Raymond James Financial
Open
$158.63
Prev. Close
$158.59
High
$158.67
Low
$158.63
Market Snapshot
$30.6B
14.6
10.50
$13.35B
Raymond James Financial, Inc. is an investment holding company, which engages in the provision of financial and investment services. The company is headquartered in St. Petersburg, Florida and currently employs 19,500 full-time employees. The firm's segments include Private Client Group (PCG), Capital Markets, Asset Management, Bank and Other. PCG segment provides financial planning, investment advisory, and securities transaction services to clients through financial advisors. Capital Markets segment conducts investment banking, institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. Asset Management segment provides asset management, portfolio management and related administrative services to retail and institutional clients. Bank segment includes Raymond James Bank, a Florida-chartered state member bank, and TriState Capital Bank, a Pennsylvania-chartered state member bank. Other segment includes corporate cash balances and its private equity investments.
Raymond James Financial's Q2 growth and $500 million buyback prompted a 10.17% surge in its share price, reflecting strong investor confidence and market performance.
Raymond James Financial, Inc. is an investment holding company, which engages in the provision of financial and investment services. The company is headquartered in St. Petersburg, Florida and currently employs 19,500 full-time employees. The firm's segments include Private Client Group (PCG), Capital Markets, Asset Management, Bank and Other. PCG segment provides financial planning, investment advisory, and securities transaction services to clients through financial advisors. Capital Markets segment conducts investment banking, institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. Asset Management segment provides asset management, portfolio management and related administrative services to retail and institutional clients. Bank segment includes Raymond James Bank, a Florida-chartered state member bank, and TriState Capital Bank, a Pennsylvania-chartered state member bank. Other segment includes corporate cash balances and its private equity investments.
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