Raymond James Financial (RJF) Revenue — Quarter Ended Dec 31, 2024
Revenue increased compared to the prior quarter and rose sharply from the same quarter a year earlier. The growth was driven by higher asset management and brokerage revenues.
Key takeaway
Quarter ended Dec 31, 2024 · FY2025 Q1
Revenue increased compared to the prior quarter and rose sharply from the same quarter a year earlier. The growth was driven by higher asset management and brokerage revenues.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4B
Revenue reported for this quarter.
Quarter-over-quarter
+0.8%
Change from the immediately preceding quarter.
Year-over-year
+14.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $3.6B | +15.2% |
| Jun 30, 2024 | $3.8B | +14.2% |
| Sep 30, 2024 | $4B | +13.9% |
| Dec 31, 2024 | $4B | +14.6% |
Revenue performance
Total revenues rose from the immediately preceding quarter and showed a strong increase year over year. Asset management and related administrative fees, along with brokerage revenues, contributed to the upward trend.
Quarterly comparison
Compared to the prior quarter, revenue improved modestly. On a year-over-year basis, revenue was substantially higher, reflecting broad-based gains across several revenue lines.
What to watch
Interest income methodology changes may affect comparability of future revenue allocations.