Item 6. SELECTED FINANCIAL DATA



	Year ended September 30,
in millions, except per share amounts	2019		2018		2017		2016		2015
Operating results:
Net revenues	$	7,740	$	7,274	$	6,371	$	5,405	$	5,204
Net income	$	1,034	$	857	$	636	$	529	$	502
Earnings per common share - basic	$	7.32	$	5.89	$	4.43	$	3.72	$	3.51
Earnings per common share - diluted	$	7.17	$	5.75	$	4.33	$	3.65	$	3.43
Weighted-average common shares outstanding - basic	141.0		145.3		143.3		141.8		142.5
Weighted-average common and common equivalent shares outstanding - diluted	144.0		148.8		146.6		144.5		145.9
Dividends per common share - declared	$	1.36	$	1.10	$	0.88	$	0.80	$	0.72

Financial condition:
Total assets	$	38,830	$	37,413	$	34,883	$	31,487	$	26,326
Senior notes payable maturing within twelve months	$	—	$	—	$	—	$	—	$	250
Long-term obligations:
Non-current portion of other borrowings	$	889	$	894	$	899	$	604	$	584
Non-current portion of senior notes payable	$	1,550	$	1,550	$	1,550	$	1,700	$	900
Total long-term debt	$	2,439	$	2,444	$	2,449	$	2,304	$	1,484
Total equity attributable to Raymond James Financial, Inc.	$	6,581	$	6,368	$	5,582	$	4,917	$	4,524
Shares outstanding	137.8		145.6		144.1		141.5		142.8
Book value per share	$	47.76	$	43.73	$	38.74	$	34.73	$	31.69

Senior notes maturing within twelve months and the non-current portion of senior notes payable exclude the impact of debt issuance costs.

RAYMOND JAMES FINANCIAL, INC. AND SUBSIDIARIES