Royal Bank of Canada reports Q2 adjusted EPS C$3.12 vs. C$2.92 last year

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.”