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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Sep. 30, 2022
Assets:    
Cash and cash equivalents $ 8,663 $ 6,178
Assets segregated for regulatory purposes and restricted cash 4,697 8,481
Collateralized agreements 379 704
Financial instruments, at fair value:    
Trading assets ($935 and $1,188 pledged as collateral) 993 1,270
Available-for-sale securities ($26 and $74 pledged as collateral) 9,773 9,885
Derivative assets 91 188
Other investments ($21 and $14 pledged as collateral) 318 292
Brokerage client receivables, net 2,575 2,934
Other receivables, net 1,711 1,615
Bank loans, net 43,683 43,239
Loans to financial advisors, net 1,108 1,152
Deferred income taxes, net 573 630
Goodwill and identifiable intangible assets, net 1,932 1,931
Other assets 2,684 2,452
Total assets 79,180 80,951
Liabilities and shareholders’ equity:    
Bank deposits 54,229 51,357
Collateralized financings 327 466
Financial instrument liabilities, at fair value:    
Trading liabilities 710 836
Derivative liabilities 351 530
Brokerage client payables 6,848 11,446
Accrued compensation, commissions and benefits 1,461 1,787
Other payables 1,597 1,768
Other borrowings 1,650 1,291
Senior notes payable 2,038 2,038
Total liabilities 69,211 71,519
Commitments and contingencies (see Note 16)
Shareholders’ equity    
Preferred stock 120 120
Common stock; $.01 par value; 650,000,000 shares authorized; 248,323,901 shares issued and 211,581,156 shares outstanding as of March 31, 2023; 248,018,564 shares issued and 215,122,523 shares outstanding as of September 30, 2022 2 2
Additional paid-in capital 3,035 2,987
Retained earnings 9,590 8,843
Treasury stock, at cost; 36,742,745 and 32,896,041 common shares as of March 31, 2023 and September 30, 2022, respectively (1,954) (1,512)
Accumulated other comprehensive loss (798) (982)
Total equity attributable to Raymond James Financial, Inc. 9,995 9,458
Noncontrolling interests (26) (26)
Total shareholders’ equity 9,969 9,432
Total liabilities and shareholders’ equity $ 79,180 $ 80,951