Nomura (NMR) vs Raymond James Financial (RJF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Nomura (NMR) has outperformed Raymond James Financial (RJF) over the past year, gaining 34.0% versus a loss of 5.1%. Over five years, NMR leads with a +94.5% price change compared with +56.9% for RJF. Raymond James Financial is the larger company by market cap ($30.21 billion vs $27.85 billion), about 1.1 times the size, while Nomura is growing revenue faster (+15.2% vs +6.6%).
On valuation, Raymond James Financial trades at a lower forward P/E (11.0x vs 17.0x for Nomura). Nomura offers the higher dividend yield (535.15% vs 1.35%). Raymond James Financial converts more of its revenue into profit, with a net margin of 13.4% versus 2.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NMR | RJF |
|---|---|---|
| Share price | $9.53 | $157.25 |
| Market cap | $27.85B | $30.21B |
| 1-day change | -2.56% | -1.37% |
| YTD return | +13.59% | -2.08% |
| 1-year return | +34.04% | -5.07% |
| 5-year return | +94.49% | +56.92% |
| P/E ratio (TTM) | 11.08 | 13.71 |
| Forward P/E | 17.02 | 11.03 |
| EPS (TTM) | $0.86 | $11.47 |
| Dividend yield | 535.15% | 1.35% |
| Annual dividend | $51.00 | $2.12 |
| Revenue (latest FY) | $16.74B | $15.91B |
| Revenue growth (YoY) | +15.25% | +6.63% |
| Net income (latest FY) | $346.00M | $2.13B |
| Net margin | 2.07% | 13.42% |
| 52-week high | $10.94 | $182.73 |
| 52-week low | $6.71 | $138.82 |
| Distance from 52-week high | -12.89% | -13.94% |
| Analyst consensus | none | buy |
| Avg. price target upside | +17.73% | +18.05% |
| Average volume | 794.52K | 1.20M |
| Shares outstanding | 2.92B | 192.10M |
| Employees | 28,677 | 19,500 |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Bankers/Brokers/Service |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NMR has outperformed RJF by 39.1 percentage points over the past year.
- Nomura offers a meaningfully higher dividend yield (535.15% vs 1.35%).
- Raymond James Financial is more profitable, keeping 13.4 cents of every revenue dollar as net income versus 2.1 cents for Nomura.
- Nomura grew revenue faster in its latest fiscal year (+15.25% vs +6.63%).
About Nomura
NMR stock →Nomura Holdings, Inc. engages in the provision of investment, financing, and related services to individual, institutional, and government clients worldwide.
Finance · Investment Bankers/Brokers/Service · 28,677 employees
About Raymond James Financial
RJF stock →Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers financial planning, investment advisory, securities transaction, investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; and custodial, trade execution, research, and other support and services.
Finance · Investment Bankers/Brokers/Service · 19,500 employees
NMR vs RJF FAQ
Which is bigger, Nomura or Raymond James Financial?
Raymond James Financial (RJF) is larger, with a market capitalization of $30.21B compared with $27.85B for Nomura (NMR).
Which stock has performed better over the past year, NMR or RJF?
NMR returned +34.04% over the past 12 months, compared with -5.07% for RJF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NMR or RJF?
NMR has the lower trailing P/E at 11.1, versus 13.7 for RJF. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Nomura or Raymond James Financial?
Nomura has the higher yield at 535.15%, compared with 1.35% for Raymond James Financial.
Are Nomura and Raymond James Financial in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.