Raymond James Financial Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents

Raymond James Financial Inc Q1 2022 Earnings Call Summary

Raymond James Financial Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents
Raymond James Financial Inc Q1 2022 Earnings Call Summary
Published Jan 27, 2022
15 pages (9271 words) — Published Jan 27, 2022
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About This Report

  
Abstract:

Edited Brief of RJF.N earnings conference call or presentation 27-Jan-22 1:15pm GMT

  
Brief Excerpt:

...Started off FY22 with record quarterly revenues and earnings that were propelled by: 1. Record investment banking revenues. a. b. Record asset management and related administrative fees in Private Client Group. 2. Net revenues $2.8b; a record. 3. Net income $446m, or diluted EPS of $2.10; a record. 42% increase over 1Q21 diluted EPS. a. 4. Adjusted net income (excluding $6m of acquisition related expenses) $451m, or diluted EPS of $2.12. 5. Annualized ROE 21.2%. 6. Adjusted annualized return on tangible common equity 23.7%. Impressive result, especially in this near zero rate environment and given Co.'s strong capital positions. a. 7. Ended 1Q22 with: a. Record total client assets under administration of $1.26t. Up 23% YoverY and 7% sequentially. i. b. Record PCG assets in fee-based accounts of $678b, up 8% sequentially. c. Record clients' domestic cash sweep balances of $73.5b. d. Record financial assets under management of $203b. B. Advisor Performance: Through client-focused culture...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Raymond James Financial Inc
Ticker
RJF.N
Time
1:15pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Christopher John Allen - Compass Point Research & Trading, LLC, Research Division - Analyst : Most of my questions have been answered already. I guess just a quick one. Just on the client cash balances obviously helped by net new asset growth and looks reasonable as a percentage of assets. I'm just wondering if you see any -- typically seasonality there towards the end of the calendar year? And any commentary just on any shift in the risk appetite from a client perspective to start this year, just given where the markets are. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JANUARY 27, 2022 / 1:15PM, RJF.N - Q1 2022 Raymond James Financial Inc Earnings Call

Table Of Contents

Raymond James Financial Inc Analyst & Investor Day Transcript – 2022-05-25 – US$ 54.00 – Edited Transcript of RJF.N corporate analyst meeting</ 25-May-22 5:00pm GMT

Raymond James Financial Inc Q2 2022 Earnings Call Summary – 2022-04-28 – US$ 54.00 – Edited Brief of RJF.N earnings conference call or presentation 28-Apr-22 12:15pm GMT

Raymond James Financial Inc Q2 2022 Earnings Call Transcript – 2022-04-28 – US$ 54.00 – Edited Transcript of RJF.N earnings conference call or presentation 28-Apr-22 12:15pm GMT

Raymond James Financial Inc at Raymond James Institutional Investors Conference Transcript – 2022-03-07 – US$ 54.00 – Edited Transcript of RJF.N presentation 7-Mar-22 3:25pm GMT

Raymond James Financial Inc Q1 2022 Earnings Call Transcript – 2022-01-27 – US$ 54.00 – Edited Transcript of RJF.N earnings conference call or presentation 27-Jan-22 1:15pm GMT

Raymond James Financial Inc Q4 2021 Earnings Call Summary – 2021-10-28 – US$ 54.00 – Edited Brief of RJF.N earnings conference call or presentation 28-Oct-21 12:15pm GMT

Raymond James Financial Inc Q4 2021 Earnings Call Transcript – 2021-10-28 – US$ 54.00 – Edited Transcript of RJF.N earnings conference call or presentation 28-Oct-21 12:15pm GMT

TriState Capital Holdings Inc Q3 2021 Earnings Call and M&A Call with Raymond James Financial Inc Summary – 2021-10-21 – US$ 54.00 – Edited Brief of RJF.N M&A conference call or presentation 21-Oct-21 12:30pm GMT

TriState Capital Holdings Inc Q3 2021 Earnings Call and M&A Call with Raymond James Financial Inc Transcript – 2021-10-21 – US$ 54.00 – Edited Transcript of RJF.N M&A conference call or presentation 21-Oct-21 12:30pm GMT

Raymond James Financial Inc Q3 2021 Earnings Call Summary – 2021-07-29 – US$ 54.00 – Edited Brief of RJF.N earnings conference call or presentation 29-Jul-21 12:15pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Raymond James Financial Inc Q1 2022 Earnings Call Summary" Jan 27, 2022. Alacra Store. May 04, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Raymond-James-Financial-Inc-Earnings-Call-B15097398>
  
APA:
Thomson StreetEvents. (2022). Raymond James Financial Inc Q1 2022 Earnings Call Summary Jan 27, 2022. New York, NY: Alacra Store. Retrieved May 04, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Raymond-James-Financial-Inc-Earnings-Call-B15097398>
  
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