Raymond James Financial Inc.
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Raymond James Financial Inc. (RJF). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2021 |
|---|---|
| Private Client Group | $6.62B 65.6% |
| Capital Markets | $1.90B 18.8% |
| Asset Management | $867.0M 8.6% |
| Bank | $714.0M 7.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2025 |
|---|---|
| Asset management and related administrative fees | $7.08B 45.3% |
| Securities commissions | $1.78B 11.4% |
| Account and service fees | $1.26B 8.1% |
| Investment banking | $1.07B 6.8% |
| Equities, ETFs and fixed income products | $650.0M 4.2% |
| Merger & acquisition and advisory | $623.0M 4.0% |
| Brokerage Revenue, Securities Commissions, Mutual And Other Fund Products [Member] | $614.0M 3.9% |
| Mutual fund and other investment products | $530.0M 3.4% |
| Insurance and annuity products | $511.0M 3.3% |
| RJBDP fees | $486.0M 3.1% |
| Debt underwriting | $261.0M 1.7% |
| Client account and other fees | $246.0M 1.6% |
| Other Revenue [Member] | $205.0M 1.3% |
| Equity underwriting | $185.0M 1.2% |
| Affordable housing investments business revenues | $140.0M 0.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.