04th February 2021
Raymond James Financial Reports Fiscal First Quarter 2021 Results
Raymond James Financial, Inc. (NYSE: RJF) has reported record quarterly net revenues of $2.22 billion and record quarterly net income of $312 million for the fiscal first quarter ended December 31, 2020. Client assets under administration also grew to a record high of $1.02 trillion.
“With strength across our businesses, we achieved record results this quarter including record revenues and pre-tax income in the Capital Markets and Asset Management segments, reinforcing the value of having diverse and complementary businesses..."
“Reflecting our focus on long-term growth and our commitment to deploying excess capital, we closed the acquisition of NWPS, a retirement plans solutions provider, at the end of the quarter, and announced the pending acquisition of Financo, a consumer-focused M&A advisory firm. Both of these firms represent great cultural and strategic fits, and we are excited about welcoming the teams to our Raymond James family.”
Chairman and CEO Paul Reilly