Raymond James Financial (RJF) Misses Q2 EPS by 9c

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Raymond James Financial Reports Second Quarter of Fiscal 2022 Results

April 27, 2022 4:22 PM EDT

ST. PETERSBURG, Fla., April 27, 2022 (GLOBE NEWSWIRE) -- Domestic Private Client Group net new asset(1) growth of 11% over the prior 12 months and nearly 9% annualized for the fiscal second quarterQuarterly net revenues of $2.67 billion, up 13% over the prior years fiscal second quarter and down 4% compared to the record set in the preceding quarter Quarterly net income of $323 million, or $1.52 per diluted share, and quarterly adjusted net income of $331 million(2), or $1.55 per diluted share(2)Client assets under administration of $1.26 trillion(3), record Private Client Group (PCG) assets in fee-based accounts of $678.0... More