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Royal Bank of Canada T.RY.PR.H


Primary Symbol: T.RY Alternate Symbol(s):  T.RY.PR.N | T.RY.PR.O | T.RY.PR.S | RYLBF | RBMCF | RBCPF | RY | T.RY.PR.J | T.RY.PR.M

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.


TSX:RY - Post by User

Post by Betteryear2on May 30, 2024 6:30am
149 Views
Post# 36063783

ROYAL BANK OF CANADA REPORTS SECOND QUARTER 2024 RESULTS

ROYAL BANK OF CANADA REPORTS SECOND QUARTER 2024 RESULTS TORONTOMay 30, 2024 /CNW/ - Royal Bank of Canada11 (TSX: RY) (NYSE: RY) today reported net income of $4.0 billion for the quarter ended April 30, 2024, up $270 million or 7% from the prior year. Diluted EPS was $2.74, up 5% over the same period. Record earnings in Capital Markets as well as higher results in Personal & Commercial Banking, Wealth Management and Insurance were partially offset by lower results in Corporate Support. Adjusted net income7 and adjusted diluted EPSof $4.2 billion and $2.92 were up 11% and 9%, respectively, from the prior year.

ROYAL BANK OF CANADA REPORTS SECOND QUARTER 2024 RESULTS (newswire.ca)
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