Raymond James posts record fiscal Q3 revenue of $3.23 billion, EPS up to $2.31
Raymond James reported fiscal third-quarter 2024 results for the period ended June 30, 2024, with record net revenues of $3.23 billion, up 11% from a year earlier, and net income available to common shareholders of $491 million, or $2.31 per diluted share, compared with $1.71 a year earlier. The company also repurchased about 2 million shares for $243 million during the quarter, leaving approximately $945 million available under its Board-approved repurchase authorization.
Key points
- Net revenues of $3.23 billion, up 11% from the prior year's fiscal third quarter and 4% from the preceding quarter
- Net income available to common shareholders of $491 million, or $2.31 per diluted share, versus $1.71 a year earlier
- Bank segment net interest margin of 2.64%, down 62 basis points from the prior year's fiscal third quarter
- Repurchased about 2 million shares for $243 million, with approximately $945 million remaining under the authorization
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.