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Florida-based Raymond James Financial, Inc. (RJF) is a diversified financial services company offering a broad range of investment, banking, and advisory services to individuals, corporations, and institutions across the United States, Canada, and Europe. With a market cap of $29.6 billion, the company operates through multiple subsidiaries providing wealth management, capital markets, asset management, and banking solutions.
The company's shares have soared 42.1% over the past year, surpassing the broader S&P 500 Index’s ($SPX) 14.3% rise over the same time frame. However, RJF shares are up 6.8% on a YTD basis, lagging behind SPX’s 9.5% rise.