A month has gone by since the last earnings report for Raymond James Financial, Inc. (RJF) . Shares have added about 11.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Raymond James Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Raymond James' Q4 Earni ...

Raymond James (RJF) shares touched an all-time high of $164.33 on Monday. The stock has soared 11.6% since the U.S. presidential election on Nov. 5.Over the past three months, RJF stock has jumped 41.4%, significantly outperforming the industry and the S&P 500 Index. It has also fared better than its peers – Morgan Stanley (MS) and Evercore (EVR) . Three-Months Price Performance Image Source: Zacks Investment ResearchThe primary reason for investors’ optimistic stance on Raymond James is the revival of the ...

The expected future was altered in a big way Tuesday night.A good day for the stock market is proving to be a great day for select financial names. Shares of brokerage outfits Charles Schwab (SCHW 6.72%) and Raymond James Financial (RJF 9.80%) are up 6.5% and 9.4% (respectively) headed into Wednesday's close, for reasons that aren't exactly surprising.Brewing up a bullish environment for the banking businessCredit Donald Trump's successful bid for the U.S. presidency, mostly. While current VP and defeated p ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

Investors with an interest in Financial - Investment Bank stocks have likely encountered both Raymond James Financial, Inc. (RJF) and The Charles Schwab Corporation (SCHW) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zack ...

Given the revival in corporate debt and equity issuances and deal-making activities, the Zacks Investment Bank industry is expected to witness a turnaround in investment banking fees in the quarters ahead. Clarity on several macroeconomic factors will also keep up the momentum. Heightened client activity and a rise in trading volume will support the trading business in the near term. While costs related to technological upgrades might impede the bottom line, industry players will witness improved operating ...

Shares of Raymond James (RJF) gained 1.2% in after-hours trading following the release of its fourth quarter and fiscal 2024 results (ended Sept. 30). Its fourth-quarter fiscal 2024 adjusted earnings of $2.95 per share handily surpassed the Zacks Consensus Estimate of $2.44. The bottom line surged 38% from the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Results benefited from robust investment banking (IB) and brokerage performance in the Capital markets segment. T ...

财务数据和关键指标变化 - 公司在2024财年第四季度实现创纪录的净收入34.6亿美元，较去年同期增长13% [6][14] - 净收入可归属于普通股股东为6.01亿美元，摊薄每股收益为2.86美元 [6][7] - 调整后的净收入为6.21亿美元，摊薄每股收益为2.95美元 [6][7] - 财年净收入达到128.2亿美元，较去年增长10% [13] 各条业务线数据和关键指标变化 - 私人客户集团（PCG）在第四季度实现创纪录的净收入24.8亿美元，税前收入为4.61亿美元 [11] - 投资银行业务收入为3.15亿美元，同比增长56% [14] - 资产管理部门的税前收入为1.16亿美元，净收入为2.75亿美元 [12] 各个市场数据和关键指标变化 - 国内新资产在第四季度增长130亿美元，年化增长率为4% [8] - 客户资产管理总额达到1.57万亿美元，较上季度增长6% [7][8] - 银行贷款在本季度增长2%，达到460亿美元 [10] 公司战略和发展方向和行业竞争 - 公司计划继续投资于业务、人员和技术，以推动各业务的增长 [6][21] - 在资本市场部门，市场环境的改善使得并购活动有所增加，预计将继续推动增长 [11][22] - 公司致力于成为顾问的首选目的地，以吸引更多高质量的顾问 [9][21] 管理层对经营环境和未来前景的评论 - 管理层对未来的市场环境持乐观态度，认为并购活动的增加将推动贷款需求的回升 [22][30] - 公司在资产管理和私人客户集团的强劲增长将推动未来的财务表现 [23][25] 其他重要信息 - 公司在应对自然灾害方面表现出色，已向受影响社区和员工捐赠了1100万美元 [5] - 公司在2024财年通过股票回购和分红向股东返还了约13亿美元的资本 [18] 问答环节所有提问和回答 问题: 关于资本市场部门的表现 - 管理层表示，资本市场环境的改善推动了并购活动的增加，预计未来将继续保持这种趋势 [27][28] 问题: 关于贷款需求的驱动因素 - 管理层指出，低利率将有助于推动企业贷款需求的回升，尤其是与并购活动相关的融资需求 [30] 问题: 关于非补偿性支出的增长 - 管理层提到，非补偿性支出主要与业务增长相关，特别是在技术投资方面 [34] 问题: 关于顾问招聘的情况 - 管理层表示，顾问招聘活动强劲，尤其是大型团队的加入，预计将推动未来的增长 [35] 问题: 关于固定收益业务的前景 - 管理层认为，固定收益业务在市场环境改善的情况下仍有增长潜力 [42] 问题: 关于现金流动性和资产配置 - 管理层指出，客户现金余额的增长与新顾问的加入密切相关，预计未来将与新资产的增长保持一致 [53][64]

For the quarter ended September 2024, Raymond James Financial, Inc. (RJF) reported revenue of $3.46 billion, up 13.4% over the same period last year. EPS came in at $2.95, compared to $2.13 in the year-ago quarter.The reported revenue represents a surprise of +4.79% over the Zacks Consensus Estimate of $3.3 billion. With the consensus EPS estimate being $2.44, the EPS surprise was +20.90%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...

业绩总结 - 2024财年第四季度净收入为34.62亿美元，同比增长13%[3] - 2024财年第四季度可供普通股东的净收入为6.01亿美元，同比增长39%[3] - 2024财年第四季度每股收益（稀释后）为2.86美元，同比增长42%[3] - 2024财年第四季度总收入为40.03亿美元，同比增长14%[10] - 2024财年第四季度调整后净收入为6.21亿美元，同比增长36%[3] 用户数据 - 客户管理资产在2024财年第四季度达到1571.11亿美元，同比增长25%[4] - 私人客户集团（PCG）管理资产在2024财年第四季度达到1507.00亿美元，同比增长25%[4] 财务指标 - 2024财年第四季度的调整后普通股东权益回报率为21.9%[3] - 2024年第四季度的净利差（NIM）为3.09%，较2023年第四季度的2.97%增长了0.12个百分点[14] - 2024年第四季度的总资产为829.92亿美元，同比增长6%，环比增长3%[19] - 2024年第四季度的总普通股权益为115.94亿美元，同比增长14%，环比增长4%[19] - 2024年第四季度的每股账面价值为57.03美元，同比增长17%，环比增长5%[19] 成本与费用 - 2024年第四季度的总非补偿性费用为5.43亿美元，同比下降6%，环比增长10%[15] - 2024年第四季度的补偿比率为62.4%[16] - 2024年第四季度的税前利润率为22.0%[18] - 2024年第四季度的银行贷款损失准备金为2200万美元，同比下降39%[24] - 2024年第四季度的净坏账为2000万美元，同比增长18%[24] 股东回报 - 过去五个季度共支付了14亿美元的股息和股票回购[21] 未来展望 - 截至2023年9月30日，调整后的税前利润率预计到2024年9月30日将提升至22.7%[30] - 2023年9月30日的基本每股收益预计到2024年9月30日将增至2.93美元[34] - 稀释每股收益预计到2024年9月30日将增至2.86美元[36] - 2023年9月30日的账面价值每股预计到2024年9月30日将增至57.03美元[38] - 2023年9月30日的调整后每股收益预计到2024年9月30日将增至9.94美元[34]