Raymond James showed improvement year-over-year, but growth slowed in the third quarter of this year as rising interest rates dampened earnings across business segments.

Revenue for the firm was $1.1 billion, up 2% year-over-year, but down 3% from last quarter. From that, the firm brought in $84 million in profit, up 7% from the prior year’s quarter and up 5% from the preceding quarter.

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