Raymond James Financial RJF
NYSE RJF
$175.45 -1.10 (-0.62%)
As of: Sep 9, 2026 · 3:59 PM EDT

Raymond James Financial (RJF) Operating Expenses (2009 - 2026)

Raymond James Financial's (RJF) quarterly Operating Expenses came in at $3.2 billion in Q2 2026, up 12.1% on a YoY basis from $2.8 billion in Q2 2025, and up 1.73% quarter-over-quarter from $3.1 billion in Q1 2026.

Analysis

Raymond James Financial (RJF) Operating Expenses (2009 - 2026) Analysis & Trends

Raymond James Financial (RJF) has reported Operating Expenses for 18 consecutive years, with $3.2 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 12.1% year-over-year to $3.2 billion; the trailing twelve-month figure through Jun 2026 stood at $12.3 billion (up 11.29% YoY), and the FY2025 full-year result was $11.4 billion, up 11.52% from the prior year.
  • Operating Expenses climbed to $3.2 billion in Q2 2026 per RJF's latest filing, from $3.1 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $3.2 billion in Q2 2026 and bottomed at $2.1 billion in Q4 2022.
  • Historically, Operating Expenses has averaged $2.6 billion across 5 years, with a median of $2.5 billion in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses declined 4.0% in 2022, then grew 17.0% in 2024.
  • Over 5 years, Operating Expenses stood at $2.1 billion in 2022, then gained by 11.67% to $2.4 billion in 2023, then gained by 17.0% to $2.8 billion in 2024, then climbed by 7.86% to $3.0 billion in 2025, then rose by 5.69% to $3.2 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $3.2 billion, $3.1 billion, and $3.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of America 2,119.43 Bn 1,530.93 Bn 30.39 Bn 18.63 Bn
2 Morgan Stanley 342.23 Bn 182.09 Bn - 13.90 Bn
3 Goldman Sachs 302.60 Bn -673.74 Bn - 11.67 Bn
4 Mitsubishi Ufj Financial 296.69 Bn -87.63 Bn 10.89 Bn 17.50 Bn
5 Royal Bank Of Canada 295.00 Bn 68.16 Bn - 7.02 Bn
6 Wells Fargo & Company 272.35 Bn 70.52 Bn - 13.66 Bn
7 American Express 220.11 Bn 170.79 Bn 17.99 Bn 14.48 Bn
8 Banco Santander 214.76 Bn 222.37 Bn 28.01 Bn -7.44 Bn
9 Toronto Dominion Bank 205.51 Bn 44.18 Bn - 6.08 Bn
10 Raymond James Financial 34.26 Bn 21.09 Bn - 3.18 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.18 Bn
Mar 31, 2026 3.12 Bn
Dec 31, 2025 3.01 Bn
Sep 30, 2025 3.00 Bn
Jun 30, 2025 2.84 Bn
Mar 31, 2025 2.73 Bn
Dec 31, 2024 2.79 Bn
Sep 30, 2024 2.70 Bn
Jun 30, 2024 2.58 Bn
Mar 31, 2024 2.51 Bn
Dec 31, 2023 2.38 Bn
Sep 30, 2023 2.47 Bn
Jun 30, 2023 2.42 Bn
Mar 31, 2023 2.32 Bn
Dec 31, 2022 2.13 Bn
Sep 30, 2022 2.22 Bn
Jun 30, 2022 2.30 Bn
Mar 31, 2022 2.24 Bn
Dec 31, 2021 2.22 Bn
Sep 30, 2021 2.14 Bn