Bullboard - Stock Discussion Forum Royal Bank of Canada T.RY

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

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

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TSX:RY - Post Discussion

Royal Bank of Canada > Analyst Comment

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Post by retiredcf on Mar 03, 2023 7:31am

Analyst Comment

COMMENT

Bank earnings - quality.(A Commentary)

02/03/2023

Bank earnings - quality.

Hard to tell on a quarterly basis. As a general rule, they're in very good shape. Even though loan losses have continued to rise, that's a good thing because they can take them back into earnings when things aren't as bad as forecast. Lots of capital to increase dividends or buy back shares, not trading at extreme levels on book value. In his dividend portfolio, he owns TD, RY, CM, and BNS. These are great businesses over the long term. A lot of the quarters had one-off costs. Great things to buy and hold long term. They continue to make money.

Paul Harris, CFA

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