Raymond James Financial Q4 2026 Results Overview
Raymond James Financial Inc reported adjusted earnings per share of $3.59 for the fourth quarter, exceeding analyst expectations of $3.26 by $0.33. Quarterly revenue reached a record $4.27 billion, topping the consensus estimate of $4.2 billion and representing a 15 % increase year‑over‑year.
The revenue uplift was driven primarily by a 23 % rise in asset‑management and related administrative fees, which climbed to $2.31 billion. Shares advanced 2.3 % in after‑hours trading following the announcement.
Chief Executive Officer Paul Shoukry said the firm delivered its sixth consecutive year of record annual revenues and earnings, highlighting the strength of the Private Client Group. The Private Client Group posted record quarterly net revenues of $3.06 billion, up 15 % YoY, and domestic net new assets of $22.8 billion for the quarter, reflecting an annualized growth rate of 5.3 %. For the full fiscal year, domestic net new assets totaled $98.3 billion, an 88 % increase over fiscal 2025.
Client assets under administration rose to a record $1.94 trillion at quarter‑end, a 12 % rise from September 2025, while fee‑based assets in the Private Client Group reached $1.16 trillion, up 15 % YoY.
The Capital Markets segment generated $549 million of net revenue, a 7 % YoY increase, with investment‑banking revenue climbing 17 % to $361 million. The Asset Management segment delivered record net revenue of $409 million, up 30 % YoY.
For the fiscal year 2026, Raymond James reported record net revenue of $15.79 billion and earnings per diluted share of $11.91. The company returned approximately $1.7 billion to shareholders through share repurchases and dividends during the year.