The earnings call highlights Raymond James' continued profitability, record revenues, and strong recruiting pipeline. However, challenges persist, including a decline in pretax income, legal settlement costs, and a loss in the Capital Markets segment. While the firm shows positive momentum in client assets and satisfaction rankings, financial hurdles and market uncertainties present ongoing challenges.

Company Guidance -

Q4 2025

During Raymond James Financial's Fiscal 2025 Third Quarter Earnings Call, the company reported several key metrics. They achieved net revenues of $3.4 billion, marking a 5% increase from the previous year, while pretax income declined 13% year-over-year to $563 million. The firm also recorded a $58 million reserve increase due to a legal settlement. For the first nine months of fiscal 2025, Raymond James generated record net revenues of $10.3 billion and pretax income of $1.98 billion, up 10% and 5% respectively from the same period in fiscal 2024. Client assets under administration reached a record $1.57 trillion, growing 11% year-over-year. In addition, the firm recruited financial advisers managing $336 million in trailing 12-month production and $52 billion in client assets over the past year. Quarterly domestic net new assets totaled $11.7 billion, translating to a 3.4% annualized growth rate. The company maintained a strong balance sheet, with loans at a record $49.8 billion and a net interest margin of 2.74%. They returned over $1 billion to shareholders through dividends and share repurchases in fiscal 2025.

150th Consecutive Quarter of Profitability

Raymond James marked its 150th consecutive quarter of profitability, reflecting the strength of its diverse and complementary businesses.

Record Net Revenues and Pretax Income

For the first 9 months of fiscal 2025, Raymond James generated record net revenues of $10.3 billion and record pretax income of $1.98 billion, up 10% and 5% over the first 9 months of fiscal 2024.

Record Assets Under Administration

The Private Client Group ended the quarter with a record $1.57 trillion of client assets under administration, representing year-over-year growth of 11%.

Strong Recruiting Pipeline

Over the past 12 months, Raymond James recruited financial advisers with $52 billion of client assets, and the firm is optimistic about its momentum and growth over the coming quarters.

J.D. Power Rankings

Raymond James topped the J.D. Power rankings in its annual U.S. Investor Satisfaction Study as the #1 wealth management firm for advised investor satisfaction.

Raymond James Financial (RJF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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RJF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q4)	2.72 / -	2.95	―	―	―
Jul 23, 2025	2025 (Q3)	2.37 / 2.18	2.39	-8.79% (-0.21)
Apr 23, 2025	2025 (Q2)	2.45 / 2.42	2.31	4.76% (+0.11)
Jan 29, 2025	2025 (Q1)	2.68 / 2.93	2.4	22.08% (+0.53)
Oct 23, 2024	2024 (Q4)	2.42 / 2.95	2.13	38.50% (+0.82)
Jul 24, 2024	2024 (Q3)	2.31 / 2.39	1.85	29.19% (+0.54)
Apr 24, 2024	2024 (Q2)	2.30 / 2.31	2.03	13.79% (+0.28)
Jan 24, 2024	2024 (Q1)	2.24 / 2.40	2.29	4.80% (+0.11)
Oct 25, 2023	2023 (Q4)	2.27 / 2.13	2.08	2.40% (+0.05)
Jul 26, 2023	2023 (Q3)	2.15 / 1.85	1.61	14.91% (+0.24)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RJF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$160.87	$166.84	+3.71%
Apr 23, 2025	$134.89	$136.81	+1.42%
Jan 29, 2025	$170.84	$169.48	-0.80%
Oct 23, 2024	$135.98	$145.92	+7.31%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Raymond James Financial (RJF) report earnings?

Raymond James Financial (RJF) is schdueled to report earning on Oct 28, 2025, After Close (Confirmed).

What is Raymond James Financial (RJF) earnings time?

Raymond James Financial (RJF) earnings time is at Oct 28, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is RJF EPS forecast?

RJF EPS forecast for the fiscal quarter 2025 (Q4) is 2.72.

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