Exhibit 99..1
Release No. 0707-05 FOR IMMEDIATE RELEASE
July 27, 2007
RAYMOND JAMES FINANCIAL, INC.
ANNOUNCES REVISED SEGMENT DATA
ST. PETERSBURG, Fla. – Raymond James Financial, Inc. (NYSE – RJF) today released the following table of revised segment data for the June 2007 quarter and year-to-date, reflecting the correction of an allocation error in the original release made on Tuesday, July 24.
| | Three Months Ended | | Nine Months Ended |
| | June 30, | | June 30, | | | | June 30, | | June 30, | | |
| | 2007 | | 2006 | | % Change | | 2007 | | 2006 | | % Change |
Revenues: | | | | | | | | | | | |
| Private Client Group | $ 499,475 | | $ 458,622 | | 9% | | $ 1,421,824 | | $ 1,251,272 | | 14% |
| Capital Markets | 146,383 | | 133,004 | | 10% | | 373,508 | | 361,796 | | 3% |
| Asset Management | 59,667 | | 54,692 | | 9% | | 182,497 | | 156,022 | | 17% |
| RJBank | 79,221 | | 28,457 | | 178% | | 186,000 | | 68,975 | | 170% |
| Emerging Markets | 14,676 | | 17,511 | | (16%) | | 43,126 | | 43,360 | | (1%) |
| Stock Loan/ Borrow | 19,573 | | 16,850 | | 16% | | 49,284 | | 42,605 | | 16% |
| Other | 3,758 | | 5,529 | | (32%) | | 14,414 | | 29,055 | | (50%) |
| Total | $ 822,753 | | $ 714,665 | | 15% | | $ 2,270,653 | | $ 1,953,085 | | 16% |
| | | | | | | | | | | | |
Pre-tax Income: | | | | | | | | | | | |
| Private Client Group | $ 56,158 | | $ 54,246 | | 4% | | $ 161,527 | | $ 129,588 | | 25% |
| Capital Markets | 25,571 | | 20,904 | | 22% | | 53,022 | | 57,564 | | (8%) |
| Asset Management | 15,778 | | 12,955 | | 22% | | 47,233 | | 35,072 | | 35% |
| RJBank | 8,729 | | 4,632 | | 88% | | 24,962 | | 10,058 | | 148% |
| Emerging Markets | (2,931) | | 3,830 | | (177%) | | 1,674 | | 7,393 | | (77%) |
| Stock Loan/ Borrow | 1,421 | | 2,422 | | (41%) | | 2,995 | | 6,970 | | (57%) |
| Other | 5,172 | | (2,487) | | 308% | | 5,206 | | 16,502 | | (68%) |
| Pre-tax Income | $ 109,898 | | $ 96,502 | | 14% | | $ 296,619 | | $ 263,147 | | 13% |
Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd., have more than 4,640 financial advisors serving approximately 1.6 million accounts in 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $207 billion, of which $36.1 billion are managed by the firm’s asset management subsidiaries.
To the extent that Raymond James makes or publishes forward-looking statements (regarding economic conditions, management expectations, strategic objectives, business prospects, anticipated expense savings, financial results, anticipated results of litigation and regulatory proceedings, and other similar matters), a variety of factors, many of which are beyond Raymond James’ control, could cause actual results and experiences to differ materially from the expectations and objectives expressed in these statements. These factors are described in Raymond James’ 2006 annual report on Form 10-K and quarterly reports for the quarters ended December 31, 2006 and March 31, 2007 on Form 10-Q, which are available on raymondjames.com and sec.gov.
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For more information, contact Tracey Bustamante at 727-567-2824.
Please visit the Raymond James Press Center at raymondjames.com/media.
