Raymond James names Scott Curtis to lead banking. Raymond James stock yields 1.34 percent

Published on 10/07/2026 at 02:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached USD 3.93 billion, up 16.00 percent year over year. Raymond James stock yields 1.34 percent before October 28, 2026 results.

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Raymond James (ISIN US7547301090) announced that Scott Curtis will lead its Bank Segment from January 1, 2027, while fiscal third-quarter revenue reached USD 3.93 billion, up 16.00 percent year over year. GlobeNewswire reported the leadership plan on September 15, 2026, while ScanX reported the revenue comparison for the quarter ended June 30, 2026.

Succession starts in 2027

Steve Raney will move into an executive consulting role after 21 years leading the banking business. Curtis, Raymond James' chief operating officer, will take over the Bank Segment as part of the company's long-term succession plan, while Raney remains chair of the Raymond James Bank board.

The change is broader than a single handover. Tarek Helal, chief strategy officer, will also oversee Asset Management Services from January 1, 2027, adding a second operating responsibility to the leadership reshuffle.

Quarterly numbers remain strong

Raymond James generated USD 595.0 million in net income during fiscal third quarter 2026, up 22.00 percent from the prior-year quarter, according to ScanX. Adjusted earnings per diluted share reached USD 3.14, compared with consensus of USD 2.94, while the Private Client Group produced USD 2.84 billion in quarterly revenue, up 14.00 percent year over year.

The bank segment delivered USD 206.0 million in pretax income and USD 488.0 million in revenue in fiscal third quarter 2026. Bank loans ended the period at USD 56.2 billion, up 34.00 percent year over year, making the segment's scale central to the succession question.

Stock context and next date

The primary-exchange context was USD 159.53 at 4:00 p.m. ET on October 6, 2026, after hours, with a 52-week range of USD 138.82 to USD 182.73. The price stood 12.70 percent below the 52-week high, while market capitalization was USD 30.6 billion on the same date.

Raymond James stock carries a 1.34 percent dividend yield, and Investing.com lists October 28, 2026 as the next earnings date. For investors, the next report will provide the first operating update after the announced management transition takes effect.

Euro reference stays dated

The prior close at Lang & Schwarz was EUR 141.58 for October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Raymond James stock.