Raymond James Financial Reports Third Quarter of Fiscal

• Domestic Private Client Group net new asset⁽¹⁾ growth of 9.4% over the prior 12 months and 5.4% annualized for the fiscal third quarter
• Quarterly net revenues of $2.72 billion, up 10% over the prior year’s fiscal third quarter and 2% over the preceding quarter
• Quarterly net income available to common shareholders of $299 million, or $1.38 per diluted share, and quarterly adjusted net income available to common shareholders of $348 million⁽²⁾, or $1.61 per diluted share⁽²⁾
• Client assets under administration of $1.13 trillion and financial assets under management of $182.4 billion⁽³⁾
• Record net loans in the Bank segment⁽⁴⁾ of $41.8 billion⁽³⁾, which includes 8% sequential growth at Raymond James Bank and $11.8 billion of loans acquired with TriState Capital Bank⁽⁴⁾, up 75% over June 2021 and 50% over March 2022
• Net interest income and Raymond James Bank Deposit Program (“RJBDP”) fees from third-party banks of $370 million during the quarter, up 102% over the prior year’s fiscal third quarter and 65% over the preceding quarter
• For the first 9 months of fiscal 2022, annualized return on common equity of 16.3%, annualized return on tangible common equity of 18.7%⁽²⁾, and annualized adjusted return on tangible common equity of 20.1%⁽²⁾

Raymond James Financial, Inc. (NYSE: RJF) today reported net revenues of $2.72 billion and net income available to common shareholders of $299 million, or $1.38 per diluted…