Investor Presentaiton
Financial targets
Compensation
Ratio(1)
< 66%
KEY ASSUMPTIONS:
Adjusted
Pre-Tax
Margin (1).(2)
Adjusted
Return on
Equity(2)
Adjusted Return
on Tangible
Common Equity(2)
19%-20%+
•
16%-17%
•
19%-20%
Current equity markets
Business volumes comparable to second fiscal quarter
•
Assumes forward rate curve over next 12 months
Targets include impact of TriState Capital Holdings,
Inc. acquisition which is expected to close by end of
fiscal third quarter 2022
82
Note: These targets are operating targets that exclude any potential non-GAAP items. Achieving these targets could be impacted by various factors. 1. On net revenues.
2. This is a non-GAAP measure. See the schedules in the Appendix of this presentation for a reconciliation of our non-GAAP measures to the most directly comparable
GAAP measures and for more information on these measures.
RAYMOND JAMESView entire presentation