Raymond James Financial, Inc. Q1 2026 Earnings Recap

RJF Q1 2026 January 29, 2026

Raymond James Financial delivered robust earnings in Q1 2026, driven by strong adviser recruiting and significant client asset growth, despite challenges in Capital Markets.

Earnings Per Share Beat

$2.86 vs $2.83 est.

+1.1% surprise

Revenue Miss

3735000000 vs 3810050000 est.

-2.0% surprise

Market Reaction

1-Day -0.42%

5-Day -1.25%

30-Day -9.02%

Key Takeaways

Achieved annualized net asset growth of 8%, with over $69 billion in total client assets recruited over the past year.
Record loan balances of $53.4 billion, reflecting a 28% annual growth in securities-based lending.
Continued investment in technology and platform enhancements, including the launch of an AI operations agent, RA.
Decline in Capital Markets revenues, attributed to lower M&A and advisory activity; however, a strong pipeline positions the firm for recovery.
Announced acquisitions of Clark Capital Management and Greens Labs to enhance investment management capabilities and support long-term growth.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit RJF on AllInvestView.

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