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Raymond James Financial Inc. (NYSE:RJF) ranks among the biggest publically traded plus managers. On January 28, Raymond James Financial Inc. (NYSE:RJF) reported mixed first-quarter fiscal 2026 results, with coagulated gross maturation offset by declining profits and margins crossed a fig of large indicators. The institution reported nett revenues of $3.7 billion, a 6% emergence year-over-year. Conversely, pre-tax income fell 3% from the aforesaid play past year, portion nett income disposable to communal shareholders fell 6% year-over-year.
The Private Client Group, the company’s largest sector, reported coagulated results, with revenues of $2.77 billion, up 9% year-over-year. Asset Management besides fared well, with revenues climbing 11% year-over-year to deed the $326 cardinal mark.
Looking forward, Raymond James Financial Inc. (NYSE:RJF) expects $400-500 cardinal successful quarterly stock buybacks and a 1% summation successful fiscal Q2 plus absorption fees. Management continues a strategy centered astir integrated maturation and prospective acquisitions, with an expected effectual taxation complaint astir 24-25% successful fiscal 2026.
Raymond James Financial Inc. (NYSE:RJF) is simply a diversified fiscal services institution that offers wealthiness management, superior markets, plus management, banking, and different services to individuals, corporations, and institutions.
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Disclosure: None. This nonfiction is primitively published at Insider Monkey.
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