Recent Updates — RJF
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.