Raymond James revenue rises 6% to record $3.74 billion; profit falls 6%
Raymond James reported net revenues of $3.74 billion for the fiscal first quarter ended December 31, 2025, up 6% from a year earlier and a company record. Net income available to common shareholders fell 6% to $562 million, or $2.79 per diluted share, from $599 million, or $2.86 per diluted share, a year earlier, as the effective tax rate rose to 22.7% from 19.9%.
Key points
- Net revenues of $3.74 billion, up 6% from $3.537 billion in the prior-year fiscal first quarter.
- Net income available to common shareholders of $562 million, down from $599 million; adjusted net income of $577 million excludes $15 million of acquisition-related expenses, net of tax.
- Quarterly cash dividend raised 8% to $0.54 per share; $400 million of common stock repurchased during the quarter.
- In December the Board authorized up to $2 billion of common stock repurchases, replacing the prior authorization; $1.9 billion remained available as of December 31, 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 28, 2026.
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.