Royal Bank of Canada
RY: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| kb! | LOCK|##D | LOCK|vy&L<l?C |
Royal Bank of Canada Earnings: Improved Services, Resources Results in Higher 2025 Revenue Guidance
Royal Bank of Canada reported strong fiscal third-quarter results, with provisioning costs decreasing 38% from a quarter ago. Adjusted earnings per share of CAD 3.84 were up 18% year over year. The results translated into an adjusted ROE of 17.7%, well above the bank's medium-term target of 16%.
