Raymond James Financial Reports Record Fiscal 2026 Results and Outlines Long-Term Expense Targets
Raymond James Financial (RJF) reported record net revenues and record net income for both the fourth quarter and the full fiscal year 2026. CEO Paul Shoukry highlighted the firm's strong performance, noting that the company achieved significant milestones in its financial results during this period. Looking ahead, the company has established a non-competitive expense target of $2.5 billion for fiscal year 2027. Additionally, management expects asset management fees to increase by approximately 1% in the first quarter, signaling steady growth expectations within its wealth management segment.
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Topics: fiscal year results net income net revenue