{"id":65718,"date":"2026-05-29T03:43:37","date_gmt":"2026-05-29T03:43:37","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/65718\/"},"modified":"2026-05-29T03:43:37","modified_gmt":"2026-05-29T03:43:37","slug":"royal-bank-of-canada-shares-rise-after-quarterly-earnings-top-expectations-ry","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/65718\/","title":{"rendered":"Royal Bank of Canada shares rise after quarterly earnings top expectations (RY)"},"content":{"rendered":"

\"royal royal bank of canada NEW SIZE \u00a9Peter Glyn <\/p>\n

Royal Bank of Canada (NYSE:RY) posted second-quarter results that exceeded analyst expectations, helping lift shares 2.57% in premarket trading as the lender benefited from broad-based strength across its major business divisions.<\/p>\n

The bank reported adjusted earnings per share of Cdn$3.90, ahead of analyst estimates of Cdn$3.77.<\/p>\n

Quarterly revenue totaled Cdn$17.45 billion, surpassing the consensus forecast of Cdn$17.15 billion and increasing 11% from Cdn$15.67 billion in the same quarter last year.<\/p>\n

Adjusted net income climbed 23% year-over-year to Cdn$5.6 billion, supported by strong performance in Capital Markets, higher fee-based revenue from Wealth Management, and increased net interest income within the Personal Banking and Commercial Banking segments.<\/p>\n

Total provisions for credit losses declined by Cdn$512 million from the prior-year period to Cdn$912 million. The bank noted that the same quarter last year included elevated provisions tied mainly to trade disruptions and tariff-related concerns.<\/p>\n

\u201cOur second quarter earnings showcase our consistency in delivering premium profitability and long-term shareholder value, underpinned by solid growth across our diversified businesses and balance sheet strength,\u201d said Dave McKay, President and Chief Executive Officer.<\/p>\n

Pre-provision, pre-tax earnings rose 15% year-over-year to Cdn$8.0 billion, driven by stronger revenue in Capital Markets and Wealth Management, as well as loan growth and improved spreads in Personal Banking and Commercial Banking.<\/p>\n

The provision for credit losses ratio on loans improved to 35 basis points, compared with 58 basis points in the prior-year quarter.<\/p>\n

Royal Bank also maintained a strong capital position, ending the quarter with a CET1 ratio of 13.5%.<\/p>\n

During the quarter, the bank returned Cdn$4.0 billion to shareholders through Cdn$1.7 billion in share repurchases and Cdn$2.3 billion in dividends.<\/p>\n

The company declared a quarterly dividend of Cdn$1.76 per share, representing a 7% increase, and announced plans to repurchase up to 45 million common shares, or roughly 3% of shares outstanding.<\/p>\n

Royal Bank of Canada stock price<\/p>\n","protected":false},"excerpt":{"rendered":"royal bank of canada NEW SIZE \u00a9Peter Glyn Royal Bank of Canada (NYSE:RY) posted second-quarter results that exceeded…\n","protected":false},"author":2,"featured_media":65719,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[27804,17,27538,16349,27803,1750,4878],"class_list":["post-65718","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-analyst-estimates","tag-canada","tag-capital-markets","tag-earnings-per-share","tag-quarterly-revenue","tag-royal-bank-of-canada","tag-wealth-management"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/65718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=65718"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/65718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/65719"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=65718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=65718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=65718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}