NYSE$RJF

Raymond James Financial Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Raymond James Financial reported fiscal Q1 2026 net revenues of $3.74B with net income of $563M and diluted EPS of $2.79.

First-quarter net revenues were $3.74 billion as asset management fees and brokerage activity remained solid. Net income available to common shareholders was $562 million and diluted EPS was $2.79. Pre-tax income was $728 million.

  • Q1 FY26 net revenues $3.74B.
  • Net income $563M; diluted EPS $2.79.
  • Asset management fees $2.0B in the quarter.
  • Bank loan portfolio credit quality stable.

Headline financials

Total Revenue

$3.74B

Previous: $4.04B-7.4%
EPS (adj)

$2.79

Previous: $2.93-4.8%
Client AUA

$1.77T

No prior period
PCG Fee-Based AUA

$1.04T

No prior period
Domestic Net New Assets

$30.8B

No prior period
Cash Sweep & ESP

$58.1B

No prior period
Financial AUM

$281B

No prior period
Net Bank Loans

$53.4B

No prior period
Bank NIM

2.8%

No prior period
ROE

18.0%

No prior period
Adj. ROCE

21.4%

No prior period
Effective Tax Rate

22.7%

No prior period
Capital Expenditures

-$46M

Previous: -$41M-12.2%
Net Income

$563M

Previous: $598M-5.9%

Revenue & EPS history

Raymond James · Revenue · Quarterly

$3.74B

Q1 2026-7.4%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Raymond James · $3.29B total across 4 segments · Q4 2023

  • Private Client Group
    $2.27B+13.8%
  • Raymond James Bank
    $451M+5.4%
  • Capital Markets
    $341M-14.5%
  • Asset Management
    $236M+9.3%

Forward guidance

The release discusses Raymond James Financial's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Raymond James Financial cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.1%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+3.1%

Avg return

30 days after

52%

36 / 69 earnings

Positive

+10.2%

Q2 2016

Best reaction

-8.9%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-1.5%+0.8%-2.0%
Q1 2026+1.5%-1.3%-9.0%
Q4 2025-0.6%-3.8%-7.9%
Q3 2025-0.8%-1.3%+3.4%
Q2 2025+0.2%+2.7%+2.6%
Q1 2025-0.8%-4.3%-10.1%
Q4 2024+8.2%+8.8%+21.3%
Q3 2024+5.5%+3.3%+4.5%
Q2 2024-4.1%-3.1%-1.0%
Q1 2024+0.4%-1.0%+4.5%
Q4 2023+1.8%+0.9%+11.4%
Q3 2023-1.5%-0.0%-7.1%
Q2 2023-2.2%-1.8%+2.0%
Q1 2023-3.1%-4.5%-7.9%
Q4 2022+8.8%+12.8%+14.1%
Q3 2022+1.2%+4.7%+13.3%
Q2 2022+4.0%-1.6%-0.8%
Q1 2022+4.2%+9.4%+16.0%
Q4 2021-2.7%-2.7%-3.7%
Q3 2021+1.5%+1.1%+10.8%
Q2 2021+1.1%+1.0%+1.5%
Q1 2021+1.0%+3.8%+18.3%
Q4 2020-3.4%+0.3%+18.5%
Q3 2020-1.3%+2.0%+9.6%
Q2 2020-3.3%-8.3%+1.7%
Q1 2020-5.6%-7.3%+1.0%
Q4 2019+1.0%+2.0%+6.4%
Q3 2019-3.3%-4.7%-11.3%
Q2 2019+0.8%+2.3%-3.0%
Q1 2019+0.9%+2.0%+4.8%
Q4 2018-8.9%-12.1%-7.6%
Q3 2018-3.4%-5.7%-5.4%
Q2 2018+3.4%+3.3%+14.5%
Q1 2018-0.7%+0.4%-5.3%
Q4 2017-2.0%-1.6%-1.6%
Q3 2017-2.7%-2.1%-7.3%
Q2 2017-0.4%-0.3%-2.0%
Q1 2017+3.9%+1.8%+5.7%
Q4 2016+5.8%+2.7%+23.8%
Q3 2016+1.5%+2.2%+6.2%
Q2 2016+10.2%
Q1 2016-7.7%
Q4 2015+1.0%
Q3 2015-0.8%
Q2 2015+1.4%
Q1 2015+4.2%
Q4 2014+1.9%
Q3 2014+2.4%
Q2 2014-2.0%
Q1 2014-2.0%
Q4 2013+2.2%
Q3 2013-0.8%
Q2 2013-8.6%
Q1 2013+3.4%
Q4 2012+2.9%
Q3 2012-2.5%
Q2 2012+5.0%
Q1 2012+0.4%
Q4 2011-3.3%
Q3 2011-2.6%
Q2 2011-1.0%
Q1 2010+1.1%
Q1 2011+0.2%
Q2 2010+1.1%
Q4 2008+1.1%
Q4 2010+1.1%
Q4 2009-0.8%
Q3 2010-0.8%
Q3 2009-0.8%

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