Raymond James Q2 FY26: Revenue +13% to $3.86B, EPS +15% to $2.72 on market gains

Filed May 6, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 7, 2025 · ~1 min read

Key Changes

• high

  Net revenues rose 13% YoY to $3.86B (from $3.40B), driven by higher asset management fees, investment banking, and brokerage revenues as markets appreciated and client activity increased.

  MD&A: Net revenues verify on EDGAR →
• high

  Diluted EPS climbed 15% to $2.72 (from $2.36), outpacing the 10% pre-tax income growth due to share repurchases reducing the share count.

  MD&A: Earnings per diluted share verify on EDGAR →
• high

  Completed GreensLedge acquisition in Q2 and closed Clark Capital deal in April 2026, deploying capital consistent with long-term growth strategy.

  MD&A: Acquisitions verify on EDGAR →