Analysts project Raymond James Financial’s first-quarter earnings per share to rise by approximately 10% year-over-year, driven by stronger fee revenues and net interest income. Consensus revenue estimates center around $3.2 billion, reflecting an anticipated 8% increase in advisory and underwriting fees. Operating expenses are forecast to grow modestly, by about 4%, as the firm continues to invest in technology and compliance. Return on equity is expected to expand to roughly 15.5%, up from 14.2% in the year-ago quarter, as margin leverage on higher revenues offsets increased staffing costs.

At December 31, 2025, Raymond James reported total client assets of $1.77 trillion, representing a 6% advance from the prior quarter. Preliminary data suggest net new client asset inflows of $5.0 billion in Q1, led by the private client group. Financial advisors numbered approximately 8,100 at quarter-end, up 3% sequentially. Average assets under management per advisor climbed to $218 million, reflecting both market appreciation and successful recruitment of high-net-worth teams.

Raymond James Financial will release its first-quarter fiscal 2026 results on January 28, 2026, at 4:15 p.m. Eastern, followed by a live conference call at 5:00 p.m. Eastern. Subsequent release dates are April 22, July 22 and October 28, 2026, with conference calls beginning 45 minutes after each release. Presentation materials and dial-in details will be accessible via the firm’s Investor Relations website, and webcasts will remain available for replay for 30 days following each event.