The acquisition of HSBC Bank Canada, higher revenues and an increase in loans support Royal Bank of Canada's (RY) fiscal Q2 earnings, while a rise in expenses and provisions plays spoilsport.
Royal Bank of Canada's ( TSE:RY ) dividend will be increasing from last year's payment of the same period to CA$1.42 on...
(Bloomberg) -- Royal Bank of Canada beat analysts’ estimates on strong performance from its capital-markets business and lower-than-expected provisions for potential loan losses. The shares surged 5.2%, the most since 2020. Most Read from BloombergDonald Trump Becomes First Former US President Guilty of CrimesSouth Africa Election Results With 29% Voting Districts InWall Street Billionaires Are Rushing to Back Trump, Verdict Be DamnedTrump Is Guilty on All Counts in Hush-Money Case. Now What?Wor