Raymond James Stock Price, News & Analysis

Raymond James Financial (NYSE:RJF) announced that Texas Community Bank (TCB) has selected its Financial Institutions Division platform to enhance their financial planning and advisory services. TCB Investments, based in Laredo, Texas, will provide investment and wealth management services through Raymond James Financial Services.

The program includes financial advisors Luis J. Gonzalez, III and Carlos M. Chapa, who collectively manage approximately $605 million in client assets. The partnership will provide TCB access to Raymond James' resources, advanced technology, and investment platform, specifically tailored for financial institutions.

Raymond James (NYSE:RJF) has achieved a significant milestone of 150 consecutive quarters of profitability, spanning nearly 38 years. The company's fiscal third-quarter earnings announcement highlighted its remarkable growth from an annual net income of $9.6 million in 1987 to over $2 billion currently, with client assets under administration exceeding $1.5 trillion.

The firm has evolved from a small financial planning office in St. Petersburg to a global financial services company with 17,000 employees and 8,900 affiliated financial advisors across two continents. Raymond James recently received recognition from JD Power's Investor Satisfaction Survey as the top wealth management firm for advised investor satisfaction.

Raymond James Financial (NYSE:RJF) reported strong fiscal Q3 2025 results with record net revenues of $10.34 billion and pre-tax income of $1.98 billion for the first nine months of fiscal 2025, up 10% and 5% respectively year-over-year. The quarter saw net revenues of $3.40 billion, up 5% from the previous year, with net income of $435 million, or $2.12 per diluted share.

The company achieved record client assets under administration of $1.64 trillion and Private Client Group assets in fee-based accounts of $943.9 billion, marking 11% and 15% increases respectively. During Q3, RJF repurchased $451 million of common stock at an average price of $137 per share. The quarter included a $58 million legal reserve related to a settlement of bond underwriting matters.

The company maintained strong capital ratios with a total capital ratio of 24.3% and tier 1 leverage ratio of 13.1%, celebrating its 150th consecutive quarter of profitability.

TriState Capital Bank (NYSE:RJF) has been recognized among the top equipment finance companies in the US by Monitor for the sixth consecutive year. The bank achieved a 28.5% year-over-year growth in total loans and leases, reaching $708.3 million in 2024 from $551.2 million in 2023. The bank ranked No. 77 on the 2025 Monitor 100, advancing seven positions from the previous year.

The equipment finance division added $313.4 million in new business in 2024, focusing on essential-use equipment financing in transportation, manufacturing, and construction sectors. Since its 2018 launch, the division has grown from $18.1 million to $708 million in assets, maintaining strong performance despite challenging rate environments.

Raymond James Financial (NYSE:RJF) has announced the addition of veteran financial advisor Robert Chanin to Raymond James & Associates, the firm's employee advisor channel. Chanin, who joins from Stifel, previously managed approximately $750 million in client assets and brings over 45 years of industry experience to his role as managing director.

Based in Macon, Georgia, Chanin specializes in high-net-worth client wealth management. The transition strengthens Raymond James' presence in the South Atlantic region and demonstrates the firm's ability to attract established advisors with significant books of business.

Lisa Detanna, Private Wealth Advisor and Managing Director at Raymond James (NYSE: RJF), has been named to Barron's 2025 Top 100 Financial Advisors list, published on May 9, 2025. With over 30 years of experience, Detanna specializes in advising family offices, multigenerational families, and high-net-worth individuals. The recognition is based on various criteria including assets under management, revenue, regulatory record, and practice quality.

Raymond James Financial currently has approximately 8,700 financial advisors and manages total client assets of $1.45 trillion. The rankings were determined from data provided by 1,402 individual advisors, requiring a minimum of 7 years of financial services experience and meeting various qualitative and quantitative criteria.

Raymond James Financial (NYSE: RJF) has announced its latest quarterly dividend declarations. The company's Board of Directors declared a quarterly cash dividend of $0.50 per share on its common stock, which will be paid on July 15, 2025, to shareholders of record as of July 1, 2025.

Additionally, the Board declared a quarterly dividend of $0.3984375 per depositary share on its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock, payable on July 1, 2025, to shareholders of record on June 13, 2025.

Raymond James Financial (NYSE: RJF) reported strong fiscal Q2 2025 results with quarterly net revenues of $3.40 billion, up 9% year-over-year but down 4% sequentially. Net income reached $493 million, or $2.36 per diluted share, with adjusted earnings of $507 million ($2.42 per diluted share).

The company achieved record first-half fiscal 2025 performance with net revenues of $6.94 billion and pre-tax income of $1.42 billion, up 13% and 15% respectively year-over-year. Client assets under administration grew to $1.54 trillion, while Private Client Group assets in fee-based accounts increased to $872.8 billion.

During Q2, RJF repurchased $250 million of common stock at $146 per share average, followed by an additional $190 million in April 2025 at $125 per share. The company maintains strong capital positions with a total capital ratio of 24.8% and tier 1 leverage ratio of 13.3%.

Lisa Detanna, Managing Director and Private Wealth Advisor of Global Wealth Solutions Group of Raymond James, has been named to Forbes 2025 America's Top Wealth Advisors list. The recognition, announced on April 8th, is based on SHOOK Research's evaluation of advisors nationwide from June 2023 to June 2024.

Detanna, who joined Raymond James in 2011, brings over 30 years of financial services experience, specializing in serving family offices, multigenerational families, and high-net-worth clients. The selection process considered factors including industry experience, revenue trends, assets under management, compliance records, and client service best practices.

Out of approximately 48,944 nominations, only 250 advisors received this prestigious recognition, highlighting the exclusive nature of the award. The ranking process involved qualitative criteria through telephone and in-person due diligence interviews.