Raymond James Bank, National Association

710 Carillon Parkway
Saint Petersburg, FL 33716

Phone: 800 718 2265

Notable Rates APY Vs.Others
Savings N.A. 2.25% →
1-Year CD N.A. 2.25% →
2-Year CD N.A. 2.50% →
5-Year CD N.A. 2.80% →
30-Year Mortgage 4.92% 3.31% →
15-Year Mortgage 3.95% 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Raymond James Bank, National Association is an FDIC insured institution located in Saint Petersburg, FL. It was founded in 1994 and has approximately $25.67 billion in assets.

FDIC Insured Yes
FDIC Certificate # 33893
Date Established 1994
Assets $25.67 billion
Loans $20.69 billion
Deposits $22.31 billion
Capital $2.20 billion
 

For a more detailed analysis of Raymond James Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - December 15, 2019

Your Current Location: Connecticut, CT 06828

There are currently no rates available for Raymond James Bank, National Association, but see these great savings and CD rates:

Advertiser Disclosure
Checking Rates APY MIN FEE
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Loan Rates - December 15, 2019

Your Current Location: Connecticut, CT 06828

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Raymond James Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Raymond James Bank, National Association Locations


Financial Details

Raymond James Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Raymond James Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Raymond James Bank, National Association U.S. Bank Average
2.33% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2019, Raymond James Bank, National Association had $53,122,000 in non-current loans and $3,072,000 in owned real estate. To cover these potential losses it had $2,197,788,000 in equity and $214,799,000 in loans loss reserves. That gives it a Texas Ratio of 2.33%.

Return on Equity
Raymond James Bank, National Association U.S. Bank Average
19.77% 9.50%

Raymond James Bank, National Association has a Return on Equity of 19.77% versus the BestCashCow average of 9.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Raymond James Bank, National Association U.S. Bank Average
8.56% 12.76%

Raymond James Bank, National Association has a Capitalization of 8.56% versus the BestCashCow average of 12.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Raymond James Bank, National Association Balance Sheet Analysis

As of June 30, 2019, Raymond James Bank, National Association had assets of $25,668,387,000, loans of $20,690,562,000, and deposits of $22,314,135,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $1.59 billion
Interest-bearing balances $1.55 billion
Total securities $2.96 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $20.69 billion
Loan loss allowance $0.21 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.42 billion
     Total Assets $23.47 billion
LIABILITIES
Total deposits $22.31 billion
      Interest-bearing deposits $22.30 billion
      Deposits held in domestic offices $22.31 billion
      % insured (estimated) 94.60%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.88 billion
Subordinated debt $0.00 billion
All other liabilities $0.28 billion
      Total Liabilities $23.47 billion
      Shareholders’ Equity $2.20 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.49 billion
Total Interest Expense $0.08 billion
Net interest income $0.41 billion
Provision for loan and lease losses $-0.00 billion
Total non interest income $0.01 billion
Total non interest expense $0.15 billion
Pre-tax Net Operating Income $0.27 billion

Bank Loan Profile?

The top three loan types in Raymond James Bank, National Association’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Florida, Raymond James Bank, National Association has a significantly higher percent of Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 20.41
Multifamily
Mortgages
1.94
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 1.13
Commercial Real Estate 8.11
Commercial and Industrial Loans 40.05
Farm Loans 0.00

Frequently Asked Questions About Raymond James Bank, National Association

Branches and Savings

Is Raymond James Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #33893.

Why does Raymond James Bank, National Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Raymond James Bank, National Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Raymond James Bank, National Association a commercial bank?

Yes

Where are Raymond James Bank, National Association locations?

See branch locations nearby.

Is Raymond James Bank, National Association open on Saturdays?

Is Raymond James Bank, National Association open on Sundays?

What time does Raymond James Bank, National Association open?

What time does Raymond James Bank, National Association close?

Are Raymond James Bank, National Association ATMs Open 24/7?

Do Raymond James Bank, National Association ATMs accept cash deposits?

Can Raymond James Bank, National Association customers use other ATMs?

Do Raymond James Bank, National Association branches have notaries?

Will Raymond James Bank, National Association notarize my document?

What address for Raymond James Bank, National Association should I put for incoming ACH transfers?

Will the Raymond James Bank, National Association branch print checks?

Do Raymond James Bank, National Association checks expire?

Does Raymond James Bank, National Association require US citizenship to open account?

Can Raymond James Bank, National Association close my account?

Does Raymond James Bank, National Association Report to credit bureaus?

Does Raymond James Bank, National Association Use Equifax?

What is Raymond James Bank, National Association's ACH Routing Number?

What is Raymond James Bank, National Association's SWIFT code?

Products

Does Raymond James Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Raymond James Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Raymond James Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Raymond James Bank, National Association offer student loans?

Will Raymond James Bank, National Association cash a check?

Will Raymond James Bank, National Association redeem a savings bond?

Does Raymond James Bank, National Association cash savings bonds?

Will Raymond James Bank, National Association cash money orders?

Can Raymond James Bank, National Association issue a money order?

Does Raymond James Bank, National Association do currency exchange?

Background on The Bank

Who owns Raymond James Bank, National Association?

How long has Raymond James Bank, National Association been around?

Can Raymond James Bank, National Association transfer to other banks?

Does Raymond James Bank, National Association have quick pay?

Does Raymond James Bank, National Association accept rolled coins?

Will Raymond James Bank, National Association accept loose change?

Where is Raymond James Bank, National Association headquarters?

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