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Raymond James Financial (RJF) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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Raymond James Financial, Inc. (RJF - Free Report) reported $3.93 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 15.6%. EPS of $3.14 for the same period compares to $2.18 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.86 billion, representing a surprise of +1.69%. The company delivered an EPS surprise of +7.9%, with the consensus EPS estimate being $2.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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:
Total Interest-Earning Assets: $84.25 billion versus the two-analyst average estimate of $80.36 billion.
Private Client Group assets in Fee-based Accounts: $1.15 billion versus the two-analyst average estimate of $1.14 billion.
Net Interest Margin: 2.7% versus 2.8% estimated by two analysts on average.
Tier 1 Leverage Ratio: 11.7% versus the two-analyst average estimate of 12%.
Revenues- Account and service fees: $316 million compared to the $311.82 million average estimate based on three analysts. The reported number represents a change of +4.6% year over year.
Revenues- Other: $57 million versus the three-analyst average estimate of $51.2 million. The reported number represents a year-over-year change of +23.9%.
Revenues- Investment banking: $291 million versus the three-analyst average estimate of $231.09 million. The reported number represents a year-over-year change of +37.3%.
Revenues- Asset management and related administrative fees: $2.08 billion versus $2.05 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +19.7% change.
Net interest Income: $560 million compared to the $560.07 million average estimate based on three analysts. The reported number represents a change of +2.6% year over year.
Net Revenues- Total brokerage revenues: $629 million versus the three-analyst average estimate of $648.55 million. The reported number represents a year-over-year change of +12.5%.
Revenues- Interest income: $994 million versus $950.73 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.4% change.
Capital Markets- Total Brokerage Revenues: $149 million versus $165.6 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8% change.
Shares of Raymond James Financial have returned +6.7% over the past month versus the Zacks S&P 500 composite's +0.3% 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.
View the Zacks #1 Rank List
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Raymond James Financial (RJF) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Raymond James Financial, Inc. (RJF - Free Report) reported $3.93 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 15.6%. EPS of $3.14 for the same period compares to $2.18 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.86 billion, representing a surprise of +1.69%. The company delivered an EPS surprise of +7.9%, with the consensus EPS estimate being $2.91.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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:View all Key Company Metrics for Raymond James Financial here>>>
Shares of Raymond James Financial have returned +6.7% over the past month versus the Zacks S&P 500 composite's +0.3% 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.