Raymond James Financial Reports Fiscal Fourth Quarter and Fiscal 2022 Results

Raymond James Financial, Inc. reported net revenues of $2.83 billion and net income available to common shareholders of $437 million for the fiscal fourth quarter ended September 30, 2022. For the fiscal year ended 30 September 2022 and compared to the prior fiscal year, record net revenues of $11.0 billion increased 13% and record pre-tax income increased 13%.

“Notwithstanding the challenging and volatile market environment during the fiscal year, we generated record results with annual net revenues and pre-tax income growth of 13%, which was driven by strong organic growth, particularly in the Private Client Group segment, the benefit of higher short-term interest rates and, most importantly, our advisors’ and associates’ unwavering focus on always putting their clients first,” said Chair and CEO Paul Reilly. “We also made significant progress deploying capital over the past year, successfully completing our strategic acquisitions of Charles Stanley, TriState Capital and SumRidge Partners. We are well positioned entering fiscal 2023 with strong capital ratios and a flexible balance sheet, which should support our results in any market environment.”