GlobeNewswire·Oct 22, 2025, 4:36 PM ET

Raymond James Financial Reports Fiscal Fourth Quarter and Fiscal 2025 Results

RJF

Raymond James Financial, Inc. reported record fiscal 2025 net revenues of $14.07 billion, net income of $2.13 billion, & earnings per diluted share of $10.30.
Record quarterly net revenues for the fiscal fourth quarter ended September 30, 2025, reached $3.73 billion, up 8% year-over-year & 10% sequentially.
Quarterly net income available to common shareholders was $603 million ($2.95 per diluted share), while adjusted net income was $635 million ($3.11 per diluted share).
The company returned over $1.5 billion to shareholders through share repurchases & dividends during fiscal 2025.
Total client assets under administration reached a record $1.73 trillion, with Private Client Group fee-based accounts growing 15% to $1.01 trillion.
Domestic Private Client Group net new assets totaled $17.9 billion in the fourth quarter, representing 5.0% annualized growth.
The firm invested approximately $1 billion in technology & AI during the fiscal year, establishing new Chief AI Officer & Head of AI Strategy roles.
Private Client Group segment generated record annual revenues of $10.18 billion & $1.67 trillion in assets under administration.
Capital Markets segment saw annual net revenues rise 20% to $1.77 billion, with investment banking revenues up 118% to $146 million.
Asset Management segment recorded record annual revenues of $1.19 billion & pre-tax income of $503 million.
Bank segment reported annual net revenues of $1.78 billion, with net loans growing 12% to $51.6 billion.
The firm repurchased $350 million of common stock in the fourth quarter & redeemed $98 million of subordinated notes.
Total capital ratio stood at 24.1% & tier 1 leverage ratio at 13.1% as of September 30, 2025.