Raymond James reports achievement of 150 consecutive quarters of profitability

The company said, “Raymond James (RJF) has reached a rare and remarkable milestone: 150 consecutive quarters of profitability, a streak spanning nearly 38 years. Announced in the firm’s fiscal third-quarter earnings, the achievement reflects Raymond James’ enduring strength, guided by a clear set of values and the steady leadership of Chair Emeritus Tom James, Chair Paul Reilly and current CEO Paul Shoukry. Since 1987, the firm has successfully navigated some of the most challenging periods in financial history – from the Black Monday crash and the dot-com bubble to the 2008 global financial crisis and the COVID-19 pandemic. Over that time, Raymond James has grown its annual net income from $9.6 million to more than $2 billion, while client assets under administration have surpassed $1.5 trillion.”