- RJF's recent proposed deal to buy a leading U.K. wealth management firm was a positive surprise in terms of expanding the company's international presence.
- The two key risks that could lead to slower-than-expected organic growth for RJF in fiscal 2022 are slower-than-expected recruitment activity and lower-than-expected net interest margin.
- The market values RJF at consensus forward fiscal 2021 and 2022 normalized P/E multiples of 14.4 times and 14.8 times, respectively.
For further details see:
Raymond James Financial: Spotlight On Inorganic And Organic Growth Prospects