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With a market cap of $34 billion, Raymond James Financial, Inc. (RJF) is a diversified financial services company providing a wide range of services, including investment banking, asset management, banking, and private client services. The Saint Petersburg, Florida-based company operates through various subsidiaries in the United States, Canada, and Europe, serving individuals, corporations, and municipalities.
Shares of Raymond James Financial have outperformed the broader market over the past 52 weeks. RJF has increased 57.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31.5%. In 2024, shares of RJF are up 49.4%, compared to SPX’s 25.7% gain on a YTD basis.