Raymond James Q4 2026: EPS Beats Expectations on Record Recruiting

Raymond James Financial (RJF) reported adjusted earnings per share of $3.59 for Q4 2026, surpassing expectations, driven by record financial advisor recruiting and strong client retention, which contributed to $98 billion in net new assets for the year. The firm achieved its sixth consecutive year of record annual revenues and earnings, with management noting record client assets and a robust investment banking pipeline for fiscal 2027. GAAP diluted EPS was $3.40, reflecting acquisition-related charges from the Clark Capital deal.