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Stock impact report

RBC posts 29% jump in fourth-quarter profit, hikes dividend [Globe and Mail, The (Toronto, Canada)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Maria Collins/The Globe and Mail Profit at RBC jumped 29 per cent to $5.4-billion from the same period a year prior, or $3.85 per share, in the three months ended Oct. 31. “Looking to 2026, our financial strength remains one of our greatest advantages, underpinning our strong credit ratings and giving us the capacity to fund future growth and pursue our client-centric ambitions,” RBC chief executive officer Dave McKay said in a statement. The bank raised its quarterly dividend by 10 cents to $1.64 per share. RBC is the second major Canadian bank to report earnings for the fiscal fourth quarter. National Bank of Canada also reports results on Wednesday. On Tuesday, Bank of Nova Scotia posted higher profits that beat analysts' estimates. Toronto-Dominion Bank, Bank of Montreal and Canadian Imperial Bank of Commerce will wrap up earnings week on Thursday. In the quarter, RBC set aside $1-billion in provisions for credit losses – the funds banks set aside to cover loans that m Show less Read more
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