Shares of Royal Bank of Canada rose 6% after the company reported second-quarter earnings that exceeded analyst expectations. RBC reported adjusted earnings per share of 3.84 Canadian dollars on revenue of C$17 billion compared with analyst expectations of earnings per share of C$3.31 on revenue of C$16 billion, according to FactSet For the same period a year ago, RBC reported earnings of C$3.26 and revenue of C$14.6 billion. Net interest income is the difference between what banks earn on interest-bearing assets and what they pay depositors.
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RBC’s Stock Rises After Earnings Beat. CEO Cautious on Trade.
Published 2 months ago
Aug 27, 2025 at 6:48 PM
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