Royal Bank of Canada may pull up stakes in Asia, where profitability lacks scale for the financial institution.
Royal Bank of Canada on Friday reported quarterly earnings of more than C$3 billion ($2.3 billion) for the first time, beating market forecasts, and benefiting from a strong performance at all its businesses. Canada's biggest bank said on Friday net income for the first quarter to Jan. 31 rose by 24 percent to C$3.03 billion. Shares in RBC, which has a substantial business in the United States, have risen by nearly 20 percent since Donald Trump's election as U.S. president in November.
- Associated Press•2 days ago
The bank, based in Toronto, said it had earnings of $1.48 per share. Earnings, adjusted for non-recurring gains, were $1.40 per share. The bank posted revenue of $8.75 billion in the period. Its adjusted ...
RY : Summary for Royal Bank Of Canada - Yahoo Finance
Royal Bank of Canada (RY)
NYSE - NYSE Delayed Price. Currency in USD
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|Bid||72.05 x 100|
|Ask||75.50 x 200|
|Day's Range||73.50 - 75.28|
|52 Week Range||50.46 - 76.01|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||14.24|
|Dividend & Yield||2.48 (3.60%)|
|1y Target Est||N/A|