Royal Bank of Canada
RY: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Fy | LOCK|RK | LOCK|%@X@!w?S |
Royal Bank of Canada Earnings: Strong Results Across the Board
Royal Bank of Canada reported strong second-quarter fiscal results. Adjusted earnings per share of CAD 3.90 grew 25% from the prior-year quarter. This quarter’s results translate into an adjusted return on equity of 17.4%, above its medium-term target of 17.0%-plus.
