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Raymond James profit gains 27% on record revenue
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Raymond James profit gains 27% on record revenue
Jul 24, 2024 1:59 PM

July 24 (Reuters) - Raymond James Financial's ( RJF )

profit rose 27% in its third fiscal quarter fueled by record

revenue, client assets and bank loans, it reported on Wednesday.

The investment banking and brokerage firm said adjusted net

income available to common stockholders increased to $508

million, or $2.39 per share, from $399 million, or $1.85 per

share, a year earlier.

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