Skip to Content

Raymond James Financial Inc

View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation

Raymond James Earnings: Record Annual Results Helped by Acquisitions and Business Mix

Raymond James reported record annual results, helped by acquisitions done in 2022 and better business mix. The company reported net income available to common shareholders for the fiscal year of $1.7 billion, or $7.97 per diluted share, on $11.6 billion of net revenues. Net revenue for the fourth quarter increased 8% from the previous year and 5% sequentially, with the increase coming mainly from asset-management fees and interest-rate-related revenue. We don't plan to make a material change to our $116 per share fair value estate for no-moat-rated Raymond James and assess the shares as being slightly undervalued.

Free Trial of Morningstar Investor

Get our analysts’ objective, in-depth, and continuous investment coverage of RJF so you can make buy / sell decisions free of market noise.

Start Free Trial

Sponsor Center