Raymond James stock holds firm after $1.93 trillion asset update
Published on 08/21/2026 at 09:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Raymond James Financial (US7547301090) is trading at $177.93, and the latest company update puts total client assets under administration at a record $1.93 trillion in July 2026. The same update said those assets rose 17% year over year, while fiscal second-quarter 2026 net revenues reached $3.86 billion.
Assets and earnings
The record July 2026 asset figure matters because it sits alongside fiscal second-quarter 2026 revenue growth of 13% and pre-tax income of $735 million. Net income available to common shareholders was $542 million, and adjusted EPS was $2.83, while reported EPS was $2.72.
That mix shows the stock is being priced against both wealth-management scale and earnings power. The latest quarter also included $1.04 trillion of PCG fee-based assets, up 20% year over year, and $54.8 billion of bank loans, up 14% from the year-ago quarter.
What the quarter showed
Private Client Group produced $2.81 billion of quarterly net revenues, and Asset Management generated $327 million of net revenues in fiscal second-quarter 2026. Capital Markets contributed $464 million, helped by higher debt and equity underwriting revenues as well as stronger M&A and advisory activity.
The company also said quarterly domestic net new assets were $23 billion, equal to a 5.8% annualized growth rate. Net interest income and third-party bank fees declined 3% sequentially to $650 million, while the Banking segment's net interest margin held at 2.81%.
Advisor-led model
Raymond James Financial built its franchise around financial advisors, and the latest quarter again showed that model in action. The firm said it had more than $1.1 billion of annual technology spend and a pilot of its Ray AI tool with a few hundred advisors.
The product mix remains broad, with cash management, lending, investment banking, and managed assets all feeding the same platform. That makes July's $1.93 trillion in client assets more than a headline figure; it is the core operating backdrop for the business.
RJF shares today
Raymond James stock traded at $177.93 as of August 20, 2026, while GuruFocus put its GF Value at $176.87 and said the shares were 0.6% above that estimate. The market capitalization cited in the same update was $34.23 billion.
More on Raymond James Financial
Company: Raymond James Financial, Inc.
ISIN: US7547301090
Ticker: RJF
Exchange: NYSE
Price (as of August 20, 2026, 4:00 p.m. ET): $177.93 USD
Market cap: $34.23 billion
Sector / Industry: Financial Services / Asset Management
Index membership: S&P 500
Next earnings date: November 2026
Raymond James Financial services
The firm's wealth platform combines advisor recruiting, fee-based client assets, lending, and capital markets, with July 2026 client assets under administration at $1.93 trillion and fee-based assets at $1.16 trillion. That scale is why the quarter's $3.86 billion of revenue and $542 million of net income matter for the stock's current valuation backdrop.
Raymond James stock close
Raymond James stock traded at $177.93 as of August 20, 2026, after the latest asset update and second-quarter 2026 earnings figures gave investors two fresh reference points on scale and profitability.
