RBC Surpasses Earnings Estimates for Fourth Consecutive Quarter

Royal Bank of Canada has reported strong Q3 2026 results, surpassing earnings per share estimates with $3.07 compared to $2.89 expected.

This marks a 6.23% positive surprise and continues a streak of four quarters beating expectations.

The bank's revenue also exceeded forecasts at $13.28 billion compared to $12.98 billion estimated, up from $12.36 billion last year.

The bank's solid financial metrics, including a P/E ratio of 18.29 and a current ratio of 4.42, highlight its robust valuation and liquidity.