FinEdge Labs
R

RJF

RJFUnverified
6 segments tracked|7 years of data|Annual (10-K)
Total Revenue
$14.5B17.2%
FY2025
Operating Segments
6
Active segments
Blended Margin
18.3%
Operating margin
Highest Margin
41.0%
Asset Management
Segment Shift

Asset Management has grown from 8.6% to 7.1% of total revenue since FY2019, with 41.0% operating margins. Meanwhile, Bank is the fastest growing at 0.0% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
Private Client Group$9.5B$1.8B18.9%65.1%-1.2%
Bank$1.7B$380M22.1%11.8%+0.0%
Capital Markets$1.5B$67M4.6%10.1%-6.5%
Asset Management$1.0B$421M41.0%7.1%+0.0%
Rj Bank$848M$00.0%5.8%-76.1%

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