Raymond James Reports Record Fiscal 2026 Revenue and Net Income
Raymond James (RJF) reported record net revenues and net income for its fourth quarter and full fiscal year 2026. The firm's Private Client Group saw significant growth, with domestic net new assets surging 88% to over $98 billion, driven by successful advisor recruitment and organic expansion. Following a pause in capital allocation due to acquisition discussions, the company announced it will resume share repurchases at a rate of $400 million per quarter. Additionally, Raymond James is heavily investing in its digital infrastructure, with annual technology spending exceeding $1.1 billion focused on automation and artificial intelligence to enhance advisor productivity.
Tickers: $RJF
Topics: asset inflows earnings report net income revenue growth share buybacks technology spending
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