RBC Posts Record Net Income as Earnings Rise 11%

Royal Bank of Canada reported record net income for its quarter ended July 31, 2026. The bank's net income reached $6.0 billion, a significant increase of $610 million or 11% from the same period last year.

The higher earnings were driven by strong results in Wealth Management, Capital Markets, and Commercial Banking. Diluted EPS was $4.23, up 13% over the same period.

Royal Bank's adjusted net income and diluted EPS also saw a notable increase, with figures reaching $6.1 billion and $4.28 respectively, representing a 10% and 11% rise from last year.