Raymond James posts record Q1 net revenues of $3.54 billion, up 17%; EPS $2.86
Raymond James reported record fiscal first-quarter net revenues of $3.54 billion for the quarter ended December 31, 2024, up 17% from a year earlier, and net income available to common shareholders of $599 million, or $2.86 per diluted share, up from $2.32 a year earlier. The Board also raised the quarterly cash dividend 11% to $0.50 per share and authorized common stock repurchases of up to $1.5 billion, which affects the capital returned to shareholders.
Key points
- Net income available to common shareholders of $599 million, or $2.86 per diluted share, versus $497 million, or $2.32 per diluted share, a year earlier
- Net revenues of $3.54 billion, up 17% year over year and 2% sequentially
- Capital Markets net revenues rose 42% to $480 million, with investment banking revenues of $317 million
- Quarterly cash dividend raised 11% to $0.50 per share; repurchase authorization of up to $1.5 billion, with about $1.45 billion available as of January 24, 2025
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 January 29, 2025.
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.