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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Sep. 30, 2022
Assets:    
Cash and cash equivalents $ 8,375 $ 6,178
Assets segregated for regulatory purposes and restricted cash 3,839 8,481
Collateralized agreements 410 704
Financial instruments, at fair value:    
Trading assets ($980 and $1,188 pledged as collateral) 1,156 1,270
Available-for-sale securities ($23 and $74 pledged as collateral) 9,566 9,885
Derivative assets 229 188
Other investments ($6 and $14 pledged as collateral) 306 292
Brokerage client receivables, net 2,364 2,934
Other receivables, net 1,612 1,615
Bank loans, net 43,345 43,239
Loans to financial advisors, net 1,122 1,152
Deferred income taxes, net 612 630
Goodwill and identifiable intangible assets, net 1,928 1,931
Other assets 2,769 2,452
Total assets 77,633 80,951
Liabilities and shareholders’ equity:    
Bank deposits 53,768 51,357
Collateralized financings 181 466
Financial instrument liabilities, at fair value:    
Trading liabilities 768 836
Derivative liabilities 393 530
Brokerage client payables 6,035 11,446
Accrued compensation, commissions and benefits 1,700 1,787
Other payables 1,727 1,768
Other borrowings 1,100 1,291
Senior notes payable 2,039 2,038
Total liabilities 67,711 71,519
Commitments and contingencies (see Note 16)
Shareholders’ equity    
Preferred stock 79 120
Common stock; $.01 par value; 650,000,000 shares authorized; 248,561,711 shares issued and 208,498,326 shares outstanding as of June 30, 2023; 248,018,564 shares issued and 215,122,523 shares outstanding as of September 30, 2022 2 2
Additional paid-in capital 3,099 2,987
Retained earnings 9,870 8,843
Treasury stock, at cost; 40,063,385 and 32,896,041 common shares as of June 30, 2023 and September 30, 2022, respectively (2,259) (1,512)
Accumulated other comprehensive loss (842) (982)
Total equity attributable to Raymond James Financial, Inc. 9,949 9,458
Noncontrolling interests (27) (26)
Total shareholders’ equity 9,922 9,432
Total liabilities and shareholders’ equity $ 77,633 $ 80,951