Royal Bank of Canada

Royal Bank of Canada reports a return on equity of over 18% with a CET1 ratio of 13.5%, emphasizing strong capital generation as well as loan and deposit growth. CEO Dave McKay sees artificial intelligence as a central strategy and expects net savings of about CAD 1 billion from AI initiatives; further cost reductions should become visible from late 2026/2027. City National contributed CAD 230 million, share buybacks of about 2% of outstanding shares will continue, and the priority is on organic growth rather than a large acquisition. » Mere på de.investing.com

Royal Bank of Canada reported fiscal Q3 net income of $6.0 billion, up 11%, and revenue of $18.54 billion, driven by broad-based gains in Wealth Management, Capital Markets and Commercial Banking. Management highlighted AI initiatives targeting $700m–$1bn in enterprise value by fiscal 2027 and returned $4.0 billion to shareholders. However, newly implemented tariffs and a $120 million provision tied to a troubled utility borrower increased credit risk, with impaired loans and provisions rising. Insurance income fell year over year due to prior-period adjustments, and elevated bond yields pose refinancing risks for governments and corporates. » Mere på finance.yahoo.com

Royal Bank of Canada reports adjusted EPS of CAD 4.28 and revenue of CAD 18.54 billion for Q3 2026, surpassing expectations. Net income rose 11% to CAD 6 billion, return on equity stands at 17.9% and the CET1 ratio at 13.5%. The bank repurchased 5.6 million shares for around CAD 1.6 billion during the quarter and highlights strategic priorities on AI, its global transaction business and U.S. expansion. » Mere på de.investing.com

RBC Capital Markets has raised its 12-month target for the S&P 500 from 7,900 to 8,150 points, supported by higher earnings assumptions and a slightly lower inflation forecast. The broker is again using a median of five models covering sentiment, valuation, the equity-to-bond ratio, the GDP environment and monetary policy conditions. RBC warns of short-term volatility from earnings season, profit-taking in AI and semiconductor stocks, geopolitical setbacks and potential rate hikes, but expects only limited pullbacks of 5–10% given low recession and interest-rate shock risk. Strategically, RBC remains positive on US large-cap growth names and sees outperformance of developed markets outside the US and of value stocks more as a tactical opportunity. » Mere på de.investing.com

Royal Bank of Canada reported fiscal Q1 net income of $5.5 billion, up 25%, and diluted EPS of $3.85, up 27%; adjusted net income was $5.6 billion with adjusted EPS of $3.90, up 23% and 25% respectively. After the results, CIBC raised its price target to C$279 (Neutral) and Barclays raised its target to C$260 while keeping an Overweight rating. The results showed broad growth across the bank’s business segments. » Mere på finance.yahoo.com