Raymond James Reports Record Q4 2026 Results Driven by Asset Management and Private Client Growth
Raymond James (RJF) delivered record-breaking fourth-quarter results for fiscal year 2026, reporting net revenue of $4.27 billion, a 15% increase year-over-year. The firm's performance was heavily bolstered by a 23% surge in asset management and related administrative fees, alongside significant growth in the Private Client Group, which saw net revenue rise to $3.06 billion. The company demonstrated strong capital efficiency with an adjusted return on tangible common equity of 23.0% for the fiscal year. Management highlighted successful integration efforts, such as Clark Capital, and a robust recruitment strategy that brought in $82 billion in client assets. Looking ahead, Raymond James plans to resume share repurchases with a quarterly target of $400 million.
Tickers: $RJF
Topics: Asset Management EPS Financial Services Investment Banking Net Income Net Revenue
Read the full article at Motley Fool
Part of the story Enerpac Tool Group Reports Record Fiscal 2026 Revenue and Completes SFE Group Acquisition (5 articles)