Raymond James Financial, Inc. (RJF) 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.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.Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Raymond James Financial, Inc. (RJF): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).