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Stock impact report

UPDATE 1-Royal Bank of Canada quarterly earnings up 14 percent [Reuters]

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
Company Research Source: Reuters
UPDATE 1-Royal Bank of Canada quarterly earnings up 14 percent | Reuters Reuters Staff 2 Min Read (Adds details on divisional performances) TORONTO, Aug 22 (Reuters) - Royal Bank of Canada, the country’s biggest lender, reported a 14 percent rise in third-quarter earnings on Wednesday, helped by strong results from its retail, wealth management and investment banking businesses. The bank said earnings per share totaled C$2.10 in the quarter ended July 31. Excluding one-off items, earnings per share were C$2.14. Analysts had on average forecast earnings of C$2.11 per share, according to Thomson Reuters I/B/E/S. Net income increased by 11 percent from a year ago to C$3.1 billion. That included an 8 percent rise in net income at the bank’s Canadian retail business to C$1.51 billion. Net income at the bank’s capital markets business rose by 14 percent and net income at its wealth management business was up 19 percent. Those performances offset a 13 percent decline in net income at the ban Show less Read more
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