Royal Bank of Canada

RY: XTSE (CAN)

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Royal Bank of Canada Earnings: Provisioning Up Amid Trade Uncertainty; 2025 Guidance Maintained

Maoyuan Chen

May 29, 2025

Royal Bank of Canada reported slightly disappointing second-quarter results, with provisioning costs increasing 36% from a quarter ago. Adjusted earnings per share of CAD 3.12 fell 14% sequentially. This was due in large part to increased tariff-induced uncertainty in the Canadian and US economies.

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