Royal Bank of Canada (RY) revealed earnings for its fourth quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line totaled C$5.434 billion, or C$3.76 per share. This compares with C$4.222 billion, or C$2.91 per share, last year.
Excluding items, Royal Bank of Canada reported adjusted earnings of C$5.554 billion or C$3.85 per share for the period.
Analysts on average had expected the company to earn C$3.55 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 14.2% to C$17.209 billion from C$15.074 billion last year.
Royal Bank of Canada earnings at a glance (GAAP) :
-Earnings: C$5.434 Bln. vs. C$4.222 Bln. last year.-EPS: C$3.76 vs. C$2.91 last year.-Revenue: C$17.209 Bln vs. C$15.074 Bln last year.
This rise in earnings reflect higher results in capital markets, wealth management, personal banking, and commercial banking, partially offset by lower results in insurance.
The company has declared a quarterly dividend of C$1.64 per share reflecting an increase of C$0.10 or 6%.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.