REGULATORY CAPITAL REQUIREMENTS (Tables)

12 Months Ended

Sep. 30, 2025

Regulatory Capital Requirement [Abstract]

Summary of Regulatory Capital Requirements

The following table presents regulatory capital ratio requirements for RJF as of September 30, 2025 and 2024.

	Required ratio (1)		Well-capitalized		September 30, 2025				September 30, 2024
$ in millions					Ratio		Amount		Ratio		Amount
RJF:
Tier 1 leverage	4.0	%	N/A (2)		13.1	%	$	11,156	12.8	%	$	10,383
Tier 1 capital	8.5	%	6.0	%	23.0	%	$	11,156	22.8	%	$	10,383
CET1 capital	7.0	%	N/A (2)		22.9	%	$	11,081	22.6	%	$	10,307
Total capital	10.5	%	10.0	%	24.1	%	$	11,687	24.1	%	$	11,001

(1)The required ratio for tier 1 capital, CET1 capital, and total capital reflect our minimum risk-based capital requirements plus a 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 (“RJB”) and TriState Capital Bank (“TSC”) must, among other things, qualify as “well-capitalized.” The following table presents regulatory capital ratio requirements for RJB and TSC as of September 2025 and September 2024. 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, 2025				September 30, 2024
$ in millions					Ratio		Amount		Ratio		Amount
Raymond James Bank:
Tier 1 leverage	4.0	%	5.0	%	8.0	%	$	3,434	8.1	%	$	3,401
Tier 1 capital	8.5	%	8.0	%	13.9	%	$	3,434	14.4	%	$	3,401
CET1 capital	7.0	%	6.5	%	13.9	%	$	3,434	14.4	%	$	3,401
Total capital	10.5	%	10.0	%	15.2	%	$	3,743	15.7	%	$	3,698
TriState Capital Bank:
Tier 1 leverage	4.0	%	5.0	%	7.6	%	$	1,661	7.5	%	$	1,505
Tier 1 capital	8.5	%	8.0	%	16.8	%	$	1,661	16.9	%	$	1,505
CET1 capital	7.0	%	6.5	%	16.8	%	$	1,661	16.9	%	$	1,505
Total capital	10.5	%	10.0	%	17.5	%	$	1,732	17.5	%	$	1,558

(1)The required ratio for tier 1 capital, CET1 capital, and total capital reflect our minimum risk-based capital requirements plus a capital conservation buffer of 2.5%.

Schedule of Net Capital Position of RJ&A

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

	September 30,
$ in millions	2025			2024
Raymond James & Associates, Inc.:
(Alternative Method elected)
Net capital as a percent of aggregate debit items	30.3		%	33.6		%
Net capital	$	1,030		$	1,019
Less: required net capital	(68)			(61)
Excess net capital	$	962		$	958