Raymond James Financial, Inc. (LON:0KU1)

Raymond James Financial Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Interest and Dividend Income	4,053	4,232	3,748	1,508	823	1,000
Total Interest Expense	1,925	2,102	1,373	305	150	178
Net Interest Income	2,128	2,130	2,375	1,203	673	822
Brokerage Commission	1,740	1,651	1,459	1,589	1,651	1,468
Trading & Principal Transactions	519	492	462	527	561	488
Asset Management Fee	6,863	6,196	5,363	5,563	4,868	3,834
Underwriting & Investment Banking Fee	1,068	858	648	1,100	1,143	650
Gain on Sale of Investments (Rev)	-	-	-	9	38	-
Other Revenue	1,503	1,515	1,335	910	847	728
Revenue Before Loan Losses	13,821	12,842	11,642	10,901	9,781	7,990
Provision for Loan Losses	53	45	132	74	-32	233
Revenue	13,768	12,797	11,510	10,827	9,813	7,757
Revenue Growth (YoY)	11.78%	11.18%	6.31%	10.33%	26.51%	0.83%
Salaries & Employee Benefits	8,803	8,171	7,219	7,269	6,535	5,465
Cost of Services Provided	1,672	1,541	1,403	1,215	1,014	944
Other Operating Expenses	368	368	532	309	293	250
Total Operating Expenses	10,843	10,080	9,154	8,793	7,842	6,659
Operating Income	2,925	2,717	2,356	2,034	1,971	1,098
Currency Exchange Gains	-21	-21	-23	102	-21	-
Other Non-Operating Income (Expenses)	-119	-	-	-	-	-
EBT Excluding Unusual Items	2,785	2,696	2,333	2,136	1,950	1,098
Merger & Restructuring Charges	-42	-53	-85	-114	-61	-46
Other Unusual Items	-	-	-	-	-98	-
Pretax Income	2,743	2,643	2,280	2,022	1,791	1,052
Income Tax Expense	610	575	541	513	388	234
Earnings From Continuing Ops.	2,133	2,068	1,739	1,509	1,403	818
Net Income	2,133	2,068	1,739	1,509	1,403	818
Preferred Dividends & Other Adjustments	9	9	11	7	2	1
Net Income to Common	2,124	2,059	1,728	1,502	1,401	817
Net Income Growth	12.26%	18.92%	15.24%	7.56%	71.52%	-20.89%
Shares Outstanding (Basic)	203	207	212	210	206	206
Shares Outstanding (Diluted)	208	212	217	215	211	210
Shares Change (YoY)	-2.37%	-2.12%	0.74%	1.94%	0.43%	-2.64%
EPS (Basic)	10.44	9.94	8.16	7.16	6.81	3.96
EPS (Diluted)	10.21	9.70	7.97	6.98	6.63	3.88
EPS Growth	15.11%	21.71%	14.18%	5.28%	70.88%	-18.83%
Free Cash Flow	-	1,950	-3,687	-19	6,573	3,949
Free Cash Flow Per Share	-	9.19	-17.00	-0.09	31.12	18.78
Dividend Per Share	1.950	1.800	1.680	1.360	1.040	0.990
Dividend Growth	10.17%	7.14%	23.53%	30.77%	5.05%	8.79%
Operating Margin	21.25%	21.23%	20.47%	18.79%	20.09%	14.16%
Profit Margin	15.43%	16.09%	15.01%	13.87%	14.28%	10.53%
Free Cash Flow Margin	-	15.24%	-32.03%	-0.18%	66.98%	50.91%
Effective Tax Rate	22.24%	21.76%	23.73%	25.37%	21.66%	22.24%
Revenue as Reported	15,725	14,923	12,992	11,308	9,910	8,168

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.