Earnings ·
Raymond James Financial reported record results for the fiscal third quarter ended June 30, 2026, with net revenues of…
RJFRaymond James Financial Inc
Raymond James Financial reported record results for the fiscal third quarter ended June 30, 2026, with net revenues of $3.93 billion, up 16% year-over-year. Net income available to common shareholders reached $595 million, or $3.01 per diluted share, a 42% increase over the prior year's third quarter. The company reported record client assets under administration of $1.92 trillion and record net bank loans of $56.2 billion. During the quarter, the firm repurchased $400 million of common stock at an average price of $152 per share, leaving $1.1 billion available under its current authorization. The company also completed the acquisition of Clark Capital Management Group, Inc. on April 30, 2026. Raymond James Financial is a diversified financial services company providing private client group, capital markets, asset management, and banking services.