RJFRaymond James Financial, Inc.

$29B

Q3 2020 Earnings

Financial Services Financial - Capital Markets

Income Statement

Revenue

$1.9B-6.2% YoY

Gross Profit

$1.7B93.4% margin

Operating Income

$198M10.7% margin

Net Income

$172M9.3% margin

EPS (Diluted)

$0.82

QoQ Revenue Growth

-11.1%

Cash Flow

Operating Cash Flow

-$288M

Free Cash Flow

-$314M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$44.7B

Total Liabilities

$37.7B

Stockholders' Equity

$7.0B

Cash & Equivalents

$5.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$2.0B	-6.2%
Gross Profit	$1.7B	$1.9B	-9.3%
Operating Income	$198M	$342M	-42.1%
Net Income	$172M	$259M	-33.6%

Revenue Segments

Asset Management And Related Administrative Fee Revenue

$867M41%

Brokerage Revenue, Securities Commissions

$343M16%

Investment Banking Revenue

$139M7%

Brokerage Revenue, Securities Commissions, Mutual And Other Fund Products

$134M6%

Account And Service Fee Revenue

$134M6%

Equities, ETFs And Fixed Income Products

$121M6%

Brokerage Revenue, Securities Commissions, Insurance And Annuity Products

$88M4%

Account And Service Fee Revenue, Mutual Fund And Annuity Services Fees

$83M4%

Investment Banking Revenue, Mergers And Acquisition And Advisory

$60M3%

Investment Banking Revenue, Equity Underwriting

$42M2%

Investment Banking Revenue, Debt Underwriting

$37M2%

Account And Service Fee Revenue, Client Account And Other Fees

$31M1%

Account And Service Fee Revenue, RJBDP Fees

$20M1%

Other Revenue, Tax Credit Fund Revenues

$20M1%

Geographic Segments

UNITED STATES

$1.7B93%

CANADA

$86M5%

Europe

$42M2%