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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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.