Back to top

Image: Bigstock

Here's What Key Metrics Tell Us About Raymond James Financial (RJF) Q1 Earnings

Read MoreHide Full Article

Raymond James Financial, Inc. (RJF - Free Report) reported $3.74 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 5.6%. EPS of $2.86 for the same period compares to $2.93 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3.73 billion, representing a surprise of +0.19%. The company delivered an EPS surprise of +1.24%, with the consensus EPS estimate being $2.83.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Raymond James Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Private Client Group Asset Under Management: $1.71 billion compared to the $1.67 billion average estimate based on three analysts.
  • Tier 1 Leverage Ratio: 12.7% versus the three-analyst average estimate of 12.9%.
  • Private Client Group assets in Fee-based Accounts: $1.04 billion versus $1.04 billion estimated by three analysts on average.
  • Total Capital Ratio: 24.3% compared to the 24.5% average estimate based on two analysts.
  • Revenues- Other: $42 million versus the four-analyst average estimate of $41.94 million. The reported number represents a year-over-year change of +7.7%.
  • Revenues- Asset management and related administrative fees: $2 billion versus $1.94 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14.7% change.
  • Net Revenues- Total brokerage revenues: $612 million versus the four-analyst average estimate of $583.97 million. The reported number represents a year-over-year change of +9.5%.
  • Revenues- Account and service fees: $308 million compared to the $300.41 million average estimate based on four analysts. The reported number represents a change of -9.9% year over year.
  • Revenues- Interest income: $1.01 billion versus the four-analyst average estimate of $970.3 million. The reported number represents a year-over-year change of -2%.
  • Revenues- Investment banking: $208 million versus $276.36 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -36% change.
  • Private Client Group- Total Brokerage Revenues: $470 million versus the three-analyst average estimate of $361.93 million. The reported number represents a year-over-year change of +8.6%.
  • Private Client Group- Asset Management and Related Administrative Fees: $1.69 billion versus the three-analyst average estimate of $1.69 billion. The reported number represents a year-over-year change of +14.7%.

View all Key Company Metrics for Raymond James Financial here>>>

Shares of Raymond James Financial have returned +4% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Raymond James Financial, Inc. (RJF) - free report >>

Published in