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Raymond James Financial, Inc. - RJF STOCK NEWS

Welcome to our dedicated news page for Raymond James Financial (Ticker: RJF), a resource for investors and traders seeking the latest updates and insights on Raymond James Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Raymond James Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Raymond James Financial's position in the market.

Rhea-AI Summary
Raymond James Financial appoints CFO Paul Shoukry as President in a succession planning move, with plans for him to become CEO in 2025. Other key leadership changes announced include retirements and promotions within the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
management
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Rhea-AI Summary
Raymond James Financial, Inc. declares a quarterly cash dividend of $0.45 per share on its common stock and $0.3984375 per depositary share on its Series B Non-Cumulative Perpetual Preferred Stock, benefiting shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
dividends
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Rhea-AI Summary
Intercontinental Exchange, Inc. (NYSE: ICE) announced that Raymond James Bank will use its Encompass end-to-end digital lending platform for mortgage origination. The decision came after an independent review of multiple competing solutions. Raymond James Bank, an affiliate of NYSE-listed Raymond James Financial, Inc. (NYSE:RJF), already uses ICE Data Services and other ICE solutions, making the interconnectivity of Encompass a natural fit. ICE Mortgage Technology President, Tim Bowler, expressed confidence in their system's ability to support the lending needs of high net-worth borrowers across retail and delegated correspondent lending channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
none
Rhea-AI Summary
Raymond James Financial, Inc. (RJF) reported record client assets under administration of $1.37 trillion and record financial assets under management of $215 billion, up 17% and 16%, respectively, over December 2022. Quarterly net revenues were $3.01 billion, up 8% over the prior year’s fiscal first quarter. Annualized return on common equity was 19.1% and annualized adjusted return on tangible common equity was 23.8% for the fiscal first quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.17%
Tags
-
Rhea-AI Summary
Velocity Clearing LLC has entered into a Prime Brokerage services referral agreement with Raymond James Financial (NYSE: RJF). This agreement allows Raymond James to introduce Velocity's Prime Brokerage Services to their institutional client base, providing core custody, clearance & settlement, financing, and securities lending. The partnership aims to offer a meaningful value-add option for Raymond James' institutional client partnerships and includes access to multiple balance sheets and product mix, as well as deep expertise in securities lending.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
none
-
Rhea-AI Summary
First Trust Advisors L.P. has launched a new actively managed ETF, the FT Raymond James Multicap Growth Equity ETF (NYSE Arca: RJMG), seeking long-term capital appreciation. The ETF invests in U.S.-listed equity securities with growth characteristics rated 'Strong Buy' or 'Outperform' by Raymond James Equity Research. The fund's model portfolio is developed and overseen by Raymond James, providing investors exposure to their highest conviction ideas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
none
Rhea-AI Summary
Raymond James Financial, Inc. (NYSE: RJF) has declared a 7.1% increase in its quarterly cash dividend on common stock to $0.45 per share, payable on January 16, 2024. Additionally, the Board authorized a $1.5 billion share repurchase, replacing the previous authorization of the same amount announced in December 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
Tags
buyback dividends
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Rhea-AI Summary
Raymond James Financial reports record annual net revenues and net income for fiscal 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.98%
Tags
-
Rhea-AI Summary
TriState Capital Bank recognized as top-performing equipment finance company with 44.9% YOY growth in total assets
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
none
Rhea-AI Summary
J.P. Morgan Asset Management and 55ip partner with Raymond James Financial to integrate tax management technology across its managed account platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
none
Raymond James Financial, Inc.

NYSE:RJF

RJF Rankings

RJF Stock Data

25.62B
187.84M
9.8%
75.53%
2.04%
Investment Banking and Securities Dealing
Finance and Insurance
Link
US
St Petersburg

About RJF

founded in 1962 and a public company since 1983, raymond james is a florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management. the firm's stock is traded on the new york stock exchange (rjf). through its three broker/dealer subsidiaries, raymond james financial has approximately 6,600 financial advisors serving in excess of 2.7 million client accounts in more than 2,700 locations throughout the united states, canada and overseas. total client assets are approximately $504 billion. raymond james has been recognized nationally for its community support and corporate philanthropy. the company has been ranked as one of the best in the country in customer service, as a great place to work and as a national leader in support of the arts.