Raymond James Financial Report – GuruFocus.com

0

ST. PETERSBURG, Fla., March 23, 2022 (GLOBE NEWSWIRE) — Raymond James Financial, Inc. (:RJF) today released selected operating data for February 2022 in an effort to provide timely information to investors on the monthly evolution of certain key performance metrics. Due to the limited nature of these data, one should not assume a consistent correlation with earnings.

“Our client-focused culture and award-winning technology platform continue to support strong financial advisor retention and drive strong recruiting momentum across our multiple affiliate options,” said President and CEO, Paul Reilly. “While our M&A pipeline remains strong, macroeconomic and geopolitical uncertainty contributed to lower investment banking revenue in the first two months of the quarter compared to the first two months of the quarter. previous year and the previous quarter.”

in billions of dollars From % change
February 28,
2022
February 28,
2021
January 31,
2022
February 28,
2021
January 31,
2022
Customer assets under administration(1) $1,238.1 $1,059.6 $1,245.4 17% (1)%
Assets under administration of the Private Client Group(1) $1,180.0 $1,005.3 $1,188.4 17% (1)%
Private Client Group assets in fee-based accounts(1) $665.0 $549.1 $673.1 21% (1)%
Financial assets under management $191.5 $173.5 $194.1 ten% (1)%
Loans from Raymond James Bank, net $27.2 $22.3 $26.6 22% 2%
National customer cash transfer balances $74.7 $62.5 $74.3 20% 1%

(1) These measures include the impact of the acquisition of Charles Stanley Group PLC, which closed on January 21, 2022. As of February 28, 2022 and January 31, 2022, the impact on client assets under administration and Private Client Group assets under administration were $33 billion and $34 billion, respectively, and the impact on Private Client Group assets in fee-based accounts was $21 billion and $22 billion dollars, respectively.

About Raymond James Financial, Inc.

Raymond James Financial, Inc. (: RJF) is a leading diversified financial services company providing services to private client groups, capital markets, asset management, banking and other retail, businesses and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.24 trillion. Public since 1983, the company is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.

Raymond-James-Financial.png

Share.

Comments are closed.