An update from Royal Bank Of Canada ( (TSE:RY) ) is now available.
Royal Bank of Canada reported a significant increase in its first quarter 2025 financial results, with a net income of $5.1 billion, up 43% from the previous year. This growth was driven by strong performance across all business segments, including the integration of HSBC Bank Canada’s results, which contributed $214 million to net income. The bank’s diluted earnings per share rose by 42% to $3.54, and its return on equity increased by 370 basis points to 16.8%. The bank’s capital position remains strong, with a CET1 ratio of 13.2%, supporting solid volume growth and shareholder returns through dividends and share buybacks. These results reflect RBC’s strategic focus on client-driven growth, risk management, and investments in technology and talent.
More about Royal Bank Of Canada
Royal Bank of Canada (RBC) is a leading financial services company operating in the banking industry. It provides a wide range of financial products and services, including personal and commercial banking, wealth management, insurance, investor services, and capital markets products and services on a global basis.
YTD Price Performance: -0.02%
Average Trading Volume: 1,072,390
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $169B
Learn more about RY stock on TipRanks’ Stock Analysis page.
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