Seeking Alpha

Robust capital markets activity leads RBC results

  • Excluding specific items, net income of $2.418B of $1.62 per share vs. $2.195B and $1.45 one year ago. ROE of 20% slips 40 basis points.
  • Personal & Commercial Banking net income up 1% from a year ago after excluding the loss related to the sale of RBC Jamaica.
  • Wealth Management net income of $285M up 22%.
  • Insurance net income of $214M up 34%.
  • Investor & Treasury Services net income of $110M up 6%.
  • Capital Markets net income hits a record $641M up 66%. "Trading and origination activity was robust this quarter."
  • Basel III CET 1 ratio of 9.5% down 20 basis points from last quarter.
  • Previously: Royal Bank of Canada boosts dividend by 6%
  • Previously: Royal Bank of Canada beats by C$0.06
  • Conference call at 8 ET
  • RY flat permarket
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs