Investor Presentaiton
Reconciliation of non-GAAP financial measures to GAAP financial
measures
Six months ended
Twelve months ended
$ in millions, except per share amounts
March 31, 2021
March 31, 2022
September 30, 2016 September 30, 2017 September 30, 2018 September 30, 2019 September 30, 2020 September 30, 2021
Earnings per common share (9) (10):
Basic
$
3.23
$
3.71
$
2.48 $
2.95
$
3.93
$
4.88
$
3.96
$
6.81
Diluted
$
3.16
$
3.61
$
2.44
$
2.89
$
3.84
$
4.78
$
3.88
$
6.63
Adjusted earnings per common share (9) (10):
Adjusted basic
$
3.24
$
3.77
$
2.67
$
3.57
$
4.42
$
5.04
$
4.15
$
7.24
Adjusted diluted
$
3.17 $
3.67
$
2.62
$
3.49
$
4.31
$
4.94
$
4.08
$
7.05
Weghted average common shares outstanding - basic (10)
206.0
207.0
212.7
215.0
218.0
211.5
206.4
205.7
Weighted average common shares outstanding - diluted (10)
210.6
212.6
216.8
219.9
223.2
216.0
210.3
211.2
Average equity (11)
7,356
8,482
4,696
5,235
5,949
6,392
6,860
7,635
Adjusted average equity (11)
7,357
8,488
4,708
5,310
6,043
6,408
6,868
7,669
Return on equity (12)
18.1%
18.1%
11.3%
12.2%
14.4%
16.2%
11.9%
18.4%
Adjusted return on equity (12)
18.2%
18.4%
12.1%
14.5%
16.0%
16.7%
12.5%
19.5%
Book value per share (10) (13)
As of
$ in millions, except per share amounts
March 31, 2021
March 31, 2022
Total equity attributable to Raymond James Financial, Inc.
$
7,592
$
8,602
Less non-GAAP adjustments:
Goodwill and identifiable intangible assets, net
868
1,110
Deferred tax liabilities, net
(56)
(88)
Tangible common equity attributable to Raymond James Financial, Inc.
$
6,780
$
7,580
Common shares outstanding (10)
205.8
207.9
Book value per share (10) (13)
$
36.89
$
41.38
Tangible book value per share (10) (13)
$
32.94
$
36.46
95
RAYMOND JAMESView entire presentation