Insider Sells Royal Bank of Canada Shares Amid Record Earnings

Maria Elena Douvas, an insider at Royal Bank of Canada, sold 9,604 shares of the company's stock on October 2, 2026. This transaction comes shortly after the bank reported record fiscal third-quarter earnings, marking a notable insider-trading move against a backdrop of strong financial performance.

Royal Bank of Canada's fiscal third-quarter net income reached CAD 6.0 billion, an 11% increase year over year. Adjusted diluted earnings per share also rose by 11% to CAD 4.28. The bank's return on equity stood at 17.9%, with a Common Equity Tier 1 ratio of 13.5%. Management highlighted an active capital-return program, having repurchased 5.6 million shares for CAD 1.6 billion during the quarter.

Despite the strong earnings, the bank faces challenges in credit risk. Provisions on impaired loans increased by one basis point to 35 basis points, while gross impaired loans rose by CAD 353 million. The bank's revenue grew by 9% year over year, with investment banking revenue up 23% and wealth-management net income increasing by 32%.

As of September 29, 2026, the stock was trading at EUR 175.90 on Tradegate, a 0.77% decrease from the prior close. The market capitalization was USD 273.4 billion as of October 6, 2026, with a 52-week range of USD 143.13 to USD 218.57.