UPDATE 1-Raymond James quarterly revenue, profit up over last year

April 22, 2015 9:48 PM

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NEW YORK, April 22 (Reuters) - Brokerage and financial services firm Raymond James Financial Inc said on Wednesday its fiscal second-quarter total revenues and profit rose over last year, although profit fell from last quarter on seasonal expenses.

The St. Petersburg, Florida-based company reported net income of $113.5 million, or $0.77 per diluted share, for the quarter ended March 31. That was 9 percent higher than a year ago, but 10 percent lower than the prior quarter.

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