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Overview / Commentary
727-567-8000
710 Carillon Parkway
Saint Petersburg, FL 33716

Raymond James Bank is headquartered in Saint Petersburg and is the 3rd largest bank in the state of Florida. It is also the 102nd largest bank in the nation. It was established in 1994 and as of December of 2013, it had grown to 170 employees at 1 location. Raymond James Bank has a A+ health rating.

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Top 5-Year CD Rate at Raymond James Bank - Available Nationwide - 7/22/2013

Raymond James Bank is again offering a top CD rate. It has a 2.00% APY 5-year CD. Minimum deposit is $1,000. This rate is listed in the bank's rates page as of 7/22/2013. I was told that CD rates are ...



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Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Raymond James Bank had $100.49 million in non-current loans and owned real-estate with $1.28 billion in equity and loan loss allowances on hand to cover it. This gives Raymond James Bank a Texas Ratio of 7.87% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Raymond James Bank decreased slightly from 9.47% as of December 31, 2012 to 7.87% as of December 31, 2013, resulting in a positive change of 16.91%.This indicates that the balance sheet and financial strength for Raymond James Bank has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Raymond James Bank has increased its total deposits by $1.06 billion, resulting in 11.9% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Raymond James Bank has shown is excellent.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Raymond James Bank has $11.26 billion in assets with $1.28 billion in equity, resulting in a capitalization level of 11.33%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #33893
Year Established1994
Employees170
Primary RegulatorOCC
Assets and Liabilities
Assets$11.26 billion
Loans$9.31 billion
Deposits$10.01 billion
Equity Capital$1.14 billion
Loan Loss Allowance$138.12 million
Unbacked Noncurrent Loans$97.62 million
Real Estate Owned$2.86 million
Historic Data - December 2012
Assets$10.10 billion
Equity Capital$1.06 billion
Loan Loss Allowance$148.02 million
Unbacked Noncurrent Loans$97.62 million
Real Estate Owned$3.67 million
Profit Margin - Quarterly
Net Interest Margin3.24%
Return on Assets1.55%
Return on Equity14.78%
Interest Income$341.75 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Raymond James Bank, we are a rate comparison website and can not provide official rates or promotions.

Raymond James Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.03%$5k-Client Interest Program - Tier 3
0.03%$5k-Raymond James Bank Deposit Program - Tier 3
0.02%$5k-Raymond James Bank with Checkwriting
0.02%$5k-Client Interest Program - Tier 2
0.02%$5k-Raymond James Bank Deposit Program - Tier 2
0.01%$2,500-Statement Savings Account
0.01%$5k-Client Interest Program - Tier 1
0.01%$5k-Raymond James Bank Deposit Program - Tier 1
0.01%-$5kClient Interest Program - Basic
0.01%-$5kRaymond James Bank Deposit Program - Basic

Raymond James Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.01%$25k-Money Market Non-Sweep Account

Raymond James Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.01%$1k-Choice Rate Checking

Raymond James Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.35%$1k-60 Month CD
0.99%$1k-48 Month CD
0.55%$1k-36 Month CD
0.25%$1k-24 Month CD
0.20%$1k-18 Month CD
0.15%$1k-12 Month CD
0.05%$1k-6 Month CD
0.02%$1k-90 Day CD
Locations


Raymond James Bank Locations
Raymond James Bank, National Association710 Carillon ParkwaySaint Petersburg, FL 33716