REGULATORY CAPITAL REQUIREMENTS (Tables)

12 Months Ended

Sep. 30, 2024

Regulatory Capital Requirement [Abstract]

Summary of Minimum Requirements Under Regulatory Framework

To meet the requirements for capital adequacy or to be categorized as “well-capitalized,” RJF must maintain tier 1 leverage, tier 1 capital, CET1, and total capital amounts and ratios as set forth in the following table.

	Required ratio (1)		Well-capitalized		September 30, 2024				September 30, 2023
$ in millions					Ratio		Amount		Ratio		Amount
RJF:
Tier 1 leverage	4.0	%	N/A (2)		12.8	%	$	10,383	11.9	%	$	9,321
Tier 1 capital	8.5	%	6.0	%	22.8	%	$	10,383	21.4	%	$	9,321
CET1	7.0	%	N/A (2)		22.6	%	$	10,307	21.2	%	$	9,245
Total capital	10.5	%	10.0	%	24.1	%	$	11,001	22.8	%	$	9,934

(1)Requirements for tier 1 capital, CET1, and total capital included a required capital conservation buffer of 2.5%.

(2)The Fed’s regulations do not establish well-capitalized thresholds for these measures for BHCs.

For RJF to maintain its status as a financial holding company, Raymond James Bank and TriState Capital Bank must, among other things, qualify as “well-capitalized.” To meet the requirements for capital adequacy or to be categorized as “well-capitalized,” Raymond James Bank and TriState Capital Bank must maintain tier 1 leverage, tier 1 capital, CET1, and total capital amounts and ratios as set forth in the following table. Our banks’ failure to remain well-capitalized could result in certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a material effect on our financial statements.

	Required ratio (1)		Well-capitalized		September 30, 2024				September 30, 2023
$ in millions					Ratio		Amount		Ratio		Amount
Raymond James Bank:
Tier 1 leverage	4.0	%	5.0	%	8.1	%	$	3,401	7.8	%	$	3,355
Tier 1 capital	8.5	%	8.0	%	14.4	%	$	3,401	13.7	%	$	3,355
CET1	7.0	%	6.5	%	14.4	%	$	3,401	13.7	%	$	3,355
Total capital	10.5	%	10.0	%	15.7	%	$	3,698	15.0	%	$	3,662
TriState Capital Bank:
Tier 1 leverage	4.0	%	5.0	%	7.5	%	$	1,505	7.2	%	$	1,290
Tier 1 capital	8.5	%	8.0	%	16.9	%	$	1,505	14.8	%	$	1,290
CET1	7.0	%	6.5	%	16.9	%	$	1,505	14.8	%	$	1,290
Total capital	10.5	%	10.0	%	17.5	%	$	1,558	15.3	%	$	1,333

(1)Requirements for tier 1 capital, CET1, and total capital included a capital conservation buffer of 2.5%.

Net Capital and Risk Adjusted Capital Positions of Certain Businesses and Subsidiaries

The following table presents the net capital position of RJ&A.

	September 30,
$ in millions	2024			2023
Raymond James & Associates, Inc.:
(Alternative Method elected)
Net capital as a percent of aggregate debit items	33.6		%	43.3		%
Net capital	$	1,019		$	1,035
Less: required net capital	(61)			(48)
Excess net capital	$	958		$	987