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Equiscale · Syntellia LLC
Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory; and fixed income and equity brokerage services. This segment also offers institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. The Asset Management segment provides asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Bank segment offers various types of loans, including securities-based, corporate, commercial and industrial, commercial real estate and construction, real estate investment trust, residential mortgage, and tax-exempt loans; Federal Deposit Insurance Corporation-insured deposit accounts; retail and corporate deposit; and liquidity management products and services. The Other segment engages in the private equity investments comprising investments in third-party funds. The company offers corporate, retail banking and trust services. Raymond James Financial, Inc. was founded in 1962 and is headquartered in Saint Petersburg, Florida.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $13.8B | - | $2.1B | $2.2B | 17.2% | 9.5% | 3.2% |
| 2024 | $12.6B | - | $2.1B | $1.9B | 17.8% | 10.2% | 18.9% |
| 2023 | $11.5B | - | $1.7B | $-3.7B | 17.2% | 5.7% | 15.2% |
| 2022 | $10.9B | - | $1.5B | $-19M | 16.2% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 10,851 | 11,468 | 12,639 | 13,842 |
| Operating Revenue | - | 10,851 | 11,468 | 12,639 | 13,842 |
| Selling General And Administration | - | 7,329 | 7,299 | 8,213 | 9,072 |
| Interest Income | - | 1,508 | 3,748 | 4,232 | 3,994 |
| Interest Expense | - | 305 | 1,373 | 2,102 | 1,847 |
| Net Interest Income | - | 1,203 | 2,375 | 2,130 | 2,147 |
| Pretax Income | - | 2,022 | 2,280 | 2,643 | 2,714 |
| Tax Provision | - | 513 | 541 | 575 | 579 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 1,509 | 1,739 | 2,068 | 2,135 |
| Net Income From Continuing And Discontinued Operation | - | 1,509 | 1,739 | 2,068 | 2,135 |
| Net Income From Continuing Operation Net Minority Interest | - | 1,509 | 1,739 | 2,068 | 2,135 |
| Net Income | - | 1,509 | 1,739 | 2,068 | 2,135 |
| Net Income Common Stockholders | - | 1,502 | 1,728 | 2,059 | 2,127 |
| Net Income Including Noncontrolling Interests | - | 1,509 | 1,739 | 2,068 | 2,135 |
| Normalized Income | - | 1,509 | 1,739 | 2,068 | 2,135 |
| Diluted NI Availto Com Stockholders | - | 1,502 | 1,728 | 2,059 | 2,127 |
| Basic Average Shares | - | 209.90 | 211.80 | 207.10 | 202 |
| Diluted Average Shares | - | 215.30 | 216.90 | 212.30 | 206.60 |
| Reconciled Depreciation | - | 145 | 165 | 179 | 195 |
| Total Unusual Items | -98 | 0 | 0 | - | - |
| Total Unusual Items Excluding Goodwill | -98 | 0 | 0 | - | - |
| Preferred Stock Dividends | - | 4 | 6 | 5 | 5 |
| Special Income Charges | -98 | 0 | 0 | - | - |
| Restructuring And Mergern Acquisition | 19 | - | - | - | - |
| General And Administrative Expense | - | 7,329 | 7,299 | 8,213 | 9,072 |
| Other Gand A | 540 | 692 | - | - | - |
| Salaries And Wages | - | 7,329 | 7,299 | 8,213 | 9,072 |
| Otherunder Preferred Stock Dividend | - | 3 | 5 | 4 | 3 |
| Occupancy And Equipment | - | 252 | 271 | 296 | 308 |
| Professional Expense And Contract Services Expense | - | 131 | 145 | 150 | 163 |
| Other Non Interest Expense | - | 1,017 | 1,341 | 1,292 | 1,548 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Raymond James Financial, Inc.this co. | RJF | $29.3B | 13.74 | 2.36 | 17.2% | - |
| Huntington Bancshares Incorporated | HBAN | $33.5B | 15.16 | 1.55 | 10.2% | - |
| M&T Bank Corporation | MTB | $32.5B | 11.39 | 1.23 | 10.8% | - |
| Northern Trust Corporation | NTRS | $32.0B | 18.44 | 2.65 | 14.4% | - |
| Arch Capital Group Ltd. | ACGL |
| - |
| - |
| - |
| - |
| - |
| - |
| $30.9B |
| 7.02 |
| 1.32 |
| 18.8% |
| - |
| Cboe Global Markets, Inc. | CBOE | $29.9B | 27.21 | 5.83 | 21.4% | 16.83 |
| Citizens Financial Group, Inc. | CFG | $27.0B | 14.76 | 1.12 | 7.6% | - |
| Cincinnati Financial Corporation | CINF | $24.9B | 10.39 | 1.56 | 15.0% | - |
| W. R. Berkley Corporation | WRB | $24.7B | 13.87 | 2.54 | 18.3% | - |
| Peer Median | - | 14.32 | 1.56 | 14.7% | 16.83 | |
Historically, Oct has averaged the highest return (+6.9%); Mar the lowest (-4.5%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.3%Positive MonthJan 2026: +3.28% | -7.7%Negative MonthFeb 2026: -7.71% | -5.4%Negative MonthMar 2026: -5.42% | +9.3%Positive MonthApr 2026: +9.34% | -9.4%Negative MonthMay 2026: -9.42% | +6.0%Positive MonthJun 2026: +6.01% | +15.8%Positive MonthJul 2026: +15.75% | +1.1%*Neutral MonthAug 2026: +1.11% | — | — | — | — |
| 2025 | +8.5%Positive MonthJan 2025: +8.47% | -8.2%Negative MonthFeb 2025: -8.20% | -10.2%Negative MonthMar 2025: -10.19% | -1.3%Neutral MonthApr 2025: -1.35% | +7.3%Positive MonthMay 2025: +7.25% | +4.3%Positive MonthJun 2025: +4.35% | +9.0%Positive MonthJul 2025: +8.97% | +1.4%Neutral MonthAug 2025: +1.38% | +1.9%Neutral MonthSep 2025: +1.86% | -8.1%Negative MonthOct 2025: -8.07% | -1.3%Neutral MonthNov 2025: -1.34% | +2.6%Positive MonthDec 2025: +2.59% |
| 2024 | -1.2%Neutral MonthJan 2024: -1.18% | +9.2%Positive MonthFeb 2024: +9.20% | +6.7%Positive MonthMar 2024: +6.73% | -5.0%Negative MonthApr 2024: -5.00% | +0.6%Neutral MonthMay 2024: +0.61% | +0.7%Neutral MonthJun 2024: +0.70% | -6.2%Negative MonthJul 2024: -6.16% | +3.1%Positive MonthAug 2024: +3.08% | +2.4%Positive MonthSep 2024: +2.42% | +21.0%Positive MonthOct 2024: +21.04% | +14.2%Positive MonthNov 2024: +14.21% | -8.2%Negative MonthDec 2024: -8.24% |
| 2023 | +5.5%Positive MonthJan 2023: +5.54% | -3.8%Negative MonthFeb 2023: -3.82% | -14.0%Negative MonthMar 2023: -14.01% | -2.9%Negative MonthApr 2023: -2.94% | -0.2%Neutral MonthMay 2023: -0.20% | +14.9%Positive MonthJun 2023: +14.85% | +6.1%Positive MonthJul 2023: +6.07% | -5.0%Negative MonthAug 2023: -4.98% | -4.0%Negative MonthSep 2023: -3.98% | -5.0%Negative MonthOct 2023: -4.97% | +10.2%Positive MonthNov 2023: +10.17% | +6.0%Positive MonthDec 2023: +6.04% |
| 2022 | +5.4%Positive MonthJan 2022: +5.45% | +3.6%Positive MonthFeb 2022: +3.57% | +0.2%Neutral MonthMar 2022: +0.24% | -11.3%Negative MonthApr 2022: -11.33% | +1.1%Neutral MonthMay 2022: +1.06% | -9.2%Negative MonthJun 2022: -9.22% | +10.1%Positive MonthJul 2022: +10.13% | +6.0%Positive MonthAug 2022: +5.99% | -5.3%Negative MonthSep 2022: -5.32% | +19.6%Positive MonthOct 2022: +19.55% | -1.0%Neutral MonthNov 2022: -1.05% | -8.6%Negative MonthDec 2022: -8.60% |
| 2021 | — | — | — | — | +1.4%Neutral MonthMay 2021: +1.38% | -2.0%Negative MonthJun 2021: -2.03% | -0.3%Neutral MonthJul 2021: -0.32% | +8.0%Positive MonthAug 2021: +8.05% | -1.1%Neutral MonthSep 2021: -1.06% | +6.8%Positive MonthOct 2021: +6.84% | -0.3%Neutral MonthNov 2021: -0.30% | +2.1%Positive MonthDec 2021: +2.15% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
