RBC Reports Strong Q3 Results with $6.02B Net Income
Royal Bank of Canada (TSX:RY) reported strong Q3 results for 2026, with net income reaching C$6.02B and adjusted earnings per share (EPS) at C$4.28, a significant increase of 11% year-over-year.
The bank's revenue also saw a notable rise, reaching C$18.54B, up by 9% compared to the same period last year. Additionally, Royal Bank of Canada reported capital markets revenue of C$1.54B and retained a strong capital ratio of 13.5%, highlighting its financial stability.
In another significant development, Royal Bank of Canada launched a unified Global Transaction Banking unit, aimed at centralizing payments, cash management, and trade finance operations. This move is expected to drive global growth and generate deposits for the bank.