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Royal Bank of Canada

RY: XTSE (CAN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
CAD 376.00WdbjGnbbvxxm

Revenue Comes in Strong as Royal Bank of Canada Able to Growth Net Interest Income in Fiscal Q4

Wide-moat-rated Royal Bank of Canada, or RBC, reported decent fiscal fourth-quarter earnings. Adjusted earnings per share were CAD 2.78, representing an increase of 2% year over year and 9% quarter over quarter. Results came in stronger than expected for revenue but weaker than expected for expenses.

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