Raymond James Financial, Inc. (NYSE: RJF) has released its operating data for February 2025, revealing some key insights into its performance compared to the same period last year and the preceding month.
According to the report, client assets under administration stood at $1,579.2 billion as of February 28, 2025, marking a 12% increase from February 29, 2024. However, this figure represents a 1% decline compared to January 31, 2025, primarily attributed to lower equity markets in February, albeit partially offset by modest net inflows.
The Private Client Group assets under administration also saw a similar trend, reaching $1,517.9 billion, up 12% from the previous year but remaining unchanged from the preceding month.
Assets in fee-based accounts within the Private Client Group experienced a more substantial increase, reaching $896.7 billion, reflecting a 16% rise from the prior year, with no change from January 31, 2025.
Financial assets under management amounted to $251.1 billion, demonstrating a 14% increase from February 29, 2024, with no change from the preceding month.
The report also highlighted that bank loans, net, stood at $47.6 billion, representing an 8% increase from the previous year, with no change from January 31, 2025.
However, clients' domestic cash sweep and Enhanced Savings Program balances decreased to $56.6 billion, marking a 3% decline from the prior year and a 1% decrease from the preceding month.
Raymond James Financial, Inc., a leading diversified financial services company, shared these figures to provide investors with timely information about monthly developments in key performance metrics.
The company's CEO, Paul Shoukry, noted that while the investment banking pipeline remains strong, macroeconomic uncertainty has resulted in lower levels of closings in the first two months of the quarter compared to the preceding quarter.
Raymond James Financial, Inc. has been listed on the New York Stock Exchange under the symbol RJF since 1983 and offers a range of financial services, including private client group, capital markets, asset management, and banking services, to individuals, corporations, and municipalities. The firm's total client assets are reported to be $1.58 trillion.
For additional information, interested parties can visit the company's website at www.raymondjames.com. The market has reacted to these announcements by moving the company's shares 1.9% to a price of $146.42. For more information, read the company's full 8-K submission here.
