RAYMOND JAMES FINANCIAL (RJF) Company Report

The Board declared a $0.54 quarterly cash dividend on common stock, an 8% increase over the prior $0.50 dividend, payable January 16, 2026 to shareholders of record on January 2, 2026.
A quarterly dividend of $0.3984375 per depositary share on the 6.375% Series B Non-Cumulative Perpetual Preferred Stock was declared, payable January 1, 2026 to holders of record on December 15, 2025.
Authorized a new $2 billion common stock repurchase program—replacing the prior $1.5 billion plan under which about $105 million remained as of December 2, 2025.

18 hours ago

8-K

Raymond James Financial raises common dividend and expands buyback authorization

RJF

Dividends

Share Buyback

Declares a quarterly $0.54 common stock dividend, an 8% increase over the prior $0.50, payable January 16, 2026, to shareholders of record January 2, 2026.
Authorizes up to $2 billion in share repurchases, replacing the previous $1.5 billion plan with $105 million remaining as of December 2, 2025.
Declares a quarterly $0.3984375 dividend per Series B depositary share, payable January 1, 2026, and will redeem all Series B preferred shares on January 2, 2026.

1 day ago

Press Release

Raymond James redeems all Series B preferred shares

RJF

On January 2, 2026, Raymond James Financial will redeem all 80,500 outstanding shares of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock and related depositary shares.
Redemption prices are $1,000 per preferred share and $25 per depositary share, excluding any declared and unpaid dividends.
After the redemption, no Series B Preferred Stock or depositary shares will remain outstanding.

3 days ago

8-K

Raymond James Financial reports October 2025 operating data

RJF

Client assets under administration reached $1.751 trillion, up 13% year-over-year and 1% month-over-month.
Private Client Group assets under administration were $1.687 trillion, up 14% YoY and 1% sequentially; fee-based accounts totaled $1.023 trillion, up 19% YoY and 2% sequentially.
Financial assets under management rose to $276.7 billion, up 15% YoY and 1% sequentially.
Bank loans, net totaled $51.8 billion, a 12% increase from October 2024.
Clients’ domestic cash sweep and Enhanced Savings Program balances were $55.5 billion, down 4% YoY and 2% sequentially.

Nov 19, 2025, 9:21 PM

8-K

Raymond James outlines AI investment, recruiting and M&A strategy at Wolfe Wealth Symposium 2026

RJF

New Projects/Investments

M&A

Raymond James invests $1 billion annually in technology, emphasizing AI to boost efficiencies across back-, middle- and front-office operations, and has appointed a Chief AI Officer to lead its AI strategy.
The firm is expanding its product lineup—particularly alternative investments—while avoiding firm-wide allocation targets to preserve client liquidity.
In fiscal 2025, Raymond James recruited advisors with $421 million of prior-firm production (up 21% year-over-year) and achieved 98% advisor satisfaction, the highest level since 2014.
Its advisor choice model allows teams to transition between employee and independent channels on a single platform, appealing to wirehouse teams seeking long-term independence.
With $2.5 billion of excess capital above target levels, the firm is pursuing patient, culture-aligned M&A opportunities and retains leadership teams of acquired firms.

Nov 13, 2025, 1:45 PM

Transcript

Raymond James outlines strategic priorities and growth outlook at Wolfe Wealth Symposium

RJF

Guidance Update

M&A

New Projects/Investments

CEO Paul Shoukry emphasized becoming the best partner for advisors and clients, allocating $1 billion annually to technology and appointing a Chief AI Officer to boost efficiency and deliver client-driven insights.
The firm achieved record advisor recruitment—$421 million of prior-firm production, up 21% YoY—while maintaining strong retention and 98% advisor satisfaction, highest since 2014.
Client sentiment remains robust with 97% satisfaction, and Raymond James projects 2% U.S. GDP growth in 2026 amid near-record equity markets.
Management aims to stabilize or grow net interest income despite anticipated rate cuts; securities-based lending balances rose 21% YoY in FY2025, supported by robust lending and mortgage pipelines.
Raymond James holds $2.5 billion of excess capital above internal targets and is pursuing disciplined M&A focused on long-term cultural and strategic fit.

Nov 13, 2025, 1:45 PM

Transcript

Raymond James outlines growth and investment priorities at Wolfe Wealth Symposium

RJF

Guidance Update

New Projects/Investments

M&A

Raymond James invests $1 billion annually in technology, with AI driving efficiencies in both back-office operations and advisor-facing services; a Chief AI Officer and head of AI strategy have been appointed to spearhead these efforts.
The firm set a recruiting record, adding advisors with $421 million of prior-firm production (up 21% YoY), and reports 98% advisor satisfaction, the highest since 2014, underpinning strong retention and growth pipelines.
Management expects to grow net interest income over time by expanding securities-based lending—which rose 21% YoY—and leveraging its strong balance sheet despite potential rate cuts.
Capital markets activity is robust, with 60–65% of M&A driven by financial sponsors, and the firm reaffirmed its target of >20% pretax margin for fiscal 2026 amid improving deal flow.
Raymond James holds $2.5 billion of excess capital above target levels and is pursuing transformative M&A with culturally and strategically aligned firms for long-term integration.

Nov 13, 2025, 1:45 PM

Transcript

Raymond James outlines strategy at Wolfe Wealth Symposium

RJF

New Projects/Investments

Revenue Acceleration/Inflection

M&A

CEO Paul Reilly emphasized investing $1 billion annually in technology, with a new Chief AI Officer to drive AI-powered efficiencies in back-office and advisor services.
Achieved record advisor recruiting in FY 2025, adding teams with $421 million of prior production (up 21% YoY) while maintaining 98% advisor satisfaction, the highest since 2014.
Forecasts 2% GDP growth in 2026 and reports 97% client satisfaction, underpinned by optimistic advisor sentiment and strong wealth-management and investment-banking pipelines.
Highlighted diversified revenue drivers, including 21% YoY growth in securities-based lending and expanded fee-based managed accounts, while targeting >20% pre-tax margins.
Maintains a conservative capital strategy with $2.5 billion of excess capital above targets to support culturally aligned acquisitions and long-term stability.

Nov 13, 2025, 1:45 PM

Transcript

Raymond James acquires majority stake in GreensLedge

RJF

M&A

New Projects/Investments

Raymond James will acquire a majority ownership stake in boutique investment bank GreensLedge Holdings LLC to deepen its capital markets and structured credit capabilities, subject to customary regulatory approvals.
GreensLedge, founded in 2008, is known for arranging CLOs, CDOs, Rated Feeders, CFOs, ABS and other debt offerings, complementing Raymond James’ fixed-income distribution and trading platform.
Sumitomo Mitsui Trust Group will retain a minority interest, maintaining its existing partnership with GreensLedge.
The transaction is expected to generate synergies across Raymond James’ broader platform, including investment banking, private client and banking businesses.

Oct 14, 2025, 1:15 PM

Press Release

Raymond James acquires GreensLedge to bolster capital markets and advisory platform

RJF

M&A

Raymond James Financial acquired a majority stake in GreensLedge Holdings, LLC, a boutique investment bank, to strengthen its capital markets and advisory capabilities.
GreensLedge provides strategic advisory and structuring in CLOs, CDOs, rated finance, CFO, ABS and debt products, earning high market recognition since 2008.
The existing Three Arrows portfolio manager group will retain a minority stake and continue collaborating with Raymond James post-closing.
The transaction, subject to regulatory approvals, was advised by Sullivan & Cromwell for Raymond James and by Houlihan Lokey and Debevoise & Plimpton for GreensLedge.

Oct 14, 2025, 1:15 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for RAYMOND JAMES FINANCIAL.

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