Raymond James Reports Record Q2 Revenues and Adjusted EPS, Announces $400M Share Buyback
RJF sits 17% above its 52-week low of $131.85.
Summary
Raymond James Financial reported record fiscal second-quarter revenues and adjusted diluted EPS, alongside a significant $400 million share repurchase, demonstrating strong operational performance and capital return.
Key Events · Earnings and Guidance · RJF
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Record Quarterly Financial Performance
Reported record quarterly net revenues of $3.86 billion, representing a 13% increase over the prior year's fiscal second quarter.
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Strong Profitability Exceeds Expectations
Achieved adjusted diluted EPS of $2.83, up 17% year-over-year, surpassing analyst expectations for the fiscal second quarter.
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Significant Share Repurchase Program
Repurchased $400 million of common stock during the quarter at an average price of $155 per share, with $1.5 billion remaining under the current authorization.
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Growth in Client Assets Under Administration
Client assets under administration reached $1.76 trillion, marking a 15% increase compared to March 2025.
Analysis · RJF · Finance
The company delivered robust fiscal second-quarter results, marked by record net revenues and adjusted diluted earnings per share that exceeded analyst expectations. The substantial share repurchase program underscores management's confidence and commitment to returning capital to shareholders. Continued growth in client assets and fee-based accounts highlights the strength of its core Private Client Group segment. These strong operational and financial metrics position the company favorably.
At the time of this filing, RJF was trading at $154.00 on NYSE in the Finance sector, with a market capitalization of approximately $30.5B. The 52-week trading range was $131.85 to $177.66. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.