors, the filing signals an expansion of Raymond James Investment Management's multi-boutique platform, adding a firm that offers multi-asset-class solutions, model portfolios, and '40-Act mutual funds to financial advisors. The filing does not disclose the purchase price or other deal financials.

Jan 15, 2026 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Dec 17, 2025)

Raymond James Financial, Inc. (NYSE: RJF) furnished a Current Report on Form 8-K dated December 17, 2025, under Regulation FD, attaching a press release that reports its selected operating data for November 2025. The company describes this monthly data as an effort to provide timely information on key performance metrics, and cautions that, given the limited nature of the data, a consistent correlation to earnings should not be assumed. The information is furnished rather than filed for purposes of Section 18 of the Exchange Act. As of November 30, 2025, client assets under administration were $1,765.3 billion, up 10% year-over-year and 1% from October 31, 2025. CEO Paul Shoukry attributed the growth primarily to net asset inflows driven by strong recruiting, combined with higher equity markets, and called the advisor recruiting pipeline robust. Private Client Group assets under administration were $1,700.4 billion, financial assets under management were $279.8 billion, and bank loans, net, were $52.4 billion, each up 1% sequentially. Clients' domestic cash sweep and Enhanced Savings Program balances were $56.0 billion, up 1% sequentially but down 3% year-over-year. Shoukry noted that investment banking revenues for the first two months of the current quarter were down approximately 20% from the first two months of the preceding quarter, largely due to the timing of closings, while investment banking pipelines and client activity remain strong.

Dec 17, 2025 8-K

Regulation FDOther EventsExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Dec 4, 2025)

Raymond James Financial, Inc. (NYSE: RJF) filed this Current Report on Form 8-K to disclose three actions taken by its Board of Directors, announced in a press release dated December 3, 2025. The Board declared a quarterly common stock dividend of $0.54 per share, payable January 16, 2026 to shareholders of record on January 2, 2026, which the press release describes as an 8% increase over the prior $0.50 per share dividend paid October 15, 2025. The Board also authorized a new share repurchase program of up to $2 billion of common stock. This replaces the previous $1.5 billion authorization announced December 3, 2024, under which approximately $105 million remained as of December 2, 2025. The filing states that repurchases may be made from time to time in the open market, in privately negotiated transactions, or otherwise, are subject to market conditions, applicable law, and regulatory constraints tied to previously announced acquisitions, have no fixed expiration date, and do not obligate the company to repurchase any amount. Finally, the Board declared a quarterly dividend of $0.3984375 per depositary share of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB), payable January 1, 2026 to holders of record on December 15, 2025. The press release notes that the company will redeem all outstanding Series B Preferred Stock and related depositary shares on January 2, 2026, as previously announced.

Dec 4, 2025 8-K

Other EventsExhibits & Filings

Raymond James Financial 8-K Report, Corporate Update (Dec 2, 2025)

Raymond James Financial, Inc. filed this Form 8-K on December 2, 2025 under Item 8.01 (Other Events) to disclose that it will redeem all 80,500 outstanding shares of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock on January 2, 2026 (the Redemption Date). The related Series B Depositary Shares, each representing a 1/40th interest in a share of Series B Preferred Stock, will also be redeemed. After the redemption, no Series B Preferred Stock or Series B Depositary Shares will remain outstanding. According to the attached press release (Exhibit 99.1), the redemption price is $1,000.00 per share of Series B Preferred Stock and $25.00 per Series B Depositary Share. These prices do not include declared and unpaid dividends, if any, before the redemption date. The company states that it has received all necessary approvals for the redemption. Payment to holders of the depositary shares, which are held through DTC, will be made by Computershare as redemption agent. The filing is a notice of corporate action rather than a financial results report. It does not contain earnings or other financial performance data, and the 8-K states that it is qualified by reference to the separately issued notice of redemption.

Dec 2, 2025 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Nov 19, 2025)

Raymond James Financial, Inc. (NYSE: RJF) furnished an 8-K on November 19, 2025, under Item 7.01 (Regulation FD Disclosure) attaching a press release that reports selected operating data for October 2025. The company describes the data as a timely monthly update on key performance metrics and cautions that, given its limited nature, a consistent correlation to earnings should not be assumed. The information is furnished rather than filed for purposes of Section 18 of the Exchange Act. According to the press release, client assets under administration reached a record $1.75 trillion as of October 31, 2025, up 13% year-over-year and 1% from September 30, 2025, which CEO Paul Shoukry attributed primarily to higher equity markets and net asset inflows. Private Client Group assets under administration were $1,686.7 billion, and Private Client Group assets in fee-based accounts were $1,023.4 billion, up 19% year-over-year. Financial assets under management were $276.7 billion, up 15% year-over-year. Bank loans, net, were $51.8 billion, up 12% year-over-year and flat sequentially. Clients' domestic cash sweep and Enhanced Savings Program balances were $55.5 billion, down 4% year-over-year and down 2% sequentially; Mr. Shoukry said inflows partially offset the impact of quarterly fee billings. He also noted that the pipelines for advisor recruiting and investment banking remain strong.

Nov 19, 2025 8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Oct 22, 2025)

Raymond James Financial, Inc. (NYSE: RJF) reported record fiscal 2025 results for the year ended September 30, 2025, with record annual net revenues of $14.07 billion, record net income available to common shareholders of $2.13 billion, and record diluted earnings per share of $10.30. For the fiscal fourth quarter, net revenues were a record $3.73 billion, up 8% year over year and 10% sequentially, and net income available to common shareholders was $603 million, or $2.95 per diluted share. Excluding $39 million of acquisition-related expenses, adjusted diluted EPS was $3.11. Client assets under administration reached a record $1.73 trillion, and Private Client Group fee-based account assets reached a record $1.01 trillion, up 15% year over year. Growth was broad-based across segments. Asset management and related administrative fees rose to $1.88 billion in the quarter, and the Asset Management and Capital Markets segments delivered strong annual results, with Capital Markets annual pre-tax income of $146 million versus $67 million in fiscal 2024. Domestic Private Client Group net new assets were $17.9 billion in the quarter, an annualized growth rate of 5.0%. Bank segment net loans reached a record $51.6 billion, and the net interest margin was 2.71% for the quarter. Fiscal 2025 results included a $58 million reserve increase tied to a legal settlement in the Capital Markets segment. Capital and shareholder returns remained strong. The company repurchased $350 million of common stock in the quarter at an average price of $166 per share, leaving $399 million under the Board's authorization, and returned over $1.5 billion to shareholders in fiscal 2025 through repurchases and dividends. The total capital ratio was an estimated 24.1% and the tier 1 leverage ratio an estimated 13.1%. The company also cited about $1 billion of technology investment during the year, including AI, and disclosed a pending acquisition of GreensLedge Holdings LLC expected to close later in fiscal 2026.

Oct 22, 2025 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Sep 24, 2025)

Raymond James Financial, Inc. (NYSE: RJF) filed a Current Report on Form 8-K on September 24, 2025, furnishing under Item 7.01 (Regulation FD Disclosure) a press release reporting its selected operating data for August 2025. The company states that the data is provided to give investors timely information on monthly developments in key metrics, and that due to the limited nature of the data, a consistent correlation to earnings should not be assumed. CEO Paul Shoukry described record client assets under administration of $1.69 trillion, up 10% year-over-year and 2% from the prior month, driven primarily by higher equity markets and net asset inflows. He also noted that advisor recruiting remains strong and that the investment banking pipeline continues to be robust. Client assets under administration were $1,688.5 billion at August 31, 2025, versus $1,535.3 billion a year earlier and $1,653.4 billion at July 31, 2025. Other metrics moved in the same direction on the period-over-period comparisons shown. Private Client Group assets under administration reached $1,626.1 billion, fee-based account assets were $978.9 billion (up 14% year-over-year), and financial assets under management were $270.0 billion (up 12%). Bank loans, net, were $50.2 billion (up 10%). Clients' domestic cash sweep and Enhanced Savings Program balances were $54.2 billion, down 4% year-over-year and down 1% sequentially.

Sep 24, 2025 8-K

Material AgreementsFinancial EventsExhibits & Filings

Raymond James Financial 8-K Report, Material Agreement (Sep 23, 2025)

On September 23, 2025, Raymond James Financial, Inc. entered into a Second Amended and Restated Credit Agreement with Raymond James & Associates, Inc., a syndicate of lenders, and Bank of America, N.A. as administrative agent. The agreement amends and restates the Company's existing unsecured Amended and Restated Credit Agreement dated April 6, 2023, as amended. The amended facility extends the maturity date for any borrowings to September 23, 2030, and increases the facility amount to $1,000,000,000. The applicable interest rate spread is decreased, with borrowings bearing interest at the Base Rate, Term SOFR Rate, Daily Floating Term SOFR Rate or Alternative Currency Term Rate plus an applicable rate ranging from 0.000% to 1.300%, down from a range of 0.000% to 1.425%. The rate is determined by reference to the Company's non-credit-enhanced, senior unsecured long-term debt ratings. The filing is a credit facility update and does not report financial results. The full agreement is filed as Exhibit 10.1, with certain schedules and attachments omitted under Item 601(a)(5) of Regulation S-K.

Sep 23, 2025 8-K

Other EventsExhibits & Filings

Raymond James Financial 8-K Report, Corporate Update (Sep 11, 2025)

Raymond James Financial, Inc. (NYSE: RJF) closed a public underwritten offering on September 11, 2025, issuing $1.5 billion of senior notes in two tranches: $650,000,000 of 4.900% senior notes due September 11, 2035 and $850,000,000 of 5.650% senior notes due September 11, 2055. The Notes were issued under the Base Indenture dated August 10, 2009 with The Bank of New York Mellon Trust Company, N.A., as trustee, as supplemented by the Tenth and Eleventh Supplemental Indentures dated September 11, 2025. The offering was registered on a Form S-3 shelf registration statement (File No. 333-279215) and was priced under an Underwriting Agreement dated September 9, 2025. According to the accompanying press release, dated September 9, 2025, the net proceeds are expected to be used for general corporate purposes. The release describes the company as a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services, with total client assets of $1.65 trillion. The filing is primarily a disclosure of debt issuance terms. It attaches the underwriting agreement, indentures, legal opinions from E. Michael Serbanos, Esq. and Morrison & Foerster LLP, and the pricing press release, which are incorporated by reference.

Sep 11, 2025 8-K

Regulation FD

Raymond James Financial 8-K Report, Regulation FD Disclosure (Aug 21, 2025)

Raymond James Financial, Inc. (NYSE: RJF) filed this Current Report on Form 8-K under Item 7.01 (Regulation FD Disclosure) to furnish a press release dated August 20, 2025, announcing quarterly dividend declarations by its Board of Directors. The filing is a dividend announcement and contains no financial results, operating metrics, or other financial statement data. The Board declared a quarterly cash dividend of $0.50 per share on the company's common stock, payable October 15, 2025 to shareholders of record on October 1, 2025. The Board also declared a quarterly dividend of $0.3984375 per depositary share of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB), payable October 1, 2025 to shareholders of record on September 15, 2025. The press release describes Raymond James as a diversified financial services company providing private client group, capital markets, asset management, banking and other services, with total client assets of $1.65 trillion. The information in Item 7.01 and Exhibit 99.1 is furnished rather than filed for purposes of Section 18 of the Exchange Act.

Aug 21, 2025 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Aug 20, 2025)

Raymond James Financial, Inc. (NYSE: RJF) furnished an 8-K on August 20, 2025 containing Exhibit 99.1, a press release disclosing selected operating data for July 2025. The company describes the data as providing timely monthly information on key performance metrics and notes that, due to its limited nature, a consistent correlation to earnings should not be assumed. This is an operating-metrics update rather than an earnings report, and the filing states that the information is furnished under Item 7.01 and not deemed filed for purposes of Section 18 of the Exchange Act. CEO Paul Shoukry said client assets under administration reached a record $1,653.4 billion as of July 31, 2025, up 10% year-over-year and 1% from June 30, 2025, primarily due to higher equity markets and net asset inflows. He also said advisor recruiting remained robust and the investment banking pipeline remained strong. Financial assets under management were $264.3 billion, up 13% year-over-year, and bank loans, net were $49.7 billion, up 9% year-over-year. Clients' domestic cash sweep and Enhanced Savings Program balances were $54.8 billion, down 2% year-over-year and 1% sequentially. The company attributed the sequential decline of $400 million to quarterly fee billings of approximately $1.7 billion, partially offset by net inflows. Private Client Group fee-based account assets were $956.5 billion, up 14% year-over-year.

Aug 20, 2025 8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Jul 23, 2025)

Raymond James Financial, Inc. reported fiscal third-quarter 2025 results for the period ended June 30, 2025, per Exhibit 99.1 (press release dated July 23, 2025). Quarterly net revenues were $3.40 billion, up 5% year over year and flat sequentially, while net income available to common shareholders was $435 million, or $2.12 per diluted share, versus $2.31 a year earlier. Adjusted net income available to common shareholders was $449 million, or $2.18 per diluted share, excluding $19 million of acquisition-related expenses. Results include a $58 million reserve increase tied to settling a legal matter over bond underwritings for a specific issuer sold to institutional investors from 2013 to 2015, which the company resolved without admission of wrongdoing. The company highlighted record results on a nine-month basis, with net revenues of $10.34 billion (up 10%), diluted EPS of $7.35 (up 7%), and adjusted diluted EPS of $7.55 (up 6%). Record client assets under administration reached $1.64 trillion, and record Private Client Group assets in fee-based accounts were $943.9 billion, up 15% from June 2024. Asset management and related administrative fees rose to $1.73 billion, and the firm repurchased $451 million of common stock during the quarter at an average price of $137 per share, leaving $749 million under the current authorization. Pre-tax income declined 13% year over year to $563 million, and the pre-tax margin was 16.6%. CEO Paul Shoukry cited a significant increase in the financial advisor recruiting pipeline and a strong investment banking pipeline, while noting that the macroeconomic environment remains uncertain. Capital remained strong, with a total capital ratio of 24.3% and a tier 1 leverage ratio of 13.1%, both described as estimated and well above regulatory requirements.

Jul 23, 2025 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Jun 25, 2025)

Raymond James Financial, Inc. (NYSE: RJF) furnished an 8-K on June 25, 2025, under Item 7.01 (Regulation FD Disclosure), attaching a press release that reports selected operating data for May 2025. The company states the data is provided to give investors timely information on monthly developments in key metrics and that, due to its limited nature, a consistent correlation to earnings should not be assumed. Client assets under administration reached $1,583.0 billion at May 31, 2025, up 9% from May 31, 2024 and 3% from April 30, 2025. CEO Paul Shoukry attributed the growth primarily to higher equity markets and net asset inflows. Private Client Group assets under administration were $1,520.8 billion, and financial assets under management were $254.2 billion, up 12% year-over-year. Private Client Group assets in fee-based accounts were $909.1 billion, up 13% year-over-year. Clients' domestic cash sweep and Enhanced Savings Program balances declined 4% year-over-year and 3% sequentially to $54.2 billion, while bank loans, net, rose 11% year-over-year to $49.1 billion. Shoukry also said the investment banking pipeline remains strong, though the timing of closings is difficult to predict. The information is furnished rather than filed for purposes of Section 18 of the Exchange Act.

Jun 25, 2025 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Jun 5, 2025)

Raymond James Financial, Inc. filed this Form 8-K under Item 7.01 (Regulation FD Disclosure) to furnish the slides for its annual Analyst & Investor Day, held Thursday, June 5, 2025, beginning at 1:30 p.m. ET, with presentations and Q&A expected to conclude at approximately 4:45 p.m. ET. The filing contains no new financial results; the substance is in Exhibit 99.1, the presentation deck. The information is furnished rather than filed for purposes of Section 18 of the Exchange Act. The presentation, as of March 31, 2025 unless noted, shows client assets under administration of $1.48 trillion, 8,731 PCG advisors, and total Bank Segment assets of $63 billion with loans outstanding of $48.3 billion. Management reports 149 consecutive quarters of profitability and a total capital ratio of 24.8%. Fiscal 2024 net revenues were $12.8 billion, and the firm reports fiscal-year-to-date 2025 (first two quarters) pre-tax income of $1.42 billion, with an adjusted pre-tax margin of 21.0% for that period. Management targets adjusted pre-tax margin above 20%-plus and adjusted return on common equity of 17%-plus, and states the firm expects to generate at least $20 billion in net revenues by 2030. The deck also outlines strategic priorities: expanding market share, increasing collaboration across businesses, investing in tools and resources, and enhancing infrastructure. It highlights the Private Client Group's fee-based asset growth, the Bank Segment's securities-based lending, and Capital Markets' investment banking expansion. It also states $1.01 billion remained under the stock repurchase authorization as of April 21, 2025, and a quarterly dividend of $0.50 per share.

Jun 5, 2025 8-K

Leadership ChangesRegulation FD

Raymond James Financial 8-K Report, Executive Changes (May 23, 2025)

Raymond James Financial, Inc. (NYSE: RJF) filed this Form 8-K on May 23, 2025 to report two items. First, on May 21, 2025, the Board appointed Mark W. Begor, age 66, as a director effective immediately, and placed him on the Audit Committee and Risk Committee. The Board determined he is independent, and the Board size was increased from twelve to thirteen directors. Begor is the Chief Executive Officer of Equifax Inc. and has served on its Board since April 2018. He will receive restricted stock units with a prorated value of $150,000 that vest at the 2026 Annual Meeting of Shareholders, and he will enter the company's standard indemnification agreement. Second, under Regulation FD, the company disclosed that its Board declared a quarterly common stock dividend of $0.50 per share, payable July 15, 2025 to shareholders of record on July 1, 2025. The Board also declared a quarterly dividend of $0.3984375 per depositary share of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB), payable July 1, 2025 to holders of record on June 13, 2025. The Item 7.01 information is furnished, not filed. For investors, the filing is primarily a routine governance update and a confirmation of the upcoming dividend schedule. The appointment adds an experienced financial services executive to the Board, and the declared dividends set the near-term cash distribution to common and preferred holders. The press releases state total client assets of $1.54 trillion in one release and $1.53 trillion in the other.

May 23, 2025 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (May 21, 2025)

Raymond James Financial, Inc. (NYSE: RJF) furnished a Current Report on Form 8-K dated May 21, 2025, under Item 7.01 (Regulation FD Disclosure), attaching a press release that reports selected operating data for April 2025. The company states the data is provided for timely monthly information and that a consistent correlation to earnings should not be assumed given its limited nature. The information is furnished rather than filed for purposes of Section 18 of the Exchange Act. The key April 2025 figures are: client assets under administration of $1,530.7 billion, up 9% year over year and flat versus March 31, 2025; Private Client Group assets under administration of $1,469.5 billion, up 9% year over year; Private Client Group assets in fee-based accounts of $873.3 billion, up 12% year over year; and financial assets under management of $245.5 billion, up 12% year over year. Bank loans, net, were $48.8 billion, up 10% year over year and up 1% from March 31, 2025. Clients' domestic cash sweep and Enhanced Savings Program balances declined to $55.6 billion, down 1% year over year and down 4% sequentially. CEO Paul Shoukry attributed the April decline to quarterly fee billings and seasonal tax payments, and said the timing of investment banking closings has been affected by macroeconomic uncertainty, although the pipeline remains strong.

May 21, 2025 8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Apr 23, 2025)

Raymond James Financial, Inc. reported fiscal second-quarter 2025 results for the period ended March 31, 2025, with net revenues of $3.40 billion, up 9% from the prior-year quarter but down 4% from the preceding quarter. Net income available to common shareholders was $493 million, or $2.36 per diluted share, compared with $2.22 in the prior-year quarter. Excluding $19 million of acquisition-related expenses, adjusted diluted EPS was $2.42. For the first six months of fiscal 2025, the company reported record net revenues of $6.94 billion (up 13%) and record pre-tax income of $1.42 billion (up 15%). CEO Paul Shoukry said investment banking closings have been affected by macroeconomic uncertainty tied to tariff negotiations, although the pipeline remains robust. Segment performance was mixed. Private Client Group net revenues rose 6% year over year to $2.49 billion, while pre-tax income fell 3% to $431 million. Capital Markets net revenues increased 23% to $396 million, driven by investment banking and fixed income brokerage, and Asset Management net revenues grew 15% to $289 million. The Bank segment's pre-tax income rose 56% to $117 million, with net interest margin at 2.67% and record net loans of $48.3 billion. Client cash sweep and ESP balances declined 1% year over year to $57.8 billion. The effective tax rate was 26.2%, which the filing attributes partly to nondeductible losses on company-owned life insurance. Capital and shareholder returns remained strong. The company repurchased $250 million of common stock in the quarter at an average price of $146 per share and an additional $190 million in April 2025 at an average of $125 per share, leaving approximately $1.01 billion under the authorization as of April 21, 2025. The total capital ratio was 24.8% and the tier 1 leverage ratio was 13.3%, both described as well above regulatory requirements. The filing furnishes the press release (Exhibit 99.1), a financial supplement (Exhibit 99.2), and an earnings presentation (Exhibit 99.3).

Apr 23, 2025 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Mar 19, 2025)

Raymond James Financial, Inc. (NYSE: RJF) filed a Current Report on Form 8-K on March 19, 2025, furnishing under Item 7.01 (Regulation FD Disclosure) a press release reporting selected operating data for February 2025. The company states that the data is provided to give investors timely information on monthly developments in key metrics, and that, given its limited nature, a consistent correlation to earnings should not be assumed. According to the press release, client assets under administration were $1,579.2 billion at February 28, 2025, up 12% from the prior-year period but down 1% from January 31, 2025. CEO Paul Shoukry attributed the sequential decline primarily to lower equity markets in February, partially offset by modest net inflows. Clients' domestic cash sweep and Enhanced Savings Program balances were $56.6 billion, down 3% year-over-year and 1% sequentially. Other operating metrics showed year-over-year growth: Private Client Group assets under administration of $1,517.9 billion (up 12%), Private Client Group assets in fee-based accounts of $896.7 billion (up 16%), financial assets under management of $251.1 billion (up 14%), and bank loans, net of $47.6 billion (up 8%). Shoukry also said the investment banking pipeline remains strong, although macroeconomic uncertainty led to lower closings in the first two months of the quarter compared with the preceding quarter.

Mar 19, 2025 8-K

Leadership ChangesShareholder MattersRegulation FD+1

Raymond James Financial 8-K Report, Executive Changes (Feb 26, 2025)

Raymond James Financial, Inc. (NYSE: RJF) reported a leadership transition effective at the close of its Annual Shareholders Meeting on February 20, 2025. Paul C. Reilly stepped down as Chief Executive Officer and became Executive Chair of the Board, and Paul M. Shoukry assumed the CEO role, as previously disclosed under the company's leadership succession plan. Jeffrey N. Edwards continues as Lead Independent Director. The Board approved a reduction in Mr. Reilly's 2025 annual base salary from $750,000 to $500,000, effective March 1, 2025. Shareholders at the meeting elected all twelve Board nominees by a majority of votes cast. They also approved, on an advisory basis, the compensation of the named executive officers, with 89.39% of votes cast in favor, and ratified KPMG LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2025, with 96.60% of votes cast in favor. On February 21, 2025, the Board declared a quarterly common stock dividend of $0.50 per share, payable April 15, 2025 to shareholders of record on April 1, 2025. The Board also declared a quarterly dividend of $0.3984375 per depositary share of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB), with a record date of March 14, 2025. The dividend announcements are furnished under Item 7.01 and not deemed filed.

Feb 26, 2025 8-K/A

Leadership ChangesExhibits & Filings

Raymond James Financial 8-K/A Report, Executive Changes (Feb 24, 2025)

Raymond James Financial, Inc. (RJF) filed this Form 8-K/A on February 24, 2025 to amend its original December 9, 2024 8-K, which reported the appointment of President and director Paul M. Shoukry as Chief Executive Officer effective at the close of the Annual Shareholders Meeting on February 20, 2025. The amendment supplies Item 5.02 compensation details that had not been determined when the original filing was made. No other changes were made to the original 8-K. On February 20, 2025, the Compensation and Talent Committee approved new compensation for Mr. Shoukry. His 2025 annual base salary increases from $500,000 to $750,000, effective March 1, 2025. He also received Restricted Stock Units (RSUs) with an aggregate value of $5 million, granted effective February 20, 2025. This award is split evenly between $2.5 million of time-vesting RSUs, which vest 60% on the third anniversary and 20% each on the fourth and fifth anniversaries, and $2.5 million of performance-vesting RSUs (PRSUs). The PRSUs cliff-vest on the third anniversary of the grant date, if at all. The payout is tied to a three-year average after-tax Adjusted ROE over fiscal years 2026, 2027 and 2028, ranging from 0% (below 10%) to 150% (20% or higher) of target. The initial result is then adjusted by between a 20% decrease and a 20% increase based on relative total shareholder return (rTSR) percentile against a defined peer group. Further details are in the company's 2025 Proxy Statement, filed January 8, 2025, at pages 47-48.

Feb 24, 2025 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Feb 19, 2025)

Raymond James Financial, Inc. (NYSE: RJF) filed a Current Report on Form 8-K on February 19, 2025, furnishing under Item 7.01 (Regulation FD Disclosure) a press release reporting its selected operating data for January 2025. The company states that this monthly data is provided to give investors timely information on key performance metrics, and that a consistent correlation to earnings should not be assumed given its limited nature. Client assets under administration reached $1,590.0 billion as of January 31, 2025, up 15% year-over-year from $1,376.9 billion and up 2% from $1,557.5 billion at December 31, 2024. Private Client Group assets under administration were $1,524.7 billion, and Private Client Group assets in fee-based accounts were $898.4 billion. Financial assets under management rose to $250.9 billion, up 17% year-over-year and 3% from December 31, 2024. CEO Paul Reilly attributed the asset growth primarily to higher equity markets and modest net inflows in January. Bank loans, net, were $47.5 billion, up 8% year-over-year and 1% from December 31, 2024, reflecting continued growth in securities-based loans. Clients' domestic cash sweep and Enhanced Savings Program balances were $57.3 billion, flat year-over-year and down 4% from the preceding month, which management attributed to quarterly fee billings and client reinvestment activity. Management also described its investment banking pipeline as healthy, while noting that the timing of closings is difficult to predict.

Feb 19, 2025 8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Jan 29, 2025)

Raymond James Financial, Inc. (NYSE: RJF) reported record fiscal first-quarter 2025 net revenues of $3.54 billion for the quarter ended December 31, 2024, up 17% from the prior year's fiscal first quarter and 2% from the preceding quarter. Net income available to common shareholders was $599 million, or $2.86 per diluted share, up 21% year over year. Excluding $20 million of acquisition-related expenses, adjusted net income available to common shareholders was $614 million, or $2.93 per diluted share. Growth was driven primarily by higher asset management and related administrative fees and investment banking revenues, with Capital Markets net revenues up 42% year over year and Asset Management net revenues at a record $294 million. Client metrics were strong. Client assets under administration reached $1.56 trillion, and Private Client Group assets in fee-based accounts hit a record $876.6 billion. Domestic Private Client Group net new assets were $14.0 billion, an annualized growth rate of 4.0%. Total clients' domestic cash sweep and Enhanced Savings Program balances were $59.7 billion. The Bank segment's net interest margin was 2.60%, and criticized loans fell to 1.26% of total loans held for investment from 1.47% in the preceding quarter, with a nominal bank loan provision for credit losses. Capital return was also highlighted. The Board increased the quarterly cash dividend on common shares 11% to $0.50 per share and authorized up to $1.5 billion in common stock repurchases, replacing the prior authorization. During the quarter the firm repurchased 310 thousand shares for $50 million, and approximately $1.45 billion remained available as of January 24, 2025. The total capital ratio was 25.0% and the tier 1 leverage ratio was 13.0%, both described as well above regulatory requirements.

Jan 29, 2025 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Dec 18, 2024)

Raymond James Financial, Inc. (NYSE: RJF) furnished this Current Report under Item 7.01 (Regulation FD Disclosure), attaching a December 18, 2024 press release that reports selected operating data for November 2024. The company states that the data is provided for timely investor information on monthly developments in key performance metrics, and that a consistent correlation to earnings should not be assumed. The information is furnished, not filed, for purposes of Section 18 of the Exchange Act. According to the press release, client assets under administration reached a record $1,599.7 billion at November 30, 2024, up 21% year-over-year and 4% from October 31, 2024, driven by higher equity markets and modest net inflows in November. Management noted that net inflows for the first two months of the quarter were negatively affected mainly by the departure of one large independent branch. Clients' domestic cash sweep and Enhanced Savings Program balances were $57.9 billion, up 2% year-over-year and flat from the prior month. Bank loans, net, were $46.6 billion, up 6% year-over-year and 1% over October. Other operating metrics showed continued growth: Private Client Group assets under administration of $1,531.3 billion (up 22% year-over-year), Private Client Group fee-based account assets of $896.1 billion (up 25%), and financial assets under management of $251.7 billion (up 20%). The CEO also described investment banking pipeline and activity levels as healthy.

Dec 18, 2024 8-K

Leadership ChangesExhibits & Filings

Raymond James Financial 8-K Report, Executive Changes (Dec 9, 2024)

Raymond James Financial, Inc. (NYSE: RJF) disclosed in this Form 8-K, filed December 9, 2024, that Chair and CEO Paul C. Reilly will step down as CEO effective at the close of the Annual Shareholders Meeting to be held on February 20, 2025, and will transition to an Executive Chair role for a period to be determined by the Board. The Board unanimously appointed President and director Paul M. Shoukry (41) to succeed him as CEO, effective upon Mr. Reilly's transition. Jeffrey N. Edwards will continue as Lead Independent Director. The change follows the previously disclosed leadership succession plan. Mr. Shoukry has been working closely with each business unit head as President. He served as Chief Financial Officer until September 30, 2024, a role he held since January 2020, and he oversees the firm's Bank segment. Earlier roles included treasurer from February 2018 and senior vice president of finance and investor relations from January 2017. The filing states that the Compensation and Talent Committee will approve compensation arrangements for Mr. Reilly and Mr. Shoukry at a later date, so no compensation terms are disclosed here. The filing also discloses a family relationship: Christopher Shoukry, brother of Paul M. Shoukry, serves as a Director with Alex. Brown, a division of Raymond James & Associates, Inc., and received cash compensation of $767,310 plus LTIP contributions of $23,016 from October 1, 2023 to the present. The press release attached as Exhibit 99.1, dated December 4, 2024, describes the firm as having approximately 8,800 financial advisors and total client assets of $1.54 trillion.

Dec 9, 2024 8-K

Regulation FDOther EventsExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Dec 6, 2024)

Raymond James Financial, Inc. (NYSE: RJF) reported in this Form 8-K, furnished under Items 7.01 and 8.01 and attaching a press release dated December 3, 2024, that its Board declared a quarterly cash dividend of $0.50 per common share. The dividend is payable January 16, 2025 to shareholders of record on January 2, 2025. The press release states this is an 11.1% increase over the previous $0.45 per-share dividend paid on October 15, 2024. The Board also declared a quarterly dividend of $0.3984375 per depositary share of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB), payable January 2, 2025 to holders of record on December 16, 2024. The most significant capital action is a new share repurchase authorization of up to $1.5 billion of common stock. It replaces the prior authorization announced November 30, 2023, under which approximately $644 million remained available as of December 3, 2024. The authorization has no fixed expiration date and does not obligate the company to repurchase any specific amount. The press release notes that repurchases will be subject to regulatory constraints in connection with previously announced acquisitions.

Dec 6, 2024 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Nov 20, 2024)

Raymond James Financial, Inc. (NYSE: RJF) furnished this Form 8-K under Item 7.01 (Regulation FD Disclosure) on November 20, 2024, attaching a press release that reports selected operating data for October 2024. The company states that the data is provided for timely monthly insight and that a consistent correlation to earnings should not be assumed. Client assets under administration were $1,543.9 billion at October 31, 2024, up 25% year-over-year from $1,239.2 billion but down 2% from $1,571.1 billion at September 30, 2024. Chair and CEO Paul Reilly attributed the monthly decline primarily to lower equity markets in October and to the previously announced departure of predominantly one large independent branch, which the company said was offset in part by strong recruiting and retention. Domestic cash sweep and Enhanced Savings Program balances were essentially flat month over month at $57.9 billion, up 2% year-over-year. Other metrics were mixed. Financial assets under management were $241.1 billion, up 23% year-over-year and down 2% from September. Private Client Group fee-based account assets were $862.8 billion, up 29% year-over-year and down 1% from September. Bank loans, net, were $46.2 billion, up 5% year-over-year and flat from September. Management described its investment banking pipeline and activity levels as healthy.

Nov 20, 2024 8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Oct 23, 2024)

Raymond James Financial, Inc. (NYSE: RJF) reported record fiscal fourth-quarter and fiscal 2024 results for the period ended September 30, 2024. Quarterly net revenues were $3.46 billion, up 13% year over year, and net income available to common shareholders was $601 million, or $2.86 per diluted share. Adjusted net income available to common shareholders was $621 million, or $2.95 per diluted share, excluding $25 million of acquisition-related expenses. For fiscal 2024, net revenues were a record $12.82 billion, up 10%, and net income available to common shareholders was a record $2.06 billion, up 19%. Return on common equity was 18.9% for the year. Growth was led by the Private Client Group and Capital Markets. Private Client Group client assets under administration reached $1.51 trillion, and fee-based account assets reached $875.2 billion, up 28% year over year. Domestic Private Client Group net new assets were $13.0 billion for the quarter and $60.7 billion for fiscal 2024. Capital Markets quarterly net revenues rose 42% to $483 million, driven by investment banking revenues of $306 million. Bank segment net interest margin was 2.62% for the quarter, down 25 basis points year over year, and criticized loans rose to 1.47% of loans held for investment from 1.15% in the prior quarter. The company repurchased 2.6 million shares for $300 million in the fourth quarter and returned approximately $1.3 billion to shareholders in fiscal 2024 through buybacks and dividends. About $645 million remained under the Board's repurchase authorization at quarter end. The total capital ratio was 24.1% and the tier 1 leverage ratio was 12.8%, both described as well above regulatory requirements. The filing furnishes the earnings press release, a financial supplement, and an earnings presentation as exhibits.

Oct 23, 2024 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Sep 25, 2024)

Raymond James Financial, Inc. (NYSE: RJF) furnished an 8-K on September 25, 2024 under Item 7.01 (Regulation FD Disclosure), attaching a press release that reports its selected operating data for August 2024. The company states that this data is provided to give investors timely information on monthly developments in key metrics, and that a consistent correlation to earnings should not be assumed given the limited nature of the data. According to the release, client assets under administration grew 19% year-over-year and 2% over July to a record $1.54 trillion ($1,535.3 billion). CEO Paul Reilly attributed this to strong advisor retention and recruiting results combined with equity market appreciation. Clients' domestic cash sweep and Enhanced Savings Program balances rose 1% over the preceding month, with cash sweep balances at $42.2 billion and ESP balances at $14.1 billion. Financial assets under management reached $240.9 billion, up 19% year-over-year, and bank loans, net, were $45.8 billion, up 6% year-over-year. Reilly also said the investment banking pipeline remains healthy, although the timing of closings is uncertain. The information is furnished rather than filed for purposes of Section 18 of the Exchange Act.

Sep 25, 2024 8-K

Leadership Changes

Raymond James Financial 8-K Report, Executive Changes (Sep 4, 2024)

Raymond James Financial, Inc. filed this Form 8-K on September 4, 2024 under Item 5.02, reporting the appointment of Ms. Katherine H. Larson as the Company's Chief Accounting Officer. The appointment was made on August 30, 2024, and becomes effective October 1, 2024. The filing describes this as a leadership change in the finance function rather than a financial result, so it contains no reported revenue, earnings, or guidance. Ms. Larson, 44, joined the Company in 2016 in the Financial Reporting group and became Controller in 2023. Her responsibilities have included financial reporting oversight for the private client group and capital markets business units, as well as SEC reporting and Accounting Policy functions. She is a member of several internal committees, including the Operating Committee, Disclosure Committee, and Accounting Policy Committee. Before joining the Company, she was a Vice President in the Finance division at Goldman Sachs, and she began her career at Ernst & Young. She holds bachelor's and master's degrees in accounting from the University of Alabama and is a Certified Public Accountant. The filing also discloses a related-person relationship: Ms. Larson's spouse, Nathan Larson, is employed by the Company as a Vice President in the Compliance Department. The filing states that he earned approximately $408,550 in base salary and bonus from October 1, 2022 through the date of the report, a 23-month period, and that his compensation was set under the Company's standard employment practices.

Sep 4, 2024 8-K

Corporate ChangesRegulation FDExhibits & Filings

Raymond James Financial 8-K Report, Bylaw Amendment (Aug 23, 2024)

Raymond James Financial, Inc. (NYSE: RJF) filed this Current Report on Form 8-K dated August 23, 2024, covering three items. Under Item 5.03, the Board of Directors on August 21, 2024 approved an amended and restated By-laws, which were last amended on August 21, 2023. The principal change deletes the defined term for a person deemed to be "Acting in Concert" with another person, and conforming revisions were made to the definitions of "Proposing Person," "Nominating Person," "Requesting Person," and "Soliciting Person." The amended By-laws are attached as Exhibit 3.1. Under Item 7.01, the company disclosed quarterly dividends declared by its Board on August 21, 2024. The common stock dividend is $0.45 per share, payable October 15, 2024 to shareholders of record on October 1, 2024. The Series B Non-Cumulative Perpetual Preferred Stock (6.375% Fixed-to-Floating Rate, NYSE: RJF PrB) dividend is $0.3984375 per depositary share, payable October 1, 2024 to shareholders of record on September 13, 2024. These details were announced in a press release dated August 22, 2024, attached as Exhibit 99.1. The information under Item 7.01 is furnished rather than filed for purposes of Section 18 of the Exchange Act. The press release describes the company as a diversified financial services firm with approximately 8,800 financial advisors and total client assets of $1.50 trillion. For investors, the filing is primarily a routine dividend declaration and a technical governance update to the By-laws.

Aug 23, 2024 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Aug 21, 2024)

Raymond James Financial, Inc. (NYSE: RJF) filed this Current Report on Form 8-K under Item 7.01 (Regulation FD Disclosure) to furnish a press release, dated August 21, 2024, reporting selected operating data for July 2024. The company states that the data is provided to give investors timely information on monthly developments in key performance metrics, and that, given its limited nature, a consistent correlation to earnings should not be assumed. The information is furnished rather than filed for purposes of Section 18 of the Securities Exchange Act of 1934. According to the press release, client assets under administration reached a record $1,504.6 billion as of July 31, 2024, up from $1,313.5 billion a year earlier and $1,476.2 billion at June 30, 2024. CEO Paul Reilly attributed the record to strong advisor retention and recruiting results as well as equity market appreciation. Private Client Group assets under administration were $1,444.0 billion, and fee-based account assets were $839.4 billion. Financial assets under management were $234.9 billion, compared with $204.6 billion a year earlier. Other metrics were mixed. Bank loans, net, were $45.6 billion, and clients' domestic cash sweep and Enhanced Savings Program balances were $56.0 billion, down from $57.6 billion a year earlier and $56.4 billion in June 2024. Management noted that clients' cash balances declined slightly from the prior month as cash inflows partially offset quarterly fee billings, and that investment banking results improved in July with a healthy pipeline, though the timing of closings remains uncertain.

Aug 21, 2024 8-K

Earnings & ResultsExhibits & Filings

Raymond James Financial 8-K Report, Financial Results (Jul 24, 2024)

Raymond James Financial, Inc. reported record fiscal third-quarter 2024 results for the quarter ended June 30, 2024. Net revenues were $3.23 billion, up 11% from the prior year's fiscal third quarter and up 4% from the preceding quarter. Net income available to common shareholders was $491 million, or $2.31 per diluted share, compared with $369 million ($1.71 per diluted share) a year earlier. Excluding $23 million of acquisition-related expenses, adjusted net income available to common shareholders was $508 million, or $2.39 per diluted share. Growth was driven primarily by asset management and related administrative fees, which rose to $1.61 billion, and a bank loan benefit for credit losses compared with a provision in the prior-year periods. Client metrics were at record levels. Client assets under administration reached $1.48 trillion, up 15% year over year, and Private Client Group assets in fee-based accounts reached $820.6 billion, up 18%. Domestic Private Client Group net new assets were $16.5 billion for the quarter, an annualized growth rate of 5.2%. Total clients' domestic cash sweep and Enhanced Savings Program balances declined 3% to $56.4 billion. For the first nine months of fiscal 2024, record net revenues were $9.36 billion, up 9%, and diluted earnings per share were $6.85, up 15%. The company repurchased approximately 2 million shares for $243 million in the quarter and had approximately $945 million remaining under its repurchase authorization. At quarter end, the total capital ratio was 23.6% and the tier 1 leverage ratio was 12.7%. The Bank segment's net interest margin was 2.64%, down 62 basis points from the prior year, while Bank pre-tax income rose 74% to $115 million. The filing furnishes the earnings press release, a financial supplement and an earnings presentation as exhibits.

Jul 24, 2024 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (Jun 18, 2024)

Raymond James Financial, Inc. (NYSE: RJF) filed a Form 8-K on June 18, 2024 under Item 7.01 (Regulation FD Disclosure) to furnish its selected operating data for May 2024, as set out in Exhibit 99.1, a press release issued the same day. The company states that, given the limited nature of this data, a consistent correlation to earnings should not be assumed. The key metrics show growth year over year. Client assets under administration reached $1,451.4 billion at May 31, 2024, up 18% from $1,230.7 billion a year earlier and up 3% from $1,409.5 billion at April 30, 2024. Private Client Group assets in fee-based accounts were $804.8 billion, up 21% year over year and 4% month over month. Financial assets under management were $226.0 billion, up 17% year over year and 3% month over month. Balance sheet and cash metrics were steadier. Bank loans, net, were $44.4 billion, up 2% year over year and flat month over month. Clients' domestic cash sweep and Enhanced Savings Program balances were $56.2 billion, down 2% year over year and flat month over month. CEO Paul Reilly attributed the asset growth to advisor retention and recruiting across the company's multiple affiliation options, combined with market appreciation, and said the investment banking pipeline is healthy though the timing of closings remains difficult to predict.

Jun 18, 2024 8-K

Leadership ChangesRegulation FDExhibits & Filings

Raymond James Financial 8-K Report, Executive Changes (May 24, 2024)

Raymond James Financial, Inc. (NYSE: RJF) disclosed in this Form 8-K filed May 24, 2024 that its Board of Directors appointed Senior Vice President and Chief Accounting Officer Jonathan W. ("Butch") Oorlog, Jr. as Chief Financial Officer, effective October 1, 2024. He succeeds President Paul M. Shoukry in the CFO role as part of a planned transition in which Shoukry is expected to be appointed Chief Executive Officer. Oorlog has served as Chief Accounting Officer since January 2023 and as Controller since September 2020, and will continue as principal accounting officer. He joined the company in 2004 and has held roles across financial reporting, asset management and capital markets accounting. On May 20, 2024, the Board appointed Cecily Mistarz, a former Executive Vice President and U.S. Chief Risk Officer of BMO Financial Group, as an independent director, effective immediately, and named her to the Audit and Risk Committees. On May 21, 2024, the Board also appointed Paul M. Shoukry as a director, and the Board size was increased from eleven to thirteen directors. Mistarz received a restricted stock unit award with a prorated value of $150,000 that vests at the first anniversary of the grant date. The filing also discloses that Shoukry's brother, Christopher Shoukry, serves as a director with Alex. Brown, a division of Raymond James & Associates, Inc., and received cash compensation of $765,634.52 and LTIP contributions of $41,900 from October 1, 2022 to the present. The filing also furnishes (under Item 7.01, not deemed filed) a May 20, 2024 press release declaring a quarterly common stock dividend of $0.45 per share, payable July 15, 2024 to holders of record on July 1, 2024, and a quarterly dividend of $0.3984375 per depositary share of the 6.375% Series B Non-Cumulative Perpetual Preferred Stock, payable July 1, 2024 to holders of record on June 14, 2024.

May 24, 2024 8-K

Other Events

Raymond James Financial 8-K Report, Corporate Update (May 23, 2024)

Raymond James Financial, Inc. filed this Form 8-K on May 23, 2024 under Item 8.01 (Other Events) to announce the passing of board member Bob Dutkowsky. The filing states that he had served on the Board of Directors since 2018 and describes him as an integral part of the Raymond James family, with the company extending its sympathies to his family. The filing contains no financial results, guidance, transactions, or other operating or financial information. It is a non-financial notice regarding a board change due to death, and it does not announce any change in governance beyond the loss of a director. For investors, the filing is informational only and carries no direct financial implications based on its contents.

May 23, 2024 8-K

Regulation FDExhibits & Filings

Raymond James Financial 8-K Report, Regulation FD Disclosure (May 23, 2024)

Raymond James Financial, Inc. (RJF) filed this Form 8-K under Item 7.01 (Regulation FD Disclosure) to furnish slides for its annual Analyst & Investor Day, held Thursday, May 23, 2024, beginning at 9 a.m. ET, with presentations and Q&A expected to conclude at approximately 12 p.m. ET. The filing states the information is "furnished" rather than "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. The substance of the event is contained in Exhibit 99.1, the 2024 Analyst & Investor Day presentation. The presentation provides a detailed operational and financial update. As of March 31, 2024, the firm reported $1.45 trillion in client assets under administration, approximately 8,800 advisors in the U.S., Canada, and the U.K., and 145 consecutive quarters of profitability. FY 2023 net revenues were $11.6 billion, with the Private Client Group contributing 68%, Capital Markets 9%, Asset Management 7%, and the Bank Segment 16% of net revenues as shown in the presentation. Key capital metrics included a 12.3% Tier 1 leverage ratio, a 23.3% total capital ratio, book value per share of $52.60, and tangible book value per share of $44.11. Management stated a quarterly common stock dividend of $0.45 per share, a 7.1% increase over the prior year, and $1.2 billion remaining under the stock repurchase authorization as of March 31, 2024. Management set forth financial targets for the Adjusted Pre-Tax Margin (over 20%), Adjusted Compensation Ratio (under 65%), and Adjusted Return on Common Equity (17%+), along with a stated long-term goal of exceeding $2 trillion in Private Client Group assets under administration by 2030. The presentation also discussed the Bank Segment's $44.1 billion in loans outstanding, a 2.66% net interest margin for the second fiscal quarter of 2024, and the SumRidge Partners electronic market maker acquired in 2022.

May 23, 2024

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