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Raymond James Financial Shows Strong Asset Growth in November
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Raymond James Financial Shows Strong Asset Growth in November

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An announcement from Raymond James Financial ( (RJF) ) is now available.

Raymond James Financial reported its November 2024 operating data, noting a 21% year-over-year increase in client assets under administration, driven by higher equity markets and modest net inflows. Despite previous setbacks from the loss of a large branch, the firm observed stability in cash sweep balances and growth in bank loans, with a healthy investment banking pipeline, indicating strong operational resilience and positive market positioning.

More about Raymond James Financial

Raymond James Financial, Inc. is a diversified financial services company offering private client group, capital markets, asset management, and banking services to individuals, corporations, and municipalities. The firm, public since 1983 and listed on the NYSE under the symbol RJF, manages total client assets of $1.6 trillion and has approximately 8,800 financial advisors.

YTD Price Performance: 43.17%

Average Trading Volume: 1,227,256

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $32.22B

For an in-depth examination of RJF stock, go to TipRanks’ Stock Analysis page.

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