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0 0 -0.0225949367088607 -6.64556962023993E-05 -0.00594936708860758 -0.0125949367088606 -0.0158227848101266 -0.0110759493670886
Stock impact report

RBC hikes dividend as $5.5 billion profit beats expectations [Yahoo! Finance Canada]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
segments, except insurance, when it released its fourth-quarter earnings results on Wednesday. Royal Bank of Canada 's net income for the three months ending Oct. 31 was $5.4 billion, up 29 per cent from the same period a year ago, resulting in net earnings per share of $3.76. Its adjusted net income — which removes the impact of non-recurring items — was $5.5 billion, up 25 per cent year over year, resulting in adjusted earnings per share of $3.85, which topped analysts' expectations of about $3.55 per share. For its fiscal year ending Oct. 31, RBC had net income of $20.4 billion, up 25 per cent compared to fiscal year 2024. Its adjusted net income was $20.9 billion, up 20 per cent year over year. As a result of the positive performance, the bank has increased its return-on-equity target to more than 17 per cent, as opposed to an increase of more than 16 per cent. It also raised its quarterly dividend by 10 cents to $1.64 per share. “In 2025, we advanced our position as one Show less Read more
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