Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Royal Bank of Canada RY


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

Financial Services
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... see more

TSX:RY - Post Discussion

Royal Bank of Canada > BMO
View:
Post by Dibah420 on Aug 29, 2024 4:36pm

BMO

RBC Target Lifted to $165 at BMO After Q3 Beat
MT Newswires - Aug 29, 2024 2:26 PM EDT

02:26 PM EDT, 08/29/2024 (MT Newswires) -- BMO has lifted its target on RBC to $165 and kept its Outperform rating.

RBC's adjusted diluted EPS of $3.26 beat BMO/consensus estimates of $2.93/$2.95. All segments beat, driven by strong results in Capital Markets (Corporate & Investment banking) and Wealth (higher AUM).

Canadian P&C (higher risk-adjusted margins) and Insurance (IFRS 17) also came in higher than expected.

PCLs were lower than expected on lower impaired provisions across all segments, but RBC is guiding to higher PCLs in FY25.

Price: 161.27, Change: +1.29, Percent Change: +0.81

Be the first to comment on this post
Royal Bank of Canada