UPDATE 2-Three Canadian banks cut credit card interest rates to ease coronavirus impact [Reuters]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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Source: Reuters
UPDATE 2-Three Canadian banks cut credit card interest rates to ease coronavirus impact (Adds details of National Bank of Canada moves) April 3 (Reuters) - Royal Bank of Canada, National Bank of Canada and Canadian Imperial Bank of Commerce said on Friday they are cutting interest rates on credit cards to provide relief to customers as the economic fallout from the COVID-19 pandemic deepens. Royal Bank will reduce credit card interest charges by 50% for clients receiving minimum payment deferrals, Canada’s biggest lender said in a statement. National Bank will allow credit card customers to defer minimum payments for up to 90 days and reduce annual interest rates to 10.9% for these clients, it said. CIBC too will reduce interest rates to 10.99% on personal credit cards for users who request to skip a payment, Canada's fifth-largest lender said. ( reut.rs/3aHZM9Q ) Most Royal Bank and CIBC credit cards charge 19.99% interest on purchases. Most National Bank cards charge 20.99%. Nationa
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News
- Royal Bank of Canada Lifts Dividend With Jump in Quarterly Earnings [Yahoo! Finance]Yahoo! Finance
- Bankers' bonuses rose in 2025 as capital markets, wealth management divisions pushed profits higher [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Stock news for investors: Fourth-quarter earnings roll in from Canada’s big banks [MoneySense]MoneySense
- Royal Bank Of Canada (NYSE:RY) (TSE:RY) had its "outperform" rating reaffirmed by analysts at Scotiabank.MarketBeat
- Royal Bank Of Canada (NYSE:RY) (TSE:RY) had its "outperform" rating reaffirmed by analysts at National Bankshares, Inc..MarketBeat
RY
Earnings
- 12/3/25 - Beat
RY
Sec Filings
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- 12/5/25 - Form 424B2
- RY's page on the SEC website