AI English summary of an SEC filing — figures as filed
Raymond James Financial RJFThe company said it posted net revenues of $3.86 billion for its fiscal 2026 Q2 quarter, ended March 31, 2026, up 13% from the prior-year quarter, pre-tax income of $735 million, up 10%, and diluted earnings per share of $2.72, up 15%.
Key points
AI summaryThe company said it posted net revenues of $3.86 billion for its fiscal 2026 Q2 quarter, ended March 31, 2026, up 13% from the prior-year quarter, pre-tax income of $735 million, up 10%, and diluted earnings per share of $2.72, up 15%.
Raymond James said adjusted net income available to common shareholders for the 3 months ended March 31, 2026, which excluded $22 million of acquisition-related expenses, net of tax, was $564 million, up 11% from adjusted prior-year results, and adjusted diluted earnings per share were $2.83, up 17%.
The company said compensation, commissions and benefits expense rose 15%, and its total compensation ratio was 65.8%, up from 64.8% a year earlier. The company attributed the change to its revenue mix, as revenues with higher direct compensation expense increased while interest-related revenues, which have little associated direct compensation, were relatively flat.
As of March 31, 2026, Raymond James said total assets were $91.94 billion, up $3.7 billion (4%) from September 30, 2025. It said bank loans, net, increased $3.3 billion. Total liabilities were $79.33 billion, and bank deposits increased $3.5 billion.
Key figures
Quarter ended March 31, 2026
- Revenue
- $4.3B
- Net income
- $544M
- EPS
- $2.72
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Fiscal 2026 Q2 Results
The company said it posted net revenues of $3.86 billion for its fiscal 2026 Q2 quarter, ended March 31, 2026, up 13% from the prior-year quarter, pre-tax income of $735 million, up 10%, and diluted earnings per share of $2.72, up 15%.
Source · Based on the MD&A text of the filing
Adjusted Earnings and Acquisition-Related Expenses
Raymond James said adjusted net income available to common shareholders for the 3 months ended March 31, 2026, which excluded $22 million of acquisition-related expenses, net of tax, was $564 million, up 11% from adjusted prior-year results, and adjusted diluted earnings per share were $2.83, up 17%.
Source · Based on the MD&A text of the filing
Compensation Expense and Total Compensation Ratio
The company said compensation, commissions and benefits expense rose 15%, and its total compensation ratio was 65.8%, up from 64.8% a year earlier. The company attributed the change to its revenue mix, as revenues with higher direct compensation expense increased while interest-related revenues, which have little associated direct compensation, were relatively flat.
Source · Based on the MD&A text of the filing
Growth in Total Assets and Bank Deposits
As of March 31, 2026, Raymond James said total assets were $91.94 billion, up $3.7 billion (4%) from September 30, 2025. It said bank loans, net, increased $3.3 billion. Total liabilities were $79.33 billion, and bank deposits increased $3.5 billion.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…