- RY net income of $2.3B up 3% from last year. EPS of $1.52 up from $1.47 a year ago.
- Retail banking income of $1.18B up 17% from last year's adjusted earnings. Acquisition of Ally Canada boosted results. Wealth Management net income of $236M up 33% from last year's adjusted results. Insurance income of $160M off 11% Y/Y.
- Capital Markets net income of $388M is off 10% Y/Y, the bank blaming lower fixed-income trading revenue on the QE taper-induced tumult in bond markets.
- Quarterly dividend is hiked 6.3% to about $0.65 per share (currency translation). The annualized yield is about 4.2%.
- The earnings call is underway. Listen live on Seeking Alpha.
- Q3 results, press release.