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The Institutional Risk Analyst

© 2003-2024 | Whalen Global Advisors LLC  All Rights Reserved in All Media |  ISSN 2692-1812 

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Writer's pictureR. Christopher Whalen

Profile: Raymond James Financial

Updated: Feb 5, 2022

November 18, 2021 | In this Premium Service edition of The Institutional Risk Analyst, we look at a small but highly profitable bank holding company (BHC), Raymond James Financial (RJF), the 47th largest banking group in the US and a comp for larger specialty BHCs such as Charles Schwab (SCHW). RJF is one of those quiet high-performer banks in the investment world that few understand but many own in LT portfolio, resulting in a 2.6x multiple to book value.

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