Reports Q2 revenue C$15.67B vs. C$14.15B last year. Dave McKay, President and Chief Executive Officer of Royal Bank of Canada (RY): “We saw the strength of our diversified business model reflected across our largest segments in Q2, underpinned by our robust capital position, balance sheet strength and prudent, through-the-cycle approach to risk management. Importantly, in a quarter hallmarked by macroeconomic uncertainty and market volatility, Team RBC continued to step up for our clients with the advice, insights and experiences they expect from us. We also hosted an Investor Day, detailing how we are accelerating our ambitions to extend our leadership in Canada, grow in global fee pools, including in the United States – our second home market, leverage our data scale and artificial intelligence investments to create more value for clients and deliver on our medium-term objectives for our shareholders.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RY:
- Royal Bank Of Canada (RY) Q2 Earnings Cheat Sheet
- Options Volatility and Implied Earnings Moves This Week, May 27 – May 30, 2025
- Royal Bank of Canada price target raised to C$174 from C$168 at CIBC
- Royal Bank of Canada price target raised to C$194 from C$190 at BofA
- Royal Bank of Canada assumed with an Outperform at Scotiabank